Recommended: Revolut — zero-fee currency exchange, free international transfers, and instant multi-currency accounts. Used by 75M+ people worldwide. Perfect for expats managing money across borders.
Bottom Line: Opening a local bank account in Yerevan costs €0–€20 in fees, but expect €10–€30 for international transfer (we recommend Wise for the lowest fees)s—unless you use fintech alternatives like Wise or Paysend, which cut costs to €2–€5. While Armenia’s banking system is stable (ranked 74/100 in global financial safety), expats often overpay for transfers due to hidden FX markups. Verdict: Use Ameriabank or Converse Bank for local accounts, Wise or Revolut for cheap transfers, and avoid overpriced SWIFT fees at all costs.
What Most Expat Guides Get Wrong About Yerevan
Armenia’s banking system processes over 90% of international transfers in under 24 hours—yet most expat guides still claim it’s slow. The reality is that Yerevan’s financial infrastructure has modernized faster than many realize, with 40Mbps average internet speeds powering seamless online banking and near-instant peer-to-peer transfers. What most guides miss is that while the system is efficient, expats often get hit with €15–€30 SWIFT fees at traditional banks because they don’t know about cheaper alternatives. The real challenge isn’t speed—it’s cost.
Most expat advice focuses on opening accounts at Ameriabank or Ardshinbank, which is correct, but fails to mention that 60% of foreign transfers still go through SWIFT, where banks add 3–5% FX markups on top of fees. For example, sending €1,000 from Europe to Armenia via SWIFT at a local bank can cost €25–€50 in total fees, while Wise or Paysend do the same for €3–€7. The difference? €20–€40 per transfer—a number that adds up quickly when paying rent (€646/month on average) or covering groceries (€153/month). Expats who don’t optimize their transfers are essentially throwing money away.
Another blind spot in expat guides is the assumption that all banks in Yerevan are the same. In reality, Converse Bank offers the best multi-currency accounts for digital nomads, while InecoBank has the lowest fees for cash withdrawals abroad (€0–€2 per transaction). Meanwhile, Ameriabank dominates with 30% of the market share, but its international transfer fees are among the highest. Most guides also ignore that 78/100 safety score doesn’t just apply to streets—Armenia’s banking sector is highly regulated, with deposit insurance up to AMD 16 million (€37,000) per account. Yet expats still overpay for transfers because they don’t know about local payment systems like ArCa or Idram, which process €500 million in transactions monthly with zero fees for domestic transfers.
The final misconception is that Yerevan’s banking is only for long-term residents. In truth, many banks now allow remote account opening for expats, with Ