Yerevan named most expensive city in South Caucasus

Yerevan, the capital of Armenia, appears to be the most expensive city in the South Caucasus, according to Cost of Living Index by City 2020 released by Numbeo, a global leader in comparing cost of living worldwide.

In total, the ranking list includes 440 cities. According to Numbeo, the most expensive city at the beginning of 2020 is Zurich, followed by Basel and Lausanne.

Switzerland’s Geneva and Bern have been named the world’s fourth and fifth most expensive countries.

Yerevan ranks 380th in the world with an overall cost of living index of 33.04, making it the most expensive city in the South Caucasus, since Baku, ...