Location Factors

Yerevan

The location factor for Yerevan (Armenia) is 0.55, based on local living costs.

This means a 16,837,411 dram per year salary would roughly be compareable to €60,000 in Berlin (Germany).
If you would have to pay full taxes in Germany, this amount would rise to 17,951,651 dram.

You can also start a calculation based on Yerevan.

Name Yerevan
🇦🇲
Armenia
Chosen Factor 0.55 0.59* 0.53 0.57*
Market Rates unavailable 0.12 0.13*
Consumer Price Index 0.55 0.59* 0.53 0.57*
Rent Index* 0.33 0.35* 0.36 0.38*
Consumer Price Plus Rent Index 0.49 0.53* 0.49 0.52*
Groceries Index 0.50 0.53* 0.51 0.55*
Restaurant Price Index* 0.53 0.57* 0.45 0.48*
Local Purchasing Power Index* 0.29 0.31* 0.25 0.26*
Buffer Location Bracket* D D
Currency Armenian Dram (AMD)
Income Tax* 24.4% to 36%
* Not used for index.* If taxes paid in Germany instead.
Market rates based on National Sources. Living costs based on Numbeo.