Armenia vs South Korea - Cost of Living Comparison

ArmeniaSouth Korea
🚶 Cost of living One person
$592
$1154
👨‍👩‍👧‍👦 Cost of living Family
$1443
$3048
🏠 One person rent
$287
$494
🏘️ Family rent
$523
$975
🍽️ Food Expenses
$210
$453
🚐 Transport Expenses
$27.5
$112
💳 Monthly salary after tax
$372
$2190
💸 GDP per capita
$4267
$31489
😃 Human freedom index
7.44
8.13
❤️ Life expectancy
75.1
83.2
👮 Corruption perceptions index
49
61
🏙️ Population
2.93M
51.5M

The average cost of living in Armenia ($592) is 49% less expensive than in South Korea ($1154). Armenia ranked 149th vs 48th 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 0.6 months in Armenia compared to 1.9 months in South Korea. Ranked 75th and 7th best countries to live in the world.

Cost of living in Armenia vs South Korea infographic

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Prices in Armenia vs South Korea

ArmeniaSouth Korea
Eating Out
🍱 Lunch Menu
$5.12
$6.06
🥂 Dinner in a Restaurant, for 2
$26.7
$30.5
🥪 Fast food meal, equiv. McDonald's
$4.7
$5.31
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.14
$3.27
☕ Cappuccino
$1.83
$3.84
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.62
$1.37
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$341
$516
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$197
$350
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$704
$1109
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$372
$745
🔌 Utility Bill one person, electricity, heating, water, etc.
$43.7
$87.1
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$67.5
$134
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$17.3
$23.5
🏦 Mortgage Interest Rate for 20 Years
11.96%
3.3%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1581
$7397
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$835
$5235
Transportation
🚌 Local transport ticket
$0.2
$1.14
🎟️ Monthly ticket local transport
$13.4
$47.2
🚕 Taxi Ride, 8 km or 5 mi
$2.76
$11.1
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.81
$1.32
Groceries
🥛 Milk, 1 L or 1 qt
$0.89
$2.04
🍞 Bread, 0.5 kg or 1.1 lb
$0.46
$2.41
🍚 Rice, 1 kg or 2.2 lb
$1.3
$3.45
🥚 Eggs, x12
$1.63
$3.05
🧀 Cheese, 1 kg or 2.2 lb
$4.5
$14.9
🐔 Chicken Breast, 1 kg or 2.2 lb
$4.35
$9.96
🥩 Round Steak, 1 kg or 2.2 lb
$6.85
$26.9
🍏 Apples, 1 kg or 2.2 lb
$0.93
$6.22
🍌 Banana, 1 kg or 2.2 lb
$1.35
$3.64
🍊 Oranges, 1 kg or 2.2 lb
$1.36
$4.44
🍅 Tomato, 1 kg or 2.2 lb
$1.1
$5.16
🥔 Potato, 1 kg or 2.2 lb
$0.45
$3.21
🧅 Onion, 1 kg or 2.2 lb
$0.55
$2.52
🌊 Water, 1 L or 1 qt
$0.32
$0.72
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.25
$2.45
🍾 Wine (mid-priced), 750 mL bottle
$5.7
$14.7
🍺 Beer, 0.5 L or 16 fl oz
$0.9
$2.08
🚬 Cigarette pack
$1.51
$3.82
💊 Cold medicince, 1 week
$5.99
$5.72
🧴 Hair Shampoo
$2.69
$5.81
🧻 Toilet paper, 4 rolls
$1.18
$2.92
👄 Toothpaste, 1 tube
$1.54
$2.09
Other
🏋️ Gym Membership, 1 month
$47.1
$46.5
🎫 Cinema Ticket, 1 person
$4.48
$9.19
👩‍⚕️ Doctor's visit
$13.3
$26.8
💇 Haircut, simple
$2.8
$10.5
👖 Brand Jeans
$52.1
$61.9
👟 Brand Sneakers
$82.7
$82.1
👶 Daycare or Preschool, 1 month
$123
$389
🏫 International Primary School, 1 year
$3982
$21268

Cities Comparison in Armenia vs South Korea

More countries to compare

Cost of Living in Popular cities

In Armenia

CityCost of livingPopulation
Yerevan
$617
1.08M
Vanadzor
$566
90.5K
Gyumri
$491
122K
Abovyan
$556
44.4K
Kapan
$513
43.2K
Armavir
$511
38.6K
Ashtarak
$596
21.6K
Masis
$564
21.4K
Goris
$512
20.6K
Spitak
$512
15K

In South Korea

CityCost of livingPopulation
Seoul
$1564
9.67M
Busan
$1148
3.45M
Incheon
$1116
2.91M
Daegu
$1056
2.46M
Gwangju
$988
1.49M
Daejeon
$1068
1.48M
Ulsan
$1172
1.17M
Changwon
$1032
1.05M
Suwon
$1072
1.23M
Goyang
$1080
1.06M
Yongin
$1073
971K
Seongnam
$1161
949K
Bucheon
$1241
868K
Cheongju
$1000
833K
Jeju Island
$1046
696K
Pohang
$882
520K
Hwaseong
$1042
655K
Cheonan
$1114
652K
Ansan
$826
653K
Namyangju
$1040
629K
Jeju
$1273
435K
Anyang
$1234
573K
Jeonju
$774
653K
Gimhae
$970
534K
Pyeongtaek
$931
458K
Masan
$1017
430K
Siheung
$1019
425K
Uijeongbu
$1056
422K
Paju
$1016
415K
Gumi
$1005
421K