Last update: Oct 2026

Cost of Living Comparison Between Yerevan and Peniche

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.

76

Cost of Living Index in Yerevan
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Yerevan Living Index
88

Cost of Living Index in Peniche
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Peniche Living Index

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Yerevan

🇦🇲 Armenia

$1,570

/mo nomad

Peniche

🇵🇹 Portugal

$1,834

/mo nomad

Monthly Cost of Living

How much you'll spend in Yerevan and in Peniche

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 Peniche actually costs, broken down by who's living it.

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

Yerevan $1,570
Peniche $1,834

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

Yerevan $2,272
Peniche $2,700

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

Yerevan $2,974
Peniche $3,566

Yerevan is about 14% cheaper than Peniche, and outside of rent the biggest gap is in utilities.

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

Meal at Budget Restaurant

$11.24 ֏4,053

$15.82 €14.22

-28.95%

Three-Course Dinner for Two, Mid-Range

$49.35 ֏17.8K

$44.87 €40.31

9.98%

Fast Food Meal (McDonalds, etc)

$9.93 ֏3,578

$9.29 €8.35

6.89%

Cappuccino

$3.70 ֏1,335

$1.66 €1.49

122.89%

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

$1.19 ֏429

$1.49 €1.34

-20.13%

Water (0.33 liter bottle)

$0.66 ֏236

$1.48 €1.33

-55.41%

Local Beer (0.5 liter draught)

$2.70 ֏975

$2.77 €2.49

-2.53%

Imported Beer (0.33 liter bottle)

$3.30 ֏1,190

$2.23 €2.00

47.98%

Milk (1 liter)

$1.60 ֏575

$1.30 €1.17

23.08%

White Bread (500g)

$0.98 ֏353

$1.65 €1.48

-40.61%

Rice (white) (1kg)

$2.24 ֏806

$0.93 €0.83

140.86%

Eggs

$2.75 ֏990

$2.42 €2.18

13.64%

Local Cheese (1kg)

$8.35 ֏3,011

$11.04 €9.92

-24.37%

Chicken Fillets (1kg)

$7.64 ֏2,752

$7.01 €6.29

8.99%

Beef Round Steak (1kg)

$14.04 ֏5,060

$15.48 €13.91

-9.30%

Apples (1kg)

$1.48 ֏533

$1.09 €0.98

35.78%

Banana (1kg)

$1.75 ֏629

$1.10 €0.99

59.09%

Oranges (1kg)

$1.93 ֏697

$2.27 €2.04

-14.98%

Tomato (1kg)

$2.50 ֏900

$2.24 €2.02

11.61%

Potato (1kg)

$0.73 ֏263

$1.01 €0.91

-27.72%

Onion (1kg)

$0.68 ֏247

$2.34 €2.10

-70.94%

Lettuce (1 head)

$0.98 ֏353

$1.15 €1.03

-14.78%

Water (1.5 liter bottle)

$0.74 ֏268

$0.92 €0.83

-19.57%

Cigarettes 20 Pack (Marlboro, Camel)

$2.79 ֏1,007

$5.79 €5.20

-51.81%

Wine (Bottle)

$9.53 ֏3,435

$5.64 €5.07

68.97%

Local Beer (0.5 liter bottle)

$1.51 ֏545

$0.98 €0.88

54.08%

Imported Beer (0.33 liter bottle)

$2.04 ֏736

$1.63 €1.47

25.15%

One-way Ticket (Public Transport)

$0.44 ֏158

$2.25 €2.02

-80.44%

Public Transport Monthly Pass (Regular Price)

$25.12 ֏9,053

Taxi Start (Normal Tariff)

$1.35 ֏487

$5.66 €5.08

-76.15%

Taxi (Normal Tariff) (1km)

$0.57 ֏204

Taxi 1hour Waiting (Normal Tariff)

$13.13 ֏4,734

$16.80 €15.09

-21.85%

Gasoline (1 liter)

