Armenia vs South Korea - Cost of Living Comparison

Updated:

Livingcost

Armenia South Korea
🚶 Cost of living one person
$1088
$1202
👨‍👩‍👧‍👦 Cost of living Family
$2536
$3006
🏠 One person rent
$571
$513
🏘️ Family rent
$947
$866
🍽️ Food expenses
$348
$478
🚐 Transport expenses
$45.7
$101
💳 Monthly salary after tax
$592
$2325
💸 GDP per capita
$8501
$33121
😃 Human freedom index
7.91
8.23
❤️ Life expectancy
77.5
83.4
👮 Corruption perceptions index
47
64
🌐 English speaking %
8%
20%
🎓 Higher education
50
87
😀 Quality of life
55
85
🏙️ Population
2.93M
51.5M

The average cost of living in Armenia ($1088) is 9% less expensive than in South Korea ($1202). Armenia ranked 82nd vs 62nd for South Korea 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 1.9 months in South Korea. Ranked 73rd and 22nd best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Armenia vs South Korea infographic

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Prices in Armenia vs South Korea

We calculate prices for Armenia and South Korea as a population-weighted mean of 10 and 87 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 South Korea
Eating Out
🍱 Lunch Menu
$10.3
$7.18
🥂 Dinner in a Restaurant, for 2
$49.3
$39.4
🥪 Fast food meal, equiv. McDonald's
$7.8
$5.88
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.76
$3.45
 Cappuccino
$3.17
$3.8
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.97
$1.64
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$633
$519
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$436
$352
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1200
$1262
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$730
$758
🔌 Utility Bill one person, electricity, heating, water, etc.
$76.1
$106
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$117
$163
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$19.6
$22.2
🏦 Mortgage Interest Rate for 20 Years
14.91%
4.11%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3157
$11385
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1483
$6923
Transportation
🚌 Local transport ticket
$0.37
$1.08
🎟️ Monthly ticket local transport
$23.3
$45.1
🚕 Taxi Ride, 8 km or 5 mi
$3.97
$9.86
 Gas / Petrol, 1 L or 0.26 gal
$1.34
$1.2
Groceries
🥛 Milk, 1 L or 1 qt
$1.57
$2.13
🍞 Bread, 0.5 kg or 1.1 lb
$0.8
$3
🍚 Rice, 1 kg or 2.2 lb
$2.25
$2.84
🥚 Eggs, x12
$2.33
$3.11
🧀 Cheese, 1 kg or 2.2 lb
$7.97
$12.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.49
$9
🥩 Round Steak, 1 kg or 2.2 lb
$12.1
$28.1
🍏 Apples, 1 kg or 2.2 lb
$1.27
$7.35
🍌 Banana, 1 kg or 2.2 lb
$1.66
$3.39
🍊 Oranges, 1 kg or 2.2 lb
$1.65
$5.97
🍅 Tomato, 1 kg or 2.2 lb
$2.08
$5.51
🥔 Potato, 1 kg or 2.2 lb
$0.77
$3.54
🧅 Onion, 1 kg or 2.2 lb
$0.73
$2.79
🌊 Water, 1 L or 1 qt
$0.42
$0.77
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.09
$2.4
🍾 Wine (mid-priced), 750 mL bottle
$9.9
$16.9
🍺 Beer, 0.5 L or 16 fl oz
$1.32
$2.04
🚬 Cigarette pack
$2.52
$3.29
💊 Cold medicince, 1 week
$6.18
$4.59
🧴 Hair Shampoo
$4.47
$5.01
🧻 Toilet paper, 4 rolls
$2.37
$2.82
👄 Toothpaste, 1 tube
$3.45
$1.79
Other
🏋️ Gym Membership, 1 month
$86.5
$50.9
🎫 Cinema Ticket, 1 person
$5.98
$10.5
👩‍⚕️ Doctor's visit
$29
$49.4
💇 Haircut, simple
$8.13
$10.3
👖 Brand Jeans
$101
$65.1
👟 Brand Sneakers
$137
$79.2
👶 Daycare or Preschool, 1 month
$352
$401
🏫 International Primary School, 1 year
$7538
$19157

Cost of living in other countries

Cost of living

Cities Comparison in Armenia vs South Korea

More countries to compare

Cost of Living in Popular cities

In Armenia

City Cost of living Population
Yerevan
$1174
1.11M
Gyumri
$727
122K
Abovyan
$1086
44.4K
Armavir
$990
38.6K
Kapan
$969
43.2K
Vanadzor
$715
90.5K
Ashtarak
$1054
21.6K
Masis
$1072
21.4K
Goris
$965
20.6K
Spitak
$851
15K

In South Korea

City Cost of living Population
Seoul
$1450
9.67M
Busan
$1152
3.45M
Incheon
$1161
2.94M
Daegu
$1091
2.38M
Daejeon
$1049
1.48M
Suwon
$1152
1.23M
Gwangju
$1153
1.49M
Ulsan
$1151
1.13M
Seongnam
$1476
919K
Yongin
$1194
1.08M
Cheongju
$984
852K
Hwaseong
$1174
941K
Changwon
$1148
1.01M
Namyangju
$1219
732K
Goyang
$1265
1.06M
Gimhae
$1036
534K
Siheung
$1359
520K
Pyeongtaek
$1213
590K
Bucheon
$1231
772K
Cheonan
$1199
657K
Pohang
$1027
504K
Jeju Island
$1162
678K
Uijeongbu
$1016
463K
Ansan
$1139
623K
Paju
$1160
498K
Jeju
$1125
492K
Gwangju
$1267
397K
Hanam
$1252
330K
Gunsan
$1073
275K
Sejong
$1091
386K