Armenia ranked 34th among 50 cheapest countries to live in
Armenia is ranked 34th on the GOBankingRates’ list of 50 countries with the cheapest cost of living.
“Stunning scenery dotted with Greco-Roman and medieval ruins aren’t the only reasons you’d want to spend a lifetime exploring Armenia,” the country’s respective description reads. “It’s one of the countries with the cheapest cost of living, with rents that are 91 percent lower than NYC [New York City].”
Armenia’s neighbors, Azerbaijan and Georgia are ranked 35th and 16th, respectively, on this list.
India, Saudi Arabia, and Pakistan are the “leaders” in this ranking.