Last update: Oct 2026

Cost of Living Comparison Between Peniche and Yerevan

For one person, living is cheaper in Yerevan: $1,570 a month against $1,834 in Peniche, rent and utilities included – about $3,200 less a year. Higher rent and utilities in Peniche outweigh lower spending on other living expenses.

88

Cost of Living Index in Peniche
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Peniche Living Index
76

Cost of Living Index in Yerevan
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Yerevan Living Index

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Peniche

🇵🇹 Portugal

$1,834

/mo nomad

Yerevan

🇦🇲 Armenia

$1,570

/mo nomad

Monthly Cost of Living

How much you'll spend in Peniche and in Yerevan

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Peniche and in Yerevan actually costs, broken down by who's living it.

A single person spends $1,834 per month in Peniche vs $1,570 in Yerevan, rent included.

Peniche $1,834
Yerevan $1,570

A couple spends around $2,700 per month in Peniche vs $2,272 in Yerevan, rent included.

Peniche $2,700
Yerevan $2,272

A family of three spends $3,566 per month in Peniche vs $2,974 in Yerevan, rent included.

Peniche $3,566
Yerevan $2,974

Peniche costs about 17% more than Yerevan, and outside of rent the biggest gap is in utilities.

Both Peniche and Yerevan sit above the global median – Peniche by 35%, Yerevan by 15%.

Meal at Budget Restaurant

$15.82 €14.22

$11.24 ֏4,053

40.75%

Three-Course Dinner for Two, Mid-Range

$44.87 €40.31

$49.35 ֏17.8K

-9.08%

Fast Food Meal (McDonalds, etc)

$9.29 €8.35

$9.93 ֏3,578

-6.45%

Cappuccino

$1.66 €1.49

$3.70 ֏1,335

-55.14%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.49 €1.34

$1.19 ֏429

25.21%

Water (0.33 liter bottle)

$1.48 €1.33

$0.66 ֏236

124.24%

Local Beer (0.5 liter draught)

$2.77 €2.49

$2.70 ֏975

2.59%

Imported Beer (0.33 liter bottle)

$2.23 €2.00

$3.30 ֏1,190

-32.42%

Milk (1 liter)

$1.30 €1.17

$1.60 ֏575

-18.75%

White Bread (500g)

$1.65 €1.48

$0.98 ֏353

68.37%

Rice (white) (1kg)

$0.93 €0.83

$2.24 ֏806

-58.48%

Eggs

$2.42 €2.18

$2.75 ֏990

-12.00%

Local Cheese (1kg)

$11.04 €9.92

$8.35 ֏3,011

32.22%

Chicken Fillets (1kg)

$7.01 €6.29

$7.64 ֏2,752

-8.25%

Beef Round Steak (1kg)

$15.48 €13.91

$14.04 ֏5,060

10.26%

Apples (1kg)

$1.09 €0.98

$1.48 ֏533

-26.35%

Banana (1kg)

$1.10 €0.99

$1.75 ֏629

-37.14%

Oranges (1kg)

$2.27 €2.04

$1.93 ֏697

17.62%

Tomato (1kg)

$2.24 €2.02

$2.50 ֏900

-10.40%

Potato (1kg)

$1.01 €0.91

$0.73 ֏263

38.36%

Onion (1kg)

$2.34 €2.10

$0.68 ֏247

244.12%

Lettuce (1 head)

$1.15 €1.03

$0.98 ֏353

17.35%

Water (1.5 liter bottle)

$0.92 €0.83

$0.74 ֏268

24.32%

Cigarettes 20 Pack (Marlboro, Camel)

$5.79 €5.20

$2.79 ֏1,007

107.53%

Wine (Bottle)

$5.64 €5.07

$9.53 ֏3,435

-40.82%

Local Beer (0.5 liter bottle)

$0.98 €0.88

$1.51 ֏545

-35.10%

Imported Beer (0.33 liter bottle)

$1.63 €1.47

$2.04 ֏736

-20.10%

One-way Ticket (Public Transport)

$2.25 €2.02

$0.44 ֏158

411.36%

Public Transport Monthly Pass (Regular Price)

$25.12 ֏9,053

Taxi Start (Normal Tariff)

$5.66 €5.08

$1.35 ֏487

319.26%

Taxi (Normal Tariff) (1km)

$0.57 ֏204

Taxi 1hour Waiting (Normal Tariff)

$16.80 €15.09

$13.13 ֏4,734

27.95%

Gasoline (1 liter)

$2.07 €1.86

$1.61 ֏579

28.57%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$27.1K €24.3K

$34.7K ֏12.5M

-21.84%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$27.1K €24.4K

$29.6K ֏10.7M

-8.34%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$136 €123

$123 ֏44.2K

11.35%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$25.38 €22.80

$8.95 ֏3,228

183.58%

Internet (50+ Mbps, Unlimited Data)

