Due to the fact that many people visit this amazing country and somehow get fascinated by it, deciding to move to Azerbaijan is not uncommon and should not be taken as craziness.
For those who settle there, the cost of living in Azerbaijan would vary, as their lifestyles are distinct and their daily lives differ.
However, generally spoken, the prices can be relatively high compared to many other destinations and what is even more important, they are rising in recent years.
Dining out is always attractive and tourists like it, as restaurant meals are not expensive for those earning salaries in more developed countries.
On the other hand, workers with minimum wages would not take it as a pleasure, since it will make a huge hole in their budget.
When it comes to food, the prices are affordable, but only for those items that are produced in the country itself and they can be found at the local markets.
Imported products are available, but they are far too expensive.
Azerbaijan boasts a very low price of bread.
Car owners and drivers will be very satisfied with the gasoline price in Azerbaijan.
Buying a gallon of it at the price of half of dollar is more than affordable.
That is also the reason why the public transport in Azerbaijan is inexpensive and you can have a monthly pass for just $9.
Housing is probably the biggest expense in Azerbaijan and above all those high prices utilities come.
Mobile phone tariff is low and very affordable.
For all the other services, such as water, electricity and the Internet access, you will need to separate approximately $50, which people from more developed countries would consider ridiculously low.
SPORTS & LEISURE
Azerbaijan is a country where it is affordable to see the latest cinema releases at the price of less than $5.
On the other hand, doing sports and exercising in the gym can be expensive, due to the low wages of the inhabitants.
Tennis court rent is quite high, too.
CLOTHING & SHOES
A large number of foreigners relocating to this country would find designer clothes affordable.
Nevertheless, clothing prices are not reasonable in relation to the monthly salaries of the inhabitants.
Having a $60 monthly wage and buying running shoes at the price of $80 is definitely unreasonable and impossible to handle.
RENT PER MONTH
Once in Azerbaijan, you can either buy or rent a place to live.
Since the mortgage interest rates are high and salaries are not, finding and paying accommodation in Azerbaijan is difficult and expensive.
The prices of the same size apartments differ depending on the area of the city where it is located.
Cost of Living Averages Table for Azerbaijan
|Average Restaurant Prices|
|Meal (Inexpensive Restaurant)||$ 5.87|
|Domestic Beer (0.5 Liter)||$ 0.88|
|Water (0.33 Liter)||$ 0.21||Average Market Prices|
|Milk (1 Liter)||$ 0.84|
|Loaf Bread (500g)||$ 0.28|
|Eggs (12)||$ 1.20||Average Transport Prices|
|One Way Ticket||$ 0.18|
|Monthly Pass||$ 8.81|
|Gasoline||$ 0.54||Average Utilities Prices|
|Basic (Water, Electricity, Garbage, Heating, Cooling)||$ 40.27|
|1 min. of Prepaid Mobile Tariff Local||$ 0.04|
|Internet (Unlimited Data, Cable/ADSL)||$ 14.29||Average Leisure Prices|
|Fitness Club, Monthly Fee for 1 Adult||$ 31.16|
|Tennis Court Rent (1 Hour)||$ 12.43|
|Cinema, 1 Seat, International Release||$ 4.11||Average Clothing Prices|
|1 Pair of Jeans (Levis 501 Or Comparable)||$ 39.66|
|1 Summer Dress in a Chain Store (Zara, etc...)||$ 40.21|
|1 Pair of Adidas Walking Shoes (Mid-Range)||$ 81.00||Average Rent Prices|
|Apartment (1 bedroom) in City Center||$ 289.77|
|Apartment (1 bedroom) Outside of Center||$ 151.80|
|Apartment (3 bedrooms) in City Center||$ 581.93|
How Does the Average Person Spend Their Money in Azerbaijan?
Average living expenses in Azerbaijan are lower compared to other countries.
The housing market and transportation are more than affordable for people getting salaries in their own countries and living in Azerbaijan.
That is why the moving to Baku can decrease your daily costs of living.
The most money is spent on food, and buying vegetables and fruit at the local markets can improve your budget status rather than purchasing groceries at the supermarkets.
The least money is given for utilities and clothing items.
Azerbaijan: Average Salary, Minimum Wage & Mortgages
Salaries in Azerbaijan are still relatively low in comparison to other countries in the region and it is considered impossible that somebody would be paid only $65 for his/her monthly work.
But that is not unusual here as many factory workers get just that minimum.
The prices are thus lower than in other countries, but still not so affordable compared to such a little wage.
Those who earn the average monthly salary can afford normal living conditions, but again, if they rent an apartment, almost whole salary will be given to the landlord.
Cost of Living by City in Azerbaijan
*Click the name of the city for more information.
|City||Cost of Living Index|