Numbeo: Cost of living in Yerevan is higher than in Moscow

According to Numbeo.com, the cost of living in Yerevan in 2023 was the highest compared to neighboring countries. Prices in Yerevan are higher than even in Moscow.

“You would need around 3,244.4$ (1,315,159.6AMD) in Yerevan to maintain the same standard of life that you can have with 2,944.5$ (260,000.0RUB) in Moscow (assuming you rent in both cities),” the website writes. “Consumer prices in Yerevan are 13.7% higher than in Moscow (without rent). Consumer prices including rent in Yerevan are 10.2% higher than in Moscow. Rent prices in Yerevan are 3.6% higher than in Moscow. Restaurant prices in Yerevan are 20.6% higher than in Moscow. Groceries prices in Yerevan are 15.8% higher than in Moscow. Local purchasing power in Yerevan is 57.3% lower than in Moscow.”