Cost of living comparison
Armenia is 68.7% cheaper than Monaco.
If you lived in Armenia instead of Monaco, you would:
pay 74.3% less for restaurants
|
Monaco
|
Armenia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$40.07
€37.10
|
$7.69
AMD2,980.79
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.16
€10.34
|
$6.91
AMD2,680.07
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$5.85
€5.42
|
$0.90
AMD349.43
|
|
| Bottle of water (11 fl. oz) |
$7.58
€7.01
|
$0.49
AMD188.30
|
|
pay 65.8% less for groceries
|
Monaco
|
Armenia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$5.05
€4.68
|
$0.65
AMD250.54
|
|
| Local cheese (8 oz) |
$10.83
€10.03
|
$3.73
AMD1,445.14
|
|
| Milk (1 gallon) |
$8.71
€8.07
|
$5.47
AMD2,123.11
|
|
|
Eggs
1 dozen
|
$4.52
€4.19
|
$2.11
AMD817.79
|
|
| Boneless chicken breast (1 lb) |
$6.49
€6.01
|
$3.10
AMD1,202.10
|
|
| Apples (1 lb) |
$1.88
€1.74
|
$0.52
AMD202.31
|
|
| Bananas (1 lb) |
$2.25
€2.08
|
$0.81
AMD314.75
|
|
| Oranges (1 lb) |
$1.66
€1.54
|
$0.73
AMD282.54
|
|
| Tomatoes (1 lb) |
$2.46
€2.28
|
$0.76
AMD294.14
|
|
| Potatoes (1 lb) |
$1.71
€1.58
|
$0.30
AMD117.41
|
|
| Onions (1 lb) |
$1.78
€1.64
|
$0.28
AMD108.36
|
|
pay 57.1% less for transportation
|
Monaco
|
Armenia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.77
€8.12
|
$4.74
AMD1,840.01
|
|
| Monthly public transit pass |
$30.05
€27.83
|
$12.96
AMD5,024.61
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$49,675.27
€45,993.04
|
$29,372.79
AMD11,391,366.37
|
|
| Taxi trip in downtown area (5 miles) |
$21.66
€20.05
|
$3.33
AMD1,292.84
|
|
pay 81.7% less for housing
|
Monaco
|
Armenia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$88.99
€82.39
|
$20.16
AMD7,816.82
|
|
| 1-Bedroom apartment in downtown area |
$6,575.69
€6,088.26
|
$519.26
AMD201,379.41
|
|
| 1-Bedroom apartment outside city center |
$4,417.00
€4,089.59
|
$429.13
AMD166,426.45
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$269.58
€249.60
|
$89.11
AMD34,560.51
|
|
pay 81.8% less for childcare
|
Monaco
|
Armenia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$2,788.69
€2,581.98
|
$232.04
AMD89,989.28
|
|
| Middle school for 1 child, two semesters |
$29,714.46
€27,511.85
|
$8,339.63
AMD3,234,277.28
|
|
pay 72.5% less for entertainment and sports
|
Monaco
|
Armenia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$8.93
€8.27
|
$1.64
AMD636.39
|
|
| Cappuccino in mid-range area |
$4.85
€4.49
|
$2.52
AMD977.11
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.18
€11.28
|
$2.59
AMD1,005.20
|
|
| Monthly membership at local gym |
$517.80
€479.42
|
$45.58
AMD17,676.30
|
|
| Movie ticket to theater/cinema |
$15.16
€14.04
|
$5.61
AMD2,176.77
|
|
pay 47.9% less for clothing
|
Monaco
|
Armenia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$156.40
€144.81
|
$75.77
AMD29,386.70
|
|
|
Regular dress
from H&M or similar store
|
$65.34
€60.50
|
$54.33
AMD21,068.70
|
|
|
Running shoes
Nike or Adidas
|
$188.26
€174.30
|
$106.04
AMD41,123.78
|
|
| Men's business shoes (leather) |
$451.61
€418.13
|
$93.12
AMD36,114.99
|
|
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