🇦🇲 Armenia · #367 of 538 cities · 2026

Cost of Living in Yerevan

Affordable — cheaper than 31.8% of cities worldwide

Ranked #367 of 538 cities · More expensive than 31.8% of cities worldwide

Affordable
Cost of Living
Very affordable
Rent
Affordable
Groceries
Weak
Purchasing Power

Lower index = more affordable

Rent Prices

Rent Prices in Yerevan

Apartment City Centre Outside Centre You Save
1-Bedroom AMD 172,661/mo ≈ $469 AMD 129,496/mo ≈ $352 25%
3-Bedroom AMD 300,408/mo ≈ $816 AMD 225,306/mo ≈ $612 25%
Estimated from rent index. Actual prices vary. · 2026

Cost Indices

Cost of Living
41.6 Affordable
Rent
15.7 Very affordable
Groceries
36.5 Affordable
Restaurants
41.8 Affordable
Purchasing Power
41.0 Weak

Living in Yerevan: What to Expect

Yerevan is affordable by global standards (ranked #367 of 538 cities), cheaper than 31.8% of cities worldwide.

Groceries are affordable, while dining out is affordable. Rent offers the best value, while Restaurants is the priciest.

Local purchasing power is limited — residents can afford fewer goods and services than in most cities.

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