$56.7 €51.0

$23.92 ֏8,621

137.12%

Gym Membership (Monthly)

$32.16 €28.89

$70.2 ֏25.3K

-54.21%

Tennis Court (1 Hour on Weekend)

$17.08 €15.35

$33.68 ֏12.1K

-49.29%

Cinema Ticket

$7.29 €6.55

$8.09 ֏2,917

-9.89%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$841 €756

$343 ֏123.6K

145.23%

International Primary School, 1 Child (Yearly)

$19.0K €17.1K

$10.1K ֏3.7M

87.40%

Jeans (Levis 501 Or Similar)

$79.3 €71.2

$102 ֏36.8K

-22.32%

Summer Dress (H&M, Zara, etc)

$37.76 €33.92

$56.7 ֏20.4K

-33.42%

Sport Shoes (Adidas, Nike)

$106 €94.8

$127 ֏45.8K

-17.00%

Men's Leather Business Shoes

$89.3 €80.2

$150 ֏54.1K

-40.50%

1-bedroom Apartment, City Center (Monthly)

$1,307 €1,175

$1,078 ֏388.5K

21.29%

1-bedroom Apartment, Outside City Center (Monthly)

$977 €877

$673 ֏242.6K

45.08%

3-bedroom Apartment, City Center (Monthly)

$1,794 €1,611

$1,450 ֏522.6K

23.70%

3-bedroom Apartment, Outside City Center (Monthly)

$1,669 €1,500

$922 ֏332.4K

81.01%

Buy Apartment in City Center (m2)

$3,199 ֏1.2M

Buy Apartment Outside City Center (m2)

$1,675 ֏603.6K

Average Monthly Net Salary (After Tax)

$1,090 €979

$680 ֏245.0K

60.33%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.67

13.42

-72.65%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Peniche: October 25, 2026

Last update for Yerevan: October 26, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Peniche

$977 53.3%

Yerevan

$673 42.9% 31.1% $303

Groceries & Markets

Peniche

$233 12.7%

Yerevan

$236 15% 1.5% $3.5

Monthly Utilities & Internet

Peniche

$219 11.9%

Yerevan

$155 9.9% 28.9% $63

Eating Out

Peniche

$205 11.2%

Yerevan

$192 12.2% 6.3% $13

Clothing & Footwear

Peniche

$140 7.7%

Yerevan

$196 12.5% 39.8% $56

Sport & Entertainment

Peniche

$47 2.6%

Yerevan

$86 5.5% 84.9% $40

Getting Around

Peniche

$15 * 0.8%

Yerevan

$31 2% 112% $16

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,307 in Peniche versus $1,078 in Yerevan. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 60% higher in Peniche. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $45 in Peniche versus $49 in Yerevan. Monthly groceries follow the same trend: $233 vs $236 – making Peniche the more affordable choice for daily food spending.

Good to know

🇵🇹 Peniche

🇦🇲 Yerevan

🕒 Local time

13:01 1:01 PM

17:01 5:01 PM

4 h ahead of Peniche

🌤 Weather

👥 Population

26,431

1,129,300 Capital

💱 Currency

Euro EUR €

Armenian Dram AMD ֏

📈 Exchange rate

1 EUR = 1.11 USD

1,000 AMD = 2.77 USD

1,000 AMD = 2.49 EUR

Exchange rates and currency converter

AMD, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 28, 2026: 1 USD = 0.898 EUR (1 EUR = 1.11 USD).

Armenian Dram exchange rates as of October 28, 2026: 1 USD = 360 AMD (1,000 AMD = 2.77 USD). 1 EUR = 401 AMD (1,000 AMD = 2.49 EUR).

USD to EUR in detail →

On the map

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Between locations

Peniche Yerevan 4,530 km ≈ 6 h nonstop flight

From you

Peniche
Yerevan

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Peniche vs Yerevan: Cost of Living - Frequently Asked Questions

Peniche costs about 17% more than Yerevan, and outside of rent the gap comes mainly from utilities. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,751 per month in Peniche and $2,355 in Yerevan. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Yerevan, especially for central apartments: a one-bedroom in the center costs $1,078 there versus $1,307 in Peniche.

Monthly expenses with rent come to $1,834 in Peniche and $1,570 in Yerevan. That’s a gap of about 17%.

A mid-range dinner for two costs $45 in Peniche and $49 in Yerevan. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Families tend to lean toward Yerevan – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Yerevan. If higher salaries, better infrastructure, or specific career opportunities are the priority, Peniche makes more sense. Both are solid long-term options with distinct trade-offs.