One of the reasons why tourists prefer to spend their holidays in the South Caucasus is very affordable prices. Below we will acquaint you with the prices for various goods and services in Armenia, Georgia and Azerbaijan so that you can feel comfortable after your arrival.
Disclaimer: please, note that this post was last updated on October 15, 2026. Prices are subject to constant change and may vary from those listed below.
Armenia

The national currency in Armenia is dram (AMD), which exists in the form of banknotes and coins. Most often during the daily expenses, Armenians use banknotes of 1000 or 5000 dram and coins of 200 and 500 dram.
Find information about rate exchange here.

The most convenient way to move around Yerevan is by bus and minibus. Almost at any bus stop, you can take the necessary number and get to any part of the city. The fare is 150 AMD ($0.4). There are also trolley-buses, which are not so many, the fare is also 150 AMD ($0.4).
Yerevan uses a unified cashless payment system across all municipal transport (buses, trolleybuses, and the metro). Cash payments to the driver are not accepted. To pay, you can use international cards (Visa or Mastercard) or a phone with Apple Pay or Google Pay. Just tap your card or device on the validator (an orange scanner) immediately upon boarding – specifically, within one minute. If you don't have international cards or payment systems then you need to buy a transport payment card. It can be purchased at any metro station (at the ticket office or a terminal), at Telcell service points, or at the information centers in Republic Square and France Square.
If you want to take a taxi, use the taxi apps as private drivers sometimes ask for too high prices. The most popular taxi apps are GG Taxi and Yandex Go.
In Yerevan, you can also use the subway, where the fare is 150 drams ($0.4).
Those who are going to travel around Armenia by car can take into consideration that the average price of gasoline is about 580 AMD ($1.6) per liter and diesel 660 AMD ($1.81) per liter.

The accommodation in Armenia cannot be considered the cheapest in the world, but not very expensive. Those who wish to save can choose hostels or budget hotels, which are many in the country. For example, in the hostels, Center-Hostel, Grand Hostel, My Corner the price for one night is about $10. Of course, there are more expensive options, for example, in the hostels of Glide, Kantar, Envoy, Theatre the room will cost from $10 to $20.
When it comes to hotels, there is a wide variety of choices, especially in the capital and resort towns. The prices in the most luxurious ones, such as Marriott, Tufenkian, Ani Plaza, Royal Tulip start from 60,000 AMD ($160) and higher
Those who want to rent an apartment should take into consideration that the prices vary based on location, size, and interior condition. А well-renovated, modern apartment right in the heart of Yerevan will cost from $50 to $90 per day. If you look a bit farther from the city center, you can easily find comfortable options for around 15,000 to 22,000 AMD ($38–55) per day.
Long-term rental prices in Yerevan have risen significantly. Currently, a one-bedroom apartment in the city center starts at $700 per month, while two-bedroom options can reach $800 or more. Prices become more affordable the farther you move from the center, with the most budget-friendly options located in the suburbs of Yerevan.

Local products and local fruits and vegetables in Armenia are rather inexpensive. This is not surprising: Armenia is a sunny country with all the favorable climatic conditions for the cultivation of fruits and vegetables that are here in abundance. Accordingly, the prices are low.
If you are not going to stay in a hotel and will have to take care of your everyday menu, you can get familiar with the following prices:
Bread | 150-400 AMD ($0.40-1.00) |
Cheese (1kg) | 2,500-4,500 AMD ($6.40-11.50) |
Butter (100g) | 450-600 AMD ($1.15-1.50) |
Sugar (1kg) | 450 AMD ($1.15) |
Milk (1l) | 550-750 AMD ($1.40-1.90) |
Yogurt | 150-350 AMD ($0.4-0.97) |
Apricots (1kg) | 400-1,200 AMD ($1.00-3.00), depending on the season and harvest |
Apples | 300-700 AMD ($0.75-1.80) |
Grapes | from 500 AMD ($1.30) |
Peach | from 600 AMD ($1.50) |
Tomato | 400-1,200 AMD ($1.00-3.10), depending on the season |
If you do not wish to dine at home or want to try Armenian national dishes, there is a wide range of both luxury restaurants and cafes offering fast-food. In fast-food chains, you can have a full meal and pay 2500-5000 AMD ($6.9-13.8), in the national restaurants the dinner will cost from 5000 to 15000 AMD ($13.8-41.6) or higher that depends on the prestige and selected dishes.
To avoid expensive roaming charges during your stay in Armenia, it is highly recommended to purchase a local SIM card. There are three major mobile operators in the country: Viva, Ucom, and Team Telecom Armenia. Instead of paying per minute, tourists can easily get special tourist prepaid plans. For example, a budget tourist package with ample mobile data, free local minutes, and SMS costs around 2,500 to 3,000 AMD ($6.50 – $8.00) and is valid for 15 to 30 days.
Georgia
As mentioned above, the prices in the whole are relatively low in Georgia. Guests from Europe, the USA, and even neighboring countries will find it attractive. The best thing about the country is endless opportunities even for budget tourists. The country has a wide choice of accommodation, tasty and cheap food and products, well developed and comfortable transportation.

