Armenia vs Italy - Cost of Living Comparison

Armenia Italy
🚶 Cost of living one person
$884
$1221
👨‍👩‍👧‍👦 Cost of living Family
$2044
$3026
🏠 One person rent
$486
$597
🏘️ Family rent
$832
$1059
🍽️ Food expenses
$277
$405
🚐 Transport expenses
$34.8
$87.2
💳 Monthly salary after tax
$465
$1475
💸 GDP per capita
$4266
$31770
😃 Human freedom index
8.2
8.49
❤️ Life expectancy
75.2
82.3
👮 Corruption perceptions index
49
56
🌐 English speaking %
8%
28.5%
🎓 Higher education
55
92
😀 Quality of life
57
73
🏙️ Population
2.93M
60.3M

The average cost of living in Armenia ($884) is 28% less expensive than in Italy ($1221). Armenia ranked 82nd vs 38th for Italy in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 0.5 months in Armenia compared to 1.2 months in Italy. Ranked 65th and 28th best countries to live in the world.

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the estimated difference in money purchasing power

Cost of living in Armenia vs Italy infographic

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Prices in Armenia vs Italy

We calculate prices for Armenia and Italy as a population-weighted mean of 10 and 148 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Armenia Italy
Eating Out
🍱 Lunch Menu
$6.76
$13.4
🥂 Dinner in a Restaurant, for 2
$31.9
$52.4
🥪 Fast food meal, equiv. McDonald's
$6.09
$8.2
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.36
$4.62
 Cappuccino
$2.51
$1.53
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.84
$2.12
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$568
$599
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$377
$433
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1071
$1168
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$647
$799
🔌 Utility Bill one person, electricity, heating, water, etc.
$52.4
$102
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$81
$158
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$18.6
$27.7
🏦 Mortgage Interest Rate for 20 Years
11.85%
1.75%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1986
$3920
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$923
$2278
Transportation
🚌 Local transport ticket
$0.26
$1.5
🎟️ Monthly ticket local transport
$14.3
$36.5
🚕 Taxi Ride, 8 km or 5 mi
$3.42
$16.3
 Gas / Petrol, 1 L or 0.26 gal
$1.25
$2.06
Groceries
🥛 Milk, 1 L or 1 qt
$1.18
$1.21
🍞 Bread, 0.5 kg or 1.1 lb
$0.58
$1.52
🍚 Rice, 1 kg or 2.2 lb
$2.09
$1.8
🥚 Eggs, x12
$2.14
$3.12
🧀 Cheese, 1 kg or 2.2 lb
$6.71
$13.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.25
$8.99
🥩 Round Steak, 1 kg or 2.2 lb
$9.68
$15
🍏 Apples, 1 kg or 2.2 lb
$1.12
$1.95
🍌 Banana, 1 kg or 2.2 lb
$1.66
$1.67
🍊 Oranges, 1 kg or 2.2 lb
$1.68
$1.89
🍅 Tomato, 1 kg or 2.2 lb
$1.85
$2.27
🥔 Potato, 1 kg or 2.2 lb
$0.72
$1.34
🧅 Onion, 1 kg or 2.2 lb
$0.72
$1.34
🌊 Water, 1 L or 1 qt
$0.42
$0.3
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.51
$1.96
🍾 Wine (mid-priced), 750 mL bottle
$7.04
$5.92
🍺 Beer, 0.5 L or 16 fl oz
$1.09
$1.39
🚬 Cigarette pack
$1.87
$5.79
💊 Cold medicince, 1 week
$7.2
$10.1
🧴 Hair Shampoo
$2.93
$2.98
🧻 Toilet paper, 4 rolls
$1.63
$2.13
👄 Toothpaste, 1 tube
$1.86
$1.98
Other
🏋️ Gym Membership, 1 month
$54.9
$46.8
🎫 Cinema Ticket, 1 person
$5.51
$8.72
👩‍⚕️ Doctor's visit
$18.6
$85.7
💇 Haircut, simple
$4.07
$14.4
👖 Brand Jeans
$67.8
$74.6
👟 Brand Sneakers
$99.2
$84.9
👶 Daycare or Preschool, 1 month
$239
$456
🏫 International Primary School, 1 year
$5095
$9600

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Cities Comparison in Armenia vs Italy

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Cost of Living in Popular cities

In Armenia

City Cost of living Population
Yerevan
$976
1.08M
Gyumri
$529
122K
Vanadzor
$690
90.5K
Abovyan
$675
44.4K
Kapan
$746
43.2K
Armavir
$687
38.6K
Ashtarak
$749
21.6K
Goris
$746
20.6K
Masis
$511
21.4K
Spitak
$743
15K

In Italy

City Cost of living Population
Rome
$1546
2.87M
Milan
$1657
1.37M
Turin
$1134
871K
Naples
$1085
966K
Palermo
$984
668K
Genoa
$1235
580K
Bologna
$1281
393K
Florence
$1317
381K
Bari
$1215
323K
Venice
$1357
261K
Verona
$1237
257K
Catania
$1055
312K
Trieste
$1300
204K
Parma
$1282
196K
Padua
$1170
210K
Brescia
$1200
197K
Modena
$1285
185K
Reggio Emilia
$1103
172K
Messina
$822
234K
Syracuse
$908
121K
Prato
$1295
193K
Monza
$1290
124K
Reggio Calabria
$848
181K
Perugia
$998
166K
Taranto
$937
198K
Ferrara
$1072
132K
Rimini
$1207
149K
Ravenna
$1183
159K
Trento
$1218
118K
Cagliari
$1206
154K