The cost of living in Azerbaijan is significantly lower compared to the United States. The average monthly expenses for a family of four (excluding rent) are estimated at 3,080.7 manat (~$1,663.7 USD), while a single person’s expenses are around 860.6 manat (~$467.5 USD). Rent prices are also considerably lower compared to the US.

Detailed Information:

  • Monthly Expenses:
    • Four-Person Family: Approximately 3,080.7 manat ($1,663.7 USD) excluding rent.
    • Single Person: Approximately 860.6 manat ($467.5 USD) excluding rent.
  • Comparison to the United States: The overall cost of living in Azerbaijan is 50% or more lower than in the United States.
    • Monthly Expenses: The average monthly family expenses in the US are around $5,250 excluding rent. For single individuals, the average monthly expenses excluding rent are around $2,500.
    • Rent: Rent prices in Azerbaijan are significantly lower compared to the US. The average rent difference is over 75%.
  • Comparison to the United Kingdom: The overall cost of living in Azerbaijan is 51.3% lower than in the United Kingdom. Rent prices are also considerably lower compared to the UK, with an average difference of 75.9%.

Azerbaijan Restaurants Price

Category Current Price Adjusted Price
Range Meal, Inexpensive Restaurant 15.00$ 15.15 – 15.30
Meal for 2 People, Mid-range Restaurant, Three-course 50.00$ 50.50 – 51.00
McMeal at McDonalds (or Equivalent Combo Meal) 12.50$ 12.63 – 12.75
Domestic Beer (0.5 liter draught) 2.20$ 2.23 – 2.24
Imported Beer (0.33 liter bottle) 4.00$ 4.04 – 4.08
Cappuccino (regular) 5.18$ 5.24 – 5.29
Coke/Pepsi (0.33 liter bottle) 0.94$ 0.95 – 0.96
Water (0.33 liter bottle) 0.53$ 0.54 – 0.53

Azerbaijan Markets Price

Category Current Price Adjusted Price
Milk (regular), (1 liter) 2.24$ 2.27 – 2.29
Loaf of Fresh White Bread (500g) 0.71$ 0.72 – 0.72
Rice (white), (1kg) 3.58$ 3.62 – 3.64
Eggs (regular) (12) 2.58$ 2.61 – 2.62
Local Cheese (1kg) 8.27$ 8.35 – 8.40
Chicken Fillets (1kg) 7.42$ 7.49 – 7.52
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 15.47$ 15.68 – 15.77
Apples (1kg) 1.80$ 1.82 – 1.83
Banana (1kg) 2.84$ 2.88 – 2.90
Oranges (1kg) 2.39$ 2.42 – 2.43
Tomato (1kg) 2.73$ 2.77 – 2.79
Potato (1kg) 1.14$ 1.15 – 1.16
Onion (1kg) 0.93$ 0.94 – 0.95
Lettuce (1 head) 0.91$ 0.92 – 0.93
Water (1.5 liter bottle) 0.93$ 0.94 – 0.95
Bottle of Wine (Mid-Range) 12.00$ 12.12 – 12.24
Domestic Beer (0.5 liter bottle) 2.09$ 2.11 – 2.12
Imported Beer (0.33 liter bottle) 4.19$ 4.24 – 4.26
Cigarettes 20 Pack (Marlboro) 6.00$ 6.06 – 6.12

Rent Per Month

Category Current Price Adjusted Price
Apartment (1 bedroom) in City Centre 585.54$ 591.39 – 595.99
Apartment (1 bedroom) Outside of Centre 350.00$ 353.50 – 357.00
Apartment (3 bedrooms) in City Centre 1,097.14$ 1,108.11 – 1,114.26
Apartment (3 bedrooms) Outside of Centre 602.62$ 608.65 – 612.67

Azerbaijan Buy Apartment Price

Category Current Price Adjusted Price
Price per Square Meter to Buy Apartment in City Centre 2,571.44$ 2,597.16 – 2,621.44
Price per Square Meter to Buy Apartment Outside of Centre 1,342.89$ 1,356.32 – 1,369.78

Azerbaijan Salaries And Financing

Category Current Price Adjusted Price
Average Monthly Net Salary (After Tax) 657.84$ 664.42 – 668.61
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.22$ 9.22 (no change, wider range)

Azerbaijan Unveiling the Cost of Living (April 2024 Update)

Embark on a journey to Azerbaijan, a land where rich culture, ancient history, and breathtaking landscapes intertwine. Before you pack your bags, it’s essential to understand the cost of living in this captivating country. This comprehensive guide, meticulously crafted based on insights from residents across Azerbaijan, provides a clear picture of everyday expen

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Cost Of Living