Last update: Oct 2026

Cost of Living Comparison Between Yerevan and Lagos, Portugal

For one person, living is cheaper in Yerevan: $1,570 a month against $2,044 in Lagos, rent and utilities included – about $5,700 less a year. Rent and utilities account for most of the difference.

76

Cost of Living Index in Yerevan
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Yerevan Living Index
98

Cost of Living Index in Lagos
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Lagos Living Index

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Yerevan

🇦🇲 Armenia

$1,570

/mo nomad

Lagos

🇵🇹 Portugal

$2,044

/mo nomad

Monthly Cost of Living

How much you'll spend in Yerevan and in Lagos

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

Monthly costs for one person with rent: $1,570 in Yerevan versus $2,044 in Lagos.

Yerevan $1,570
Lagos $2,044

Estimated couple costs with rent: $2,272 in Yerevan versus $3,081 in Lagos.

Yerevan $2,272
Lagos $3,081

Monthly costs for a family of three with rent: $2,974 in Yerevan versus $4,117 in Lagos.

Yerevan $2,974
Lagos $4,117

Living in Yerevan costs roughly 23% less than in Lagos, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Yerevan 15% above, Lagos 50% above.

Meal at Budget Restaurant

$11.24 ֏4,044

$12.18 €10.91

-7.72%

Three-Course Dinner for Two, Mid-Range

$49.35 ֏17.7K

$56.5 €50.6

-12.70%

Fast Food Meal (McDonalds, etc)

$9.93 ֏3,570

$7.89 €7.07

25.86%

Cappuccino

$3.70 ֏1,332

$2.65 €2.37

39.62%

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

$1.19 ֏428

$2.44 €2.18

-51.23%

Water (0.33 liter bottle)

$0.66 ֏236

$1.72 €1.54

-61.63%

Local Beer (0.5 liter draught)

$2.70 ֏973

$3.98 €3.56

-32.16%

Imported Beer (0.33 liter bottle)

$3.30 ֏1,187

$4.39 €3.93

-24.83%

Milk (1 liter)

$1.60 ֏574

$1.03 €0.92

55.34%

White Bread (500g)

$0.98 ֏352

$2.40 €2.15

-59.17%

Rice (white) (1kg)

$2.24 ֏805

$2.11 €1.89

6.16%

Eggs

$2.75 ֏988

$3.54 €3.17

-22.32%

Local Cheese (1kg)

$8.35 ֏3,005

$17.50 €15.67

-52.29%

Chicken Fillets (1kg)

$7.64 ֏2,746

$8.21 €7.35

-6.94%

Beef Round Steak (1kg)

$14.04 ֏5,049

$15.28 €13.69

-8.12%

Apples (1kg)

$1.48 ֏532

$2.85 €2.56

-48.07%

Banana (1kg)

$1.75 ֏628

$1.37 €1.23

27.74%

Oranges (1kg)

$1.93 ֏695

$1.77 €1.59

9.04%

Tomato (1kg)

$2.50 ֏898

$2.67 €2.39

-6.37%

Potato (1kg)

$0.73 ֏262

$2.00 €1.79

-63.50%

Onion (1kg)

$0.68 ֏246

$2.09 €1.87

-67.46%

Lettuce (1 head)

$0.98 ֏352

$1.31 €1.17

-25.19%

Water (1.5 liter bottle)

$0.74 ֏267

$0.38 €0.34

94.74%

Cigarettes 20 Pack (Marlboro, Camel)

$2.79 ֏1,005

$5.74 €5.14

-51.39%

Wine (Bottle)

$9.53 ֏3,427

$4.53 €4.06

110.38%

Local Beer (0.5 liter bottle)

$1.51 ֏544

$0.91 €0.82

65.93%

Imported Beer (0.33 liter bottle)

$2.04 ֏734

$2.76 €2.47

-26.09%

One-way Ticket (Public Transport)

$0.44 ֏158

$1.70 €1.52

-74.12%

Public Transport Monthly Pass (Regular Price)

$25.12 ֏9,033

$33.85 €30.32

-25.79%

Taxi Start (Normal Tariff)

$1.35 ֏485

$5.71 €5.12

-76.36%

Taxi (Normal Tariff) (1km)

$0.57 ֏204

$0.99 €0.89

-42.42%

Taxi 1hour Waiting (Normal Tariff)

$13.13 ֏4,723

Gasoline (1 liter)

$1.61 ֏577

$2.01 €1.80

-19.90%

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

$34.7K ֏12.5M

$33.1K €29.7K

4.75%

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

$29.6K ֏10.6M

$35.2K €31.5K

-15.96%

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

$123 ֏44.1K

$146 €131

-16.00%

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

$8.95 ֏3,220

$21.33 €19.10

-58.04%

Internet (50+ Mbps, Unlimited Data)