$1.61 ֏579

$2.07 €1.86

-22.22%

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

$34.7K ֏12.5M

$27.1K €24.3K

27.94%

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

$29.6K ֏10.7M

$27.1K €24.4K

9.10%

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

$123 ֏44.2K

$136 €123

-10.19%

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

$8.95 ֏3,228

$25.38 €22.80

-64.74%

Internet (50+ Mbps, Unlimited Data)

$23.92 ֏8,621

$56.7 €51.0

-57.83%

Gym Membership (Monthly)

$70.2 ֏25.3K

$32.16 €28.89

118.41%

Tennis Court (1 Hour on Weekend)

$33.68 ֏12.1K

$17.08 €15.35

97.19%

Cinema Ticket

$8.09 ֏2,917

$7.29 €6.55

10.97%

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

$343 ֏123.6K

$841 €756

-59.22%

International Primary School, 1 Child (Yearly)

$10.1K ֏3.7M

$19.0K €17.1K

-46.64%

Jeans (Levis 501 Or Similar)

$102 ֏36.8K

$79.3 €71.2

28.73%

Summer Dress (H&M, Zara, etc)

$56.7 ֏20.4K

$37.76 €33.92

50.19%

Sport Shoes (Adidas, Nike)

$127 ֏45.8K

$106 €94.8

20.49%

Men's Leather Business Shoes

$150 ֏54.1K

$89.3 €80.2

68.07%

1-bedroom Apartment, City Center (Monthly)

$1,078 ֏388.5K

$1,307 €1,175

-17.55%

1-bedroom Apartment, Outside City Center (Monthly)

$673 ֏242.6K

$977 €877

-31.07%

3-bedroom Apartment, City Center (Monthly)

$1,450 ֏522.6K

$1,794 €1,611

-19.16%

3-bedroom Apartment, Outside City Center (Monthly)

$922 ֏332.4K

$1,669 €1,500

-44.76%

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)

$680 ֏245.0K

$1,090 €979

-37.63%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.42

3.67

265.67%

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

Last update for Yerevan: October 26, 2026

Last update for Peniche: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Yerevan

$673 42.9%

Peniche

$977 53.3% 45.1% $303

Groceries & Markets

Yerevan

$236 15%

Peniche

$233 12.7% 1.5% $3.5

Clothing & Footwear

Yerevan

$196 12.5%

Peniche

$140 7.7% 28.5% $56

Eating Out

Yerevan

$192 12.2%

Peniche

$205 11.2% 6.7% $13

Monthly Utilities & Internet

Yerevan

$155 9.9%

Peniche

$219 11.9% 40.6% $63

Sport & Entertainment

Yerevan

$86 5.5%

Peniche

$47 2.6% 45.9% $40

Getting Around

Yerevan

$31 2%

Peniche

$15 * 0.8% 52.7% $16

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

Cost Breakdown

A central one-bedroom costs $1,078 in Yerevan versus $1,307 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 60% higher in Peniche. Purchasing power depends on which expenses matter most to you.

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

Good to know

🇦🇲 Yerevan

🇵🇹 Peniche

🕒 Local time

21:40 9:40 PM

17:40 5:40 PM

4 h behind Yerevan

🌤 Weather

👥 Population

1,129,300 Capital

26,431

💱 Currency

Armenian Dram AMD ֏

Euro EUR €

📈 Exchange rate

1,000 AMD = 2.77 USD

1,000 AMD = 2.49 EUR

1 EUR = 1.11 USD

Exchange rates and currency converter

EUR, USD to AMD – Armenian Dram Converter

🇺🇸 United States Dollar ($)

🇦🇲 Armenian Dram (֏)

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).

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

USD to AMD in detail →

On the map

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Between locations

Yerevan Peniche 4,530 km ≈ 6 h nonstop flight

From you

Yerevan
Peniche

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 Peniche: 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 $2,355 per month in Yerevan and $2,751 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: a one-bedroom in the center costs $1,078 there versus $1,307 in Peniche.

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

A mid-range dinner for two costs $49 in Yerevan and $45 in Peniche. 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.