The national currency of Georgia is the Georgian Lari (GEL). Banknotes are circulated in denominations of 5, 10, 20, 50, 100, and 200 lari. Coins are available in denominations of 5, 10, 20, and 50 tetri, as well as 1 and 2 lari. All transactions and services within the country are handled exclusively in national currency. Foreign currencies (US dollars, rubles, euros, Ukrainian hryvnia, Armenian dram, Turkish lira) can be easily converted at banks and numerous exchange offices. The current rates can be checked on the official website of the National bank of Georgia.
Public transport in Tbilisi and intercity buses are the most affordable ways to travel. Small city buses are available from early morning to midnight. All the public transport, including metro, buses, and minibuses (marshrutkas), operates on a flat-fare system. Regardless of the distance, a single ride costs 1 GEL ($0.40). Detailed information about routes and timetables is available on the official website of the Tbilisi transport company.
You can pay by international Visa and Mastercard or by your smartphone via Apple Pay or Google Pay. As an alternative, can also purchase a plastic Metromoney card for 2 GEL at any metro station ticket office. The card requires no registration, and can be topped up with cash or card at terminals.

Taxi rides are quite affordable. We recommend using taxi apps like Bolt or Yandex Go to avoid being overcharged by street-hailing private drivers. A short ride across the city center usually costs between 4 and 7 GEL, while trips to further residential districts typically range from 10 to 15 GEL.
The price of train tickets depends on the destination. For example, Tbilisi-Batumi train ticket cost depends on the class, starting from 32–36 GEL for second class to 75–76 GEL for first class. Tickets should be booked in advance on the official Georgian Railway website.
There are numerous hotels, hostels, and guest houses in tourist centers in Georgia. Additionally, platforms like Airbnb and Couchsurfing are highly popular and widely used across the country. The average price per night for a room in a hostel or guesthouse will be 40 GEL (16$, the price mostly depends on the season). The same is the price for Airbnb. To get the best option make sure to book a room beforehand.
A comfortable double room in 3-star and 4-star hotels with breakfast included usually costs between 130 and 250 GEL ($52–100) per night.

Camping and Couchsurfing is definitely the most suitable way to save money when you are on a budget tour. The camping season starts in May and lasts till October. On the vast territory of Georgia, there are thousands of destinations where you can organize camping.
The monthly rental rates have increased for last years. A modern, well-furnished 1-bedroom apart in the city center will cost from $600-$900 and higher per month. Apartments near metro stations farther from the center can be found for $350 to $550 per month.
The price of products is also relatively low than in any European country. As for food, it is always fresh and tasty.
Dinner for two in an premium/expensive restaurant | 100+ GEL ($37) |
Lunch in the business district | 15-30 GEL ($6-11) |
A meal in fast food chain | 24 GEL ($8.9) |
Dinner in an inexpensive traditional tavern | 25-40 GEL ($9-15) |
A cup of coffee/ tea | 5 GEL ($2) |
Cocktail at a bar | 15-25 GEL ($5.5-9.25) |

Here are the prices for food in case you want to cook for yourself.
Bottle of water 1.5l | 1.50-2.00 GEL ($0.55-0.74) |
Beer (domestic, 0.5l) | 4-7 GEL ($1.50-2.60) |
Beer (imported, 0.33l) | 6 GEL ($2.20) |
Wine (domestic, 1l) | 15-25 GEL ($5.50-9.25) |
Loaf of bread | 1.50-2.00 GEL ($0.55-0.74) |
Georgian cheese | 18-25 GEL ($6.70-9.25) |
Milk (1l) | 5.00-5.80 GEL ($1.85-2.15) |
Eggs (12) | 6.50-7.50 GEL ($2.40-2.80) |
Yogurt | 2.50-4.00 GEL ($0.90-1.50) |
Chicken breast (1kg) | 18 GEL ($6.70) |
Potatoes (1kg) | around 2.00 GEL ($0.74) |
Tomatoes (1kg) | 3-8 GEL ($1.10-3.00) |
Bananas (1kg) | around 4.50 GEL ($1.65) |
Apples (1kg) | 2.50-4.50 GEL ($0.90-1.65) |
Oranges (1kg) | around 5.00 GEL ($1.85) |
There are three major mobile operators in Georgia that offer high-quality communication, extensive coverage, and high-speed 4G and 5G networks. All three operators have a wide choice of tariff plans useful for tourists.
For Russian tourists, the most optional is Cellfie (formerly Beeline) mobile operator that has special tariffs for local calls and internet packages.
Silknet is one of the largest telecom companies in the country, providing strong nationwide coverage and reliable mobile data. They offer a wide variety of tourist packages.
Magti is universally considered the market leader in terms of subscriber base, data speeds, and network coverage. It is the absolute best choice for travelers heading into remote mountainous regions like Svaneti, Kazbegi, or Tusheti.
Azerbaijan
In comparison with Armenia and Georgia, the prices in Azerbaijan are a little higher. According to tourist reviews, it is rather hard for budget tourists to find an affordable hotel. There are a lot of luxurious hotels and restaurants in Baku so for tourists who are not fixed on saving money, Azerbaijan will be a great country of opportunities.
The national currency is called Azerbaijani Manat (AZN). Banknotes are circulated in denominations of 1, 5, 10, 20, 50, 100, and 200 manat, while coins (qapik) are available in 1, 3, 5, 10, 20, and 50. The services are provided in national currency. TLocal exchange offices and banks widely accept US dollars, euros, British pounds, rubles, and Turkish liras.

