Cost of living in Armenia

Armstat — Integrated Living Conditions Survey (ILCS) 2024, average monthly per-capita consumption expenditures, urban communities

Curated by SettleMetric

Data as of

Dec 31, 2024

Verified

Jul 4, 2026

Method

Armstat ILCS 2024 average monthly per-capita consumption expenditure, urban communities = 66,245 AMD (Table 3.5/3.6, 'Household Income, Expenditures, and Basic Food Consumption', poverty_2025_en_3.pdf). The urban basis is used because Yerevan is fully urban. The Armenian ILCS consumption basket contains NO rent line (housing appears only as Utilities 10,646 AMD; owner-occupancy dominates and paid rent is not captured), so the figure already excludes rent — no subtraction needed. CPI-uplifted from 2024 to mid-2026 by ×1.045 (Armenia inflation ≈0.3% in 2024, ≈2.7–3.9% through 2025, 3% CBA target for 2026) → 69,226 AMD → $187 at 369.34 AMD/USD. FX from data/fx-rates.json: 421.01 AMD/EUR ÷ 1.1399 USD/EUR = 369.34 AMD/USD (CBA/ECB 2026-07-03).

Notes

Per-capita ILCS basis (one adult's non-rent consumption), not a separate one-person-household survey (Armstat does not publish the latter for a single-person basket). National per-capita total is 60,941 AMD; the urban figure (66,245 AMD) is used as the Yerevan-relevant basis. Numbeo/Expatistan (forbidden) were not used.

Triangulation: Armstat State Cadastre average Yerevan apartment value (426,800 AMD/m², 2024) × region-cited citywide gross rental yield (≈7.8%), cross-checked against Yerevan market reporting (Armenian Mirror-Spectator, agent-quoted)

Curated by SettleMetric

Data as of

Mar 31, 2025

Verified

Jul 4, 2026

Method

Armenia's cadastre registers rental transaction COUNTS but not prices (Armstat 'Housing stock and communal economy 2024'), and Numbeo/Expatistan are forbidden, so a city-average is triangulated. (A) Official yield method: 45 m² × 426,800 AMD/m² (Armstat State Cadastre citywide average apartment value, 2024) × 7.8% gross rental yield ÷ 12 = ~124,800 AMD/mo (~$338), a citywide figure dragged down by cheap outer districts. (B) Market report (Armenian Mirror-Spectator, Mar 2025, quoting a Yerevan letting agent): 130,000–140,000 AMD ($331–356) 'the norm' for basic apartments; tiny 1-room ~110,000 AMD ($298); standard 2-room Arabkir ~250,000 AMD ($637). A standard (not center-luxury, not dormitory) 1-bedroom sits mid-band → 150,000 AMD/mo → $406 at 369.34 AMD/USD (FX from data/fx-rates.json: 421.01 AMD/EUR ÷ 1.1399 USD/EUR).

Notes

Yerevan city-average asking rent for a standard 1-bedroom; central Kentron asking runs materially higher (city-center 1-brs commonly $550–900+), outer districts lower. Curated market estimate, not an official price (Armenia publishes no official rent price series). Rents post-2022 are volatile; re-verify from List.am/MyRealty.am aggregates or an updated market report next cycle. Numbeo/Expatistan not used.

Nairi Insurance voluntary health insurance package (with-inpatient), as published by Repat Armenia

Curated by SettleMetric

Data as of

Jul 4, 2026

Verified

Jul 4, 2026

Method

Nairi Insurance voluntary health insurance (VHI): 130,000 AMD/year per adult under 65 (family of 3+ discounted 30% to 91,000 AMD), coverage limit 7,000,000 AMD. Comprehensive with-inpatient package — covers outpatient care, doctor consultations, tests, hospitalization, surgery, chronic-disease monitoring, plus dental and (after a 9-month wait) pregnancy. 130,000 AMD ÷ 369.34 AMD/USD = $352/year (FX from data/fx-rates.json: 421.01 AMD/EUR ÷ 1.1399 USD/EUR, CBA/ECB 2026-07-03).

Notes

Comparable to the other countries' comprehensive (with-inpatient) basis. Private VHI is optional; Armenia is phasing in a mandatory Universal Health Insurance system (2026). This is a specific published individual premium (Nairi via Repat Armenia), not a market median — other insurers (Rosgosstrakh-Armenia, SIL, INGO, RESO, Armenia Insurance) quote on request. Pre-existing conditions are excluded and waiting periods apply. Insurers supervised by the Central Bank of Armenia.