Armenia vs Latvia - Cost of Living Comparison

Armenia Latvia
🚶 Cost of living one person
$884
$860
👨‍👩‍👧‍👦 Cost of living Family
$2044
$2122
🏠 One person rent
$486
$400
🏘️ Family rent
$832
$639
🍽️ Food expenses
$277
$299
🚐 Transport expenses
$34.8
$62.6
💳 Monthly salary after tax
$465
$936
💸 GDP per capita
$4266
$17737
😃 Human freedom index
8.2
8.67
❤️ Life expectancy
75.2
75.4
👮 Corruption perceptions index
49
59
🌐 English speaking %
8%
45.9%
🎓 Higher education
55
72
😀 Quality of life
57
68
🏙️ Population
2.93M
1.91M

The average cost of living in Armenia ($884) is 3% more expensive than in Latvia ($860). Armenia ranked 82nd vs 87th for Latvia 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 1.1 months in Latvia. Ranked 65th and 35th best countries to live in the world.

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the estimated difference in money purchasing power

Cost of living in Armenia vs Latvia infographic

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Prices in Armenia vs Latvia

We calculate prices for Armenia and Latvia as a population-weighted mean of 10 and 10 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 Latvia
Eating Out
🍱 Lunch Menu
$6.76
$7.32
🥂 Dinner in a Restaurant, for 2
$31.9
$34.2
🥪 Fast food meal, equiv. McDonald's
$6.09
$6.15
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.36
$3.05
 Cappuccino
$2.51
$2.78
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.84
$1.39
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$568
$359
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$377
$239
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1071
$606
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$647
$392
🔌 Utility Bill one person, electricity, heating, water, etc.
$52.4
$123
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$81
$190
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$18.6
$14.3
🏦 Mortgage Interest Rate for 20 Years
11.85%
2.58%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1986
$1951
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$923
$1156
Transportation
🚌 Local transport ticket
$0.26
$1.04
🎟️ Monthly ticket local transport
$14.3
$42.9
🚕 Taxi Ride, 8 km or 5 mi
$3.42
$7.24
 Gas / Petrol, 1 L or 0.26 gal
$1.25
$1.72
Groceries
🥛 Milk, 1 L or 1 qt
$1.18
$1.11
🍞 Bread, 0.5 kg or 1.1 lb
$0.58
$1.04
🍚 Rice, 1 kg or 2.2 lb
$2.09
$1.59
🥚 Eggs, x12
$2.14
$2.22
🧀 Cheese, 1 kg or 2.2 lb
$6.71
$8.5
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.25
$6.03
🥩 Round Steak, 1 kg or 2.2 lb
$9.68
$9.18
🍏 Apples, 1 kg or 2.2 lb
$1.12
$1.17
🍌 Banana, 1 kg or 2.2 lb
$1.66
$1.46
🍊 Oranges, 1 kg or 2.2 lb
$1.68
$1.66
🍅 Tomato, 1 kg or 2.2 lb
$1.85
$2.5
🥔 Potato, 1 kg or 2.2 lb
$0.72
$0.7
🧅 Onion, 1 kg or 2.2 lb
$0.72
$0.6
🌊 Water, 1 L or 1 qt
$0.42
$0.47
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.51
$1.71
🍾 Wine (mid-priced), 750 mL bottle
$7.04
$7.38
🍺 Beer, 0.5 L or 16 fl oz
$1.09
$1.21
🚬 Cigarette pack
$1.87
$4.26
💊 Cold medicince, 1 week
$7.2
$8.15
🧴 Hair Shampoo
$2.93
$4.31
🧻 Toilet paper, 4 rolls
$1.63
$1.59
👄 Toothpaste, 1 tube
$1.86
$2.55
Other
🏋️ Gym Membership, 1 month
$54.9
$34.8
🎫 Cinema Ticket, 1 person
$5.51
$7.65
👩‍⚕️ Doctor's visit
$18.6
$43.8
💇 Haircut, simple
$4.07
$14.9
👖 Brand Jeans
$67.8
$61.7
👟 Brand Sneakers
$99.2
$69.5
👶 Daycare or Preschool, 1 month
$239
$294
🏫 International Primary School, 1 year
$5095
$12996

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Cities Comparison in Armenia vs Latvia

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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 Latvia

City Cost of living Population
Riga
$967
615K
Daugavpils
$644
80.6K
Liepaja
$650
68K
Jurmala
$829
50.2K
Jelgava
$724
55.3K
Ventspils
$758
33.4K
Jekabpils
$580
21.6K
Valmiera
$673
23K
Ogre
$676
23K
Rezekne
$582
26.8K