Have you ever considered calling Armenia your home?
Armenia is considered an ancient country with a lot of history.
It was one of the first countries to adopt Christianity.
Armenia is located between Europe and Asia and has a lot to offer to those who live here and are considering moving here.
But what about the cost of living?
If you’re worried that Armenia will not suit your budget, this guide will list several towns that offer affordable living.
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10 of the Cheapest Places to Live in Armenia
1. Yerevan
First on the list for offering affordable living in Armenia is Yerevan.
Not only is Yerevan affordable to live in, but it’s also the capital of Armenia.
The town is full of history.
You’ll find thousands of Armenian and Greek manuscripts on the main avenue.
For one person, the average cost of living with rent is $1,187 per month.
The average cost of living for a family of four in the city is around $2,651 per month.
Rent by itself can start around $702 but be as much as $1,164 per month.
There’s a lot to enjoy in Yerevan.
For instance, you can check out the ARARAT Museum, Yerevan Park, or Vernissage, a handicraft fair.
2. Gyumri
Next up is Gyumri. Gyumri is the second-largest city in Armenia and is known for being an urban municipal community.
It is mostly known for being a cultural hub with a lot of history.
If you’re looking for a cheap place to live in Armenia, Gyumri may be the perfect place.
Gyumri’s cost of living is within the top 17% of the cheapest cities in the world.
The average cost of living in the city for one person is around $597.
A family of four costs around $1,386 per month.
Rent, on the other hand, can range anywhere from $272 to $393 per month.
But what about entertainment? Gyumri offers plenty of attractions for the entire family to enjoy.
Check out the Black Fortress, The Gallery of Mariam and Eranuhi Aslamazyan Sisters, and the Museum of Illusions.
3. Vanadzor
Known for being the third-largest city in Armenia and also one of the cheapest, is Vanadzor.
Vanadzor was formerly known as Kirovakan.
It is located about 128 kilometers from the capital city, Yerevan.
Vanadzor offers plenty of affordable living options concerning housing.
One individual costs around $690 per month, including rent.
A larger family would cost around $1,663 per month. Rent and utilities may range anywhere between $334 to $517 per month.
Vanadzor is known for having several popular attractions, including Tairov’s House, Vanadzor Museum of Fine Arts, and Boo Mountain Bike Park.
4. Abovyan
Located just 10 miles northeast of Yerevan is Abovyan.
There’s a lot to love about Abovyan besides the fact that it’s one of the cheapest places to live in Armenia.
The town was discovered in 1963 and was named after Khachatur Abovyan, an Armenian writer.
The cost of living in Abovyan is something to consider.
One person costs around $968 per month with rent, while a family of four costs around $2,290 per month.
Rent can range anywhere from $510 to $878 per month by itself.
There’s a lot to do in Abovyan, whether you enjoy the indoors or outdoors.
Check out Canyon Park Resort, Mount Hatis, or Shangri La, a well-known casino in the city.
5. Kapan
Kapan is also worth considering if you’re looking for affordable places to live in Armenia.
Kapan is located in the southeastern part of the country.
An interesting fact about Kapan is that it has the largest area of forests in the entire country.
So, if you love nature, you’re in for a real treat.
For one person, you’ll typically pay around $878 per month for living expenses including rent.
A family of four, on the other hand, costs around $2,117 per month.
Rent may range from $426 to $717 per month.
There are many things to do in Kapan, such as Republic Square, Mount Khustup, and Halidozor Fortress.
6. Armavir
Located in the western part of Armenia is Armavir.
It currently serves as the administrative center of Armavir Province and is also known for offering affordable living.
It is still a young town, but one that is developing rather quickly.
So, just how cheap is it to live in Armavir?
For one person, the average cost of living is $861 per month.
A family of four pays around $2,071 per month, including rent.
Rent alone may range anywhere between $410 and $713 per month.
There are many things to do in the city of Armavir.
For instance, if you love wine, consider visiting Karas Wines or Aratashen Winery.
There are also plenty of historical landmarks and monuments to check out, in addition to museums and lakes.
7. Ashtarak
Ashtarak is a city located within the Ashtarak Municipality of the Aragatsotn Province of Armenia.
It is also situated along the Kasagh Rivera and about 20 km from Yerevan, the capital of Armenia.
Of course, Ashtarak made the list due to its affordability.
On average, one person pays around $691 per month including rent to live in Ashtarak.
A family of four pays around $1,881 per month to live in the city.
Rent, alone, can range anywhere from $244 to $502 per month.
There are several attractions worth checking out in Ashtarak.
Consider visiting The Amberd Fortress, Armenia Wine Company, or the Ashtarak Bridge.
8. Masis
Next on the list for offering affordable living in Armenia is Masis.
Masis is a village located in the Artashat Municipality within the Ararat Province of Armenia.
There are more than 21,000 people currently living in Masis.
It is mostly known for being one of the closest settlements to Little Ararat and Mount Ararat.
For one person living in Masis, the monthly cost of living is around $990 per month.
A family of four typically pays around $2,293 per month.
Rent and utilities can cost around $541 per month, but can also be as much as $907 a month.
For those wondering what there is to do in Masis for entertainment, check out NOA Wine Tours and Tastings, Ancient Ruins Castle, or Teishebaini.
9. Goris
Goris, Armenia is next on the list for offering affordable living in the country.
Goris is known for being one of the most critical cultural and historical sites in the country.
It is often referred to as the cultural center of Syunik.
Because of this, it is known as being a popular tourist attraction.
On average, the cost of living in Goris for one person is around $884 per month, including rent.
It also happens to be within the top 35% of the cheapest cities in the world.
A family of four pays around $2,122 per month.
Rent, alone, can range from $431 to $721 per month.
Do you love hiking? If so, consider visiting Old Khndzoresk.
You can also check out Khndzoresk Swinging Bridge, and Medieval Goris Cave Dwellings if you’re looking for entertainment in the city.
10. Spitak
Finally, Spitak is last on the list for offering affordable living in Armenia.
It is located in the northern region of the Lori Province of Armenia.
It is also located just 96 km from Yerevan.
Just about 15,000 people live in Spitak.
The cost of living in Spitak can range from $778 for one person to $1,889 for a larger family.
These amounts do include rent.
But, if you’re wondering what rent costs on its own, you may pay anywhere from $331 to $513 per month.
Concerning entertainment, consider checking out the Museum Section Of Spitak City Library, Spitak House of Culture, and BeeLife.
Armenia Safety Overview
READ THE FULL REPORT: Armenia Safety Review
Safety Index:
- OVERALL RISK: LOW
- TRANSPORT & TAXIS RISK: MEDIUM
- PICKPOCKETS RISK: MEDIUM
- NATURAL DISASTERS RISK: MEDIUM
- MUGGING RISK: LOW
- TERRORISM RISK: LOW
- SCAMS RISK: MEDIUM
- WOMEN TRAVELERS RISK: LOW
Frequently Asked Questions
What is the average cost of living in Armenia?
The average cost of living in Armenia is $1,067 per month.
It’s slightly more expensive than the world’s average.
However, Armenia ranked 80th as the best country to live in.
Is Armenia cheaper to live in than the U.S.?
Despite being one of the most expensive countries to live in, Armenia is still 48% cheaper than the cost of living in the United States.
In addition, Armenia is cheaper compared to Russia and other European countries.
What is the average rent paid in Armenia?
Rent in Armenia can range anywhere from $200 to $500 per month.
The average rent in Armenia is 54.3% lower than rent in the United States.