Restaurants and most hotels in Baku accept bank cards. If you are traveling to remote areas, make sure to have cash because there are no POS terminals there.
Public transport in Azerbaijan is developed and cheap. There are buses and metro available in the capital. A single ride on the Baku Metro or standard city buses costs a flat fare of 0.60 AZN (approx. $0.35), regardless of the distance. For new buses, only BakiKard credit card is used. The card can be purchased at any metro station or bus stop. BakiKard costs 2 AZN (1$).
To use the metro and the modern red buses, you must purchase a plastic transport card called BakiKart. The card itself costs 3 AZN (approx. $1.75) and can be bought and topped up with cash or card at automated terminals located at any metro station or major bus stop.

Private taxis in Azerbaijan have no fixed prices and you can always bargain. At the same time, they can easily cheat and ask for double price. The iconic official purple "London cabs" are equipped with taximeters, but they can still be expensive. The safest, easiest choice is to use taxi apps with fixed rates. The most popular taxi apps in Baku are Bolt, Uber AZ, and Yango. An average ride across the city center via these apps typically costs only 3 to 6 AZN ($1.75-3.50).
In Baku, a bed in a well-rated, modern hostel during the low season starts at around 25 to 35 AZN ($15-20) per night. Standard 3-star and 4-star hotels usually range from 70 to 140 AZN ($40-80). Luxury 5-star hotels (such as the Four Seasons or Fairmont Flame Towers) are significantly more expensive, with rates starting from 250 to 450+ AZN ($150-260+) per night. Tourism is still on the stage of development this is why Couchsurfing is not an option for Azerbaijan.

In Baku, there are short term apartments and suites that are cheaper than a hotel room and with no less comfort. The closer the apartment is to the center the more expensive is the rent.
What concerns a long term rental, a modern one-bedroom apartment in the city center costs between 800 and 1,300+ AZN ($470-760+) per month, while comfortable options in mid-range districts cost from 500 to 750 AZN ($295-440).
Posh restaurants and glamorous cafes in Baku are rather expensive. Tourists more often choose restaurants with national cuisine and a traditional atmosphere. The prices in such places are relatively low.
Dinner for two in an inexpensive restaurant | 25-40 AZN ($15.00-23.50) |
Dinner in a mid-range restaurant for two | 60-100 AZN ($35.00-59.00) |
Meal at fast food chain | 11-15 AZN ($6.50-8.80) |
Cappuccino | 5-8 AZN ($2.95-4.70) |
Black Coffee | 2-4 AZN ($1.2-2.35) |
Tea | 3-5 AZN ($1.75-2.95) |

The prices for food in local supermarkets are presented below;
Milk (1l) | 2.20-3.20 AZN ($1.30-1.90) |
A loaf of white bread | 0.60-1.00 AZN ($0.35-0.60) |
Cheese (1kg) | 11-18 AZN ($6.50-10.60) |
Eggs (12) | 2.60-3.60 AZN ($1.50-2.10) |
Bottle of water (1.5l) | 1.00-1.50 AZN ($0.60-0.90) |
Chicken breast (1kg) | 8.50-11.50 AZN ($5.00 -6.75) |
Beer (local 0.5l) | 2.50-4.00 AZN ($1.50-2.35) |
Beer (imported, 0.33l) | from 5.50 AZN ($3.25) |
Wine | 12-22 AZN ($7.00-13.00) |
Apples (1kg) | 1.50-3.00 AZN ($0.90-1.75) |
Bananas (1kg) | 2.80-3.80 AZN ($1.65-2.25) |
Oranges (1kg) | 3.00-5.00 AZN ($1.75-2.95) |
Potatoes (1kg) | 1.00-1.60 AZN ($0.60-0.95) |
Tomato (1kg) | 2.50-6.00 AZN ($1.50-3.50) |
Cucumber (1kg) | 2.00-4.50 AZN ($1.20-2.65) |
There are three mobile operators in Azerbaijan, Azercell, Bakcell and Nar mobile. Azercell has the largest coverage on the territory with low prices for calls and the internet. For tourists, their most popular starting option is the Azercell Travel prepaid package, which includes 30 GB of data and 100 minutes of local/international calls for 39 AZN ($23.00), valid for 30 days.
The second-largest mobile operator is Bakcell. Their dedicated TravelSIM 35 package costs 35 AZN ($20.50) and provides 30 GB of data along with a balanced mix of domestic and international minutes. The detailed information about packages and prices are provided at the service centers of the mobile operator.
Nar mobile offers cheap internet packages. For travelers, they offer a TouristSIM package for 34 AZN ($20.00), which includes 20 GB of general internet plus 20 GB of social media data.
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