$23.92 ֏8,602

$43.62 €39.07

-45.16%

Gym Membership (Monthly)

$70.2 ֏25.3K

$54.4 €48.75

29.05%

Tennis Court (1 Hour on Weekend)

$33.68 ֏12.1K

$28.31 €25.36

18.97%

Cinema Ticket

$8.09 ֏2,910

$6.26 €5.60

29.23%

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

$343 ֏123.3K

$521 €466

-34.12%

International Primary School, 1 Child (Yearly)

$10.1K ֏3.6M

$11.1K €9,982

-9.02%

Jeans (Levis 501 Or Similar)

$102 ֏36.7K

$81.7 €73.2

24.87%

Summer Dress (H&M, Zara, etc)

$56.7 ֏20.4K

$48.89 €43.78

16.00%

Sport Shoes (Adidas, Nike)

$127 ֏45.7K

$69.9 €62.6

81.80%

Men's Leather Business Shoes

$150 ֏54.0K

$113 €101

32.76%

1-bedroom Apartment, City Center (Monthly)

$1,078 ֏387.7K

$1,144 €1,024

-5.75%

1-bedroom Apartment, Outside City Center (Monthly)

$673 ֏242.1K

$1,098 €983

-38.67%

3-bedroom Apartment, City Center (Monthly)

$1,450 ֏521.5K

$2,395 €2,145

-39.47%

3-bedroom Apartment, Outside City Center (Monthly)

$922 ֏331.7K

$1,959 €1,755

-52.93%

Buy Apartment in City Center (m2)

$3,199 ֏1.2M

$3,962 €3,548

-19.25%

Buy Apartment Outside City Center (m2)

$1,675 ֏602.2K

$4,826 €4,322

-65.30%

Average Monthly Net Salary (After Tax)

$680 ֏244.5K

$1,213 €1,086

-43.96%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.42

3.85

248.57%

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

Last update for Yerevan: October 26, 2026

Last update for Lagos: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Yerevan

$673 42.9%

Lagos

$1.1K 53.7% 63% $424

Groceries & Markets

Yerevan

$236 15%

Lagos

$278 13.6% 17.9% $42

Clothing & Footwear

Yerevan

$196 12.5%

Lagos

$141 6.9% 28.1% $55

Eating Out

Yerevan

$192 12.2%

Lagos

$198 9.7% 3.4% $6.5

Monthly Utilities & Internet

Yerevan

$155 9.9%

Lagos

$211 10.3% 35.6% $55

Sport & Entertainment

Yerevan

$86 5.5%

Lagos

$67 3.3% 22.5% $19

Getting Around

Yerevan

$31 2%

Lagos

$51 2.5% 65.2% $20

Cost Breakdown

A one-bedroom apartment in the center runs $1,078 in Yerevan and $1,144 in Lagos. Housing cost is often the main lever when comparing two cities.

Lagos pays 78% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $49 in Yerevan vs $57 in Lagos for a mid-range dinner for two. Groceries echo the gap at $236 vs $278 per month, with Yerevan cheaper across the board.

Good to know

🇦🇲 Yerevan

🇵🇹 Lagos

🕒 Local time

23:58 11:58 PM

19:58 7:58 PM

4 h behind Yerevan

🌤 Weather

👥 Population

1,129,300 Capital

33,500

💱 Currency

Armenian Dram AMD ֏

Euro EUR €

📈 Exchange rate

1,000 AMD = 2.78 USD

1,000 AMD = 2.49 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to AMD – Armenian Dram Converter

🇺🇸 United States Dollar ($)

🇦🇲 Armenian Dram (֏)

Armenian Dram exchange rates as of November 1, 2026: 1 USD = 360 AMD (1,000 AMD = 2.78 USD). 1 EUR = 402 AMD (1,000 AMD = 2.49 EUR).

Euro exchange rates as of November 1, 2026: 1 USD = 0.896 EUR (1 EUR = 1.12 USD).

USD to AMD in detail →

On the map

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Between locations

Yerevan Lagos 4,560 km ≈ 6 h nonstop flight

From you

Yerevan
Lagos

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

Yerevan vs Lagos: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,570 in Yerevan and $2,044 in Lagos, so Yerevan is about 23% cheaper – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 44% lower in Yerevan. That’s worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,078 in Yerevan versus $1,144 in Lagos. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 18% higher in Lagos. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Yerevan – a meal for two runs $49 versus $57 in Lagos. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,570 in Yerevan versus $2,044 in Lagos, a $2,000 budget is realistic in Yerevan but tight or insufficient in Lagos. The gap between the two cities makes Yerevan the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Yerevan and Lagos are both considered safe, so it’s unlikely to be the deciding factor between them.

Expats usually find Yerevan gentler on the wallet – expenses run 23% less than in Lagos. Beyond cost, consider language, visa policies, and how big the international community is in each city.