Moving to Armenia from Iceland

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What to Expect

Considering a move from Iceland to Armenia? Here's how the two compare on cost, climate, safety, and more.

If you moved from Iceland to Armenia, you would find that Armenia is 54.7% cheaper than Iceland overall. A ISK9,423,000 salary in Iceland would need to be roughly AMD11,044,246 in Armenia to maintain the same lifestyle, and you’d need to navigate life in Armenian. Expect a noticeable climate shift — Yerevan averages 65°F vs 45°F in Reykjavik, making it significantly warmer.

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How Far Will Your Money Go?

A breakdown of how everyday costs differ between Iceland and Armenia.

What does your salary buy?

ISK9,423,000 AMD11,044,246

To maintain the same standard of living in Armenia

Calculate with your salary →

How key spending categories compare

Restaurants

pay 69.1% less

Groceries

pay 59.8% less

Transportation

pay 59.5% less

Housing

pay 55.7% less

Childcare

pay 45.5% less

Entertainment and Sports

pay 62.7% less

See full cost of living breakdown
Exchange rate: 1 ISK = 2.92 AMD (July 2026)

Data: MyLifeElsewhere's crowdsourced cost of living database, with prices submitted and updated by users worldwide. Exchange rates are refreshed regularly from public sources.

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Key Indicator Comparison

The numbers behind daily life in Armenia compared to Iceland.

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

IS
1.1
AM
2.2
Road traffic deaths United Nations SDG Indicators, 2021

per 100,000 people per year

IS
2.4
AM
13.6

Iceland performs better than Armenia across all safety metrics.

How's the healthcare?

Healthcare spending per person World Bank, 2024

annual government + private spending per person

IS
$6,927
AM
$2,033
Doctors per 10,000 people United Nations SDG Indicators, 2022

affects wait times and access to care

IS
45.2
AM
31.2

Armenia generally does better on health & wellbeing, though Iceland leads in doctors per 10,000 people.

What about the environment?

Air pollution deaths United Nations SDG Indicators, 2019

deaths attributable to air pollution per 100k people

IS
8.0
AM
70.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

IS
8.5t
AM
2.5t

Iceland generally does better on environment, though Armenia leads in co₂ emissions per capita.

Will I have good infrastructure?

Broadband per 100 people United Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

IS
38.2
AM
18.4
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

IS
0.4%
AM
59.9%

Iceland performs better than Armenia across all infrastructure metrics.

What are the job prospects?

Unemployment rate The World Factbook, 2023

percentage of the labour force without work

IS
3.6%
AM
8.6%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

IS
$66,500
AM
$20,800

Iceland generally does better on employment & economy, though Armenia leads in top income tax rate.

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

IS
83.6 yrs
AM
76.1 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

IS
1.6
AM
12.2

Iceland performs better than Armenia across all family life metrics.

Data: Directorate of Internal Revenue, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

Reykjavik Rain: 31.4 in/yr (798 mm)
45° / 35°F

Avg. annual high / low

Yerevan Rain: 10.9 in/yr (277 mm)
65° / 42°F

Avg. annual high / low

Months Reykjavik Yerevan
Jan–Mar 37°/28°F (3°/-2°C) 42°/24°F (5°/-5°C)
Apr–Jun 48°/38°F (9°/4°C) 75°/50°F (24°/10°C)
Jul–Sep 54°/45°F (12°/7°C) 88°/60°F (31°/15°C)
Oct–Dec 39°/31°F (4°/-1°C) 54°/35°F (12°/1°C)
View all months
Month Reykjavik Yerevan
Jan 35°/27°F (1.9°/-3.0°C) 34°/18°F (1.0°/-8.0°C)
Feb 37°/28°F (2.8°/-2.1°C) 39°/21°F (4.0°/-6.0°C)
Mar 38°/28°F (3.2°/-2.0°C) 52°/32°F (11.0°/0.0°C)
Apr 42°/33°F (5.7°/0.4°C) 66°/43°F (19.0°/6.0°C)
May 49°/38°F (9.4°/3.6°C) 75°/50°F (24.0°/10.0°C)
Jun 53°/44°F (11.7°/6.7°C) 84°/57°F (29.0°/14.0°C)
Jul 56°/47°F (13.3°/8.3°C) 91°/63°F (33.0°/17.0°C)
Aug 55°/46°F (13.0°/7.9°C) 90°/63°F (32.0°/17.0°C)
Sep 50°/41°F (10.1°/5.0°C) 82°/54°F (28.0°/12.0°C)
Oct 44°/36°F (6.8°/2.2°C) 70°/45°F (21.0°/7.0°C)
Nov 38°/30°F (3.4°/-1.3°C) 54°/34°F (12.0°/1.0°C)
Dec 36°/27°F (2.2°/-2.8°C) 39°/25°F (4.0°/-4.0°C)

Data: Icelandic Meteorological Office Icelandic Meteorological Office

Visitor Visa Requirements

Short-stay tourist visa rules between Iceland and Armenia. To live, work, or study long-term in Armenia, you'll need a separate residence or work visa — check Armenia's immigration authority.

Iceland passport

Iceland passport holder visiting Armenia

Visa Free
Iceland passport holders can enter Armenia without a visa.
Armenia passport

Armenia passport holder visiting Iceland

Visa Required
Armenia passport holders need a visa to enter Iceland.

Data: Henley Passport Index. Check with the destination country's embassy for the most current requirements.

Frequently Asked Questions

Is it cheaper to live in Armenia than Iceland?

On average Armenia is about 60% less expensive than Iceland, with major cities narrowing the gap.

How much money do I need to move to Armenia?

Budget about AMD2,761,062 for 3 months in Armenia (based on a ISK9,423,000 comparable annual salary), then add the one-off costs: flights, shipping, a rental deposit, and visa fees.

Can I work remotely from Armenia?

Connectivity is usually fine (Armenia: 18.4 fixed broadband per 100). What actually decides it is legal: does Armenia offer a digital nomad visa, will your employer permit overseas work, and where are you tax-resident?

Is Armenia safe for expats?

Iceland performs better than Armenia across all safety metrics. The homicide rate in Armenia is 2.2 per 100,000 people, compared to 1.1 in Iceland.

How is healthcare in Armenia compared to Iceland?

Armenia generally does better on health & wellbeing, though Iceland leads in doctors per 10,000 people. There are 31.2 doctors per 10,000 people in Armenia, compared to 45.2 in Iceland. Armenia scores 68 on the WHO universal health coverage index (Iceland: 89).

What's the weather like in Armenia compared to Iceland?

The average high temperature in Yerevan is 65°F, compared to 45°F in Reykjavik. Yerevan receives around 10.9 in of rainfall per year, while Reykjavik gets 31.4 in.

What language do they speak in Armenia?

The official language in Armenia is Armenian. In Iceland, the official language is Icelandic.

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At a Glance

IS AM
Population 357,603 3,000,756
Currency Icelandic Króna (ISK) Armenian Dram (AMD)
Languages Icelandic Armenian
Driving side Right Right
Calling code +354 +374
Time zones 1 1
Emergency number 112