Cost of Living Comparison Between Yerevan and Peniche Cost of Living Comparison Between Yerevan and Peniche

Monthly Cost of Living

A single person spends $1,444 per month in Yerevan vs $1,876 in Peniche, rent included.

A couple spends around $2,210 per month in Yerevan vs $2,681 in Peniche, rent included.

A family of three spends $2,976 per month in Yerevan vs $3,487 in Peniche, rent included.

Yerevan is about 23% cheaper than Peniche, driven mainly by Sport & Entertainment.

Both Yerevan and Peniche sit above the global median – Yerevan by 7%, Peniche by 39%.

Meal at Budget Restaurant

$10.62 ֏3,968

$17.58 €14.96

-39.59%

Three-Course Dinner for Two, Mid-Range

$51.9 ֏19.4K

$57.8 €49.22

-10.32%

Fast Food Meal (McDonalds, etc)

$7.65 ֏2,857

$10.27 €8.74

-25.51%

Cappuccino

$3.57 ֏1,336

$1.72 €1.46

107.56%

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

$1.02 ֏380

$1.77 €1.51

-42.37%

Water (0.33 liter bottle)

$0.52 ֏195

$1.30 €1.10

-60.00%

Local Beer (0.5 liter draught)

$1.85 ֏690

$2.37 €2.01

-21.94%

Imported Beer (0.33 liter bottle)

$3.92 ֏1,464

$3.13 €2.67

25.24%

Milk (1 liter)

$1.58 ֏590

$1.05 €0.89

50.48%

White Bread (500g)

$0.91 ֏340

$1.45 €1.23

-37.24%

Rice (white) (1kg)

$2.38 ֏888

$1.60 €1.36

48.75%

Eggs

$2.42 ֏905

$3.03 €2.58

-20.13%

Local Cheese (1kg)

$8.46 ֏3,161

$9.41 €8.01

-10.10%

Chicken Fillets (1kg)

$7.37 ֏2,752

$7.70 €6.55

-4.29%

Beef Round Steak (1kg)

$12.34 ֏4,610

$13.05 €11.10

-5.44%

Apples (1kg)

$1.32 ֏494

$1.94 €1.65

-31.96%

Banana (1kg)

$1.75 ֏654

$1.41 €1.20

24.11%

Oranges (1kg)

$1.71 ֏638

$1.79 €1.52

-4.47%

Tomato (1kg)

$2.27 ֏848

$2.36 €2.01

-3.81%

Potato (1kg)

$0.80 ֏300

$1.09 €0.93

-26.61%

Onion (1kg)

$0.71 ֏264

$1.94 €1.65

-63.40%

Lettuce (1 head)

$0.83 ֏310

$1.13 €0.96

-26.55%

Water (1.5 liter bottle)

$0.65 ֏244

$0.88 €0.75

-26.14%

Cigarettes 20 Pack (Marlboro, Camel)

$2.55 ֏951

$5.81 €4.94

-56.11%

Wine (Bottle)

$9.35 ֏3,492

$5.79 €4.93

61.49%

Local Beer (0.5 liter bottle)

$1.34 ֏499

$1.07 €0.91

25.23%

Imported Beer (0.33 liter bottle)

$2.20 ֏823

$1.69 €1.44

30.18%

One-way Ticket (Public Transport)

$0.38 ֏142

$2.24 €1.91

-83.04%

Public Transport Monthly Pass (Regular Price)

$23.88 ֏8,922

$42.82 €36.44

-44.23%

Taxi Start (Normal Tariff)

$1.62 ֏603

$5.82 €4.95

-72.16%

Taxi (Normal Tariff) (1km)

$0.31 ֏116

$1.20 €1.03

-74.17%

Taxi 1hour Waiting (Normal Tariff)

$4.84 ֏1,808

$17.24 €14.67

-71.93%

Gasoline (1 liter)

$1.42 ֏531

$1.94 €1.65

-26.80%

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

$31.3K ֏11.7M

$34.4K €29.3K

-8.85%

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

$37.7K ֏14.1M

$39.2K €33.3K

-3.74%

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

$133 ֏49.5K

$111 €94.2

19.72%

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

$8.47 ֏3,163

$20.20 €17.19

-58.07%

Internet (50+ Mbps, Unlimited Data)

$20.24 ֏7,564

$42.01 €35.75

-51.82%

Gym Membership (Monthly)

$101 ֏37.9K

$33.96 €28.90

198.76%

Tennis Court (1 Hour on Weekend)

$30.09 ֏11.2K

$17.15 €14.59

75.45%

Cinema Ticket

$6.48 ֏2,420

$8.80 €7.49

-26.36%

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

$370 ֏138.2K

$411 €350

-10.09%

International Primary School, 1 Child (Yearly)

$7,747 ֏2.9M

$5,898 €5,019

31.35%

Jeans (Levis 501 Or Similar)

$112 ֏41.8K

$98.1 €83.5

13.91%

Summer Dress (H&M, Zara, etc)

$59.7 ֏22.3K

$44.20 €37.62

35.11%

Sport Shoes (Adidas, Nike)

$145 ֏54.1K

$116 €99.1

24.29%

Men's Leather Business Shoes

$140 ֏52.2K

$93.6 €79.7

49.21%

1-bedroom Apartment, City Center (Monthly)

$797 ֏297.8K

$1,374 €1,169

-42.00%

1-bedroom Apartment, Outside City Center (Monthly)

$551 ֏206.1K

$1,007 €857

-45.21%

3-bedroom Apartment, City Center (Monthly)

$1,402 ֏523.9K

$1,863 €1,586

-24.75%

3-bedroom Apartment, Outside City Center (Monthly)

$854 ֏318.9K

$1,421 €1,209

-39.93%

Buy Apartment in City Center (m2)

$3,102 ֏1.2M

Buy Apartment Outside City Center (m2)

$1,455 ֏543.5K

Average Monthly Net Salary (After Tax)

$629 ֏235.0K

$1,136 €967

-44.65%

20-Year Fixed Mortgage Interest Rate (Annual %)

15.53

5.45

184.95%

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

Last update for Yerevan: April 13, 2026

Last update for Peniche: April 13, 2026

Cost Breakdown

A central one-bedroom costs $797 in Yerevan versus $1,374 in Peniche. 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 81% higher in Peniche, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $52 in Yerevan versus $58 in Peniche. Monthly groceries follow the same trend: $223 vs $229 – making Yerevan the more affordable choice for daily food spending.

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 Peniche: Cost of Living - Frequently Asked Questions

Peniche costs about 30% more than Yerevan, with the gap driven mainly by Sport & Entertainment. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,166 per month in Yerevan and $2,813 in Peniche. 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. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 79% less in Yerevan. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $370 per month in Yerevan and $411 in Peniche. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Yerevan, where all-in costs run around $1,444, than in Peniche at $1,876. In Yerevan it covers expenses comfortably, while in Peniche it requires careful planning or may not stretch far enough.

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.