Yerevan, Armenia

Editor

Editor

March 12, 2023

Yerevan is an ideal destination for digital nomads looking for a vibrant and affordable city to explore. With its rich cultural heritage, stunning architecture, and vibrant nightlife, Yerevan is a great place to live and work. The cost of living in Yerevan is significantly lower than in other European cities, making it an attractive option for digital nomads. According to Numbeo, the cost of living in Yerevan is around 40% lower than in Prague, the capital of the Czech Republic. Additionally, Yerevan has a strong and reliable internet connection, with an average download speed of around 20 Mbps. This makes it easy for digital nomads to stay connected and work remotely. Yerevan also offers a wide range of activities and attractions, from its many museums and galleries to its lively nightlife. With its stunning natural beauty, vibrant culture, and affordable cost of living, Yerevan is an ideal destination for digital nomads.

Living in Yerevan, Armenia: Overview

Overall score | Worksplorer index

  • 76%

    Quality of life
  • 35%

    Cost of living
  • 89%

    Connectivity
  • 63%

    Weather

54

General

CurrencyAMD
Population (in millions)1.2
Quality of life (world rank from 1 to 200)145
Cost of living compared to Chicago, USA40% cheaper
Best neighborhood to stayAjapnyak, Arabkir
Culture

Number of museums and galleries30
Top selling local beerKotayk
Most popular local dishKhashlama
Travel

Most popular tourist attraction(s)Republic Square, Matenadaran, Cascade Complex
Discount airlineWizzair
Major airlineArmenia Air
Largest ride sharing companyYandex Taxi
Primary train stationsYerevan Railway Station, Sasuntsi Davit Station, Zvartnots Station
Primary airportsZvartnots, Shirak, Gyumri
Best rental car companyHertz
Used car costs150000 AMD
Connectivity

Apple store addresses Yerevan Mall, Yerevan, Armenia
Internet connection (in Mbps)20 Mbps
Power socket typeC,F
Supply voltage 220V
Best electronics storeTechnoMarket
Best internet carrierVivaCell
Primary cellular carrierVivaCell
Average monthly cost for internet800 AMD
Shopping

The best drug storePharmacy
Best restaurant chainYerevani
The best grocery storeYerevan Market
The most popular fashion brandH&M
Regulatory

GDP per capita$3,845 / year
Average annual income$7000
Sales tax rate20%
Income tax rate20%
Tourist visa valid (in days)30
Financial

Average mortgage rate8.5%
Suggested ATM take out5000 AMD
Bank that has the most ATM machinesAmeriabank
Average tip in restaurant15%
Pay using credit or debit cardNot very common
Health

Emergency Phone Numbers911 (general), 102 (police), 103 (ambulance), 101 (firefighters)
Polution per square meter2,845
Health quality rank (according to WHO) 83
Main religionArmenian
Quality of life

76%

  • 78%

    Safety, freedom, rights
  • 99%

    Traffic
  • 137%

    Property to income
  • 22%

    Crime
  • 56%

    Healthcare
  • 63%

    Weather
Salaries

Average Monthly Net Salary (After Tax)AMD 212,900
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate12.32%
Childcare

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 ChildAMD 113,824
International Primary School, Yearly for 1 ChildAMD 3,165,077
Cost of living

35%

  • Purchasing Power

    25%

     

     

  • Rent

    26%

     

     

  • Food

    37%

     

     

  • Restaurant

    38%

     

     

  • Workspace

    59%

     

     

  • Transport

    31%

     

     

Rent

Apartment (1 bedroom) in City Centre Per MonthAMD 404,437.41
Apartment (1 bedroom) Outside of Centre Per MonthAMD 277,852.53
Apartment (3 bedrooms) in City Centre Per MonthAMD 669,536.68
Apartment (3 bedrooms) Outside of Centre Per MonthAMD 420,952.05
Tennis Court Rent (1 Hour on Weekend), Sports And LeisureAMD 6,083.33
Food

Milk (regular), (1 liter)AMD 566.44
Loaf of Fresh White Bread (500g)AMD 277.59
Eggs (regular) (12)AMD 899.40
Local Cheese (1kg)AMD 3,000.27
Water (1.5 liter bottle)AMD 250.31
Bottle of Wine (Mid-Range)AMD 3,500.00
Domestic Beer (0.5 liter bottle)AMD 495.81
Imported Beer (0.33 liter bottle)AMD 727.20
Cigarettes 20 Pack (Marlboro)AMD 890.00
Chicken Fillets (1kg)AMD 2,713.61
Apples (1kg)AMD 487.65
Oranges (1kg)AMD 673.04
Potato (1kg)AMD 319.68
Lettuce (1 head)AMD 249.05
Rice (white), (1kg)AMD 912.13
Tomato (1kg)AMD 832.07
Banana (1kg)AMD 698.64
Onion (1kg)AMD 291.36
Beef Round (1kg) (or Equivalent Back Leg Red Meat)AMD 4,323.70
Restaurants

Meal, Inexpensive RestaurantAMD 3,080.00
Meal for 2 People, Mid-range Restaurant, Three-courseAMD 16,000.00
McMeal at McDonalds (or Equivalent Combo Meal)AMD 2,714.07
Domestic Beer (0.5 liter draught)AMD 600.00
Imported Beer (0.33 liter bottle)AMD 900.00
Coke/Pepsi (0.33 liter bottle)AMD 410.87
Water (0.33 liter bottle) AMD 204.86
Cappuccino (regular)AMD 1,216.14
Connectivity

94%

Infrastructure

89/100

Internet speed

92/100

Internet cost

95/100

Pre-paid plan

98/100

Utilities (Monthly)

Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 ApartmentAMD 43,255.79
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)AMD 22.79
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)AMD 7,510.26
Sports

Fitness Club, Monthly Fee for 1 AdultAMD 29,553.76
Tennis Court Rent (1 Hour on Weekend)AMD 6,083.33
Cinema, International Release, 1 SeatAMD 2,500.00
Transportation

One-way Ticket (Local Transport)AMD 100.00
Monthly Pass (Regular Price)AMD 4,173.91
Gasoline (1 liter)AMD 518.98
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)AMD 10,000,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)AMD 11,771,754.00
Taxi Start (Normal Tariff)AMD 600.00
Taxi 1km (Normal Tariff)AMD 100.00
Taxi 1hour Waiting (Normal Tariff)AMD 1,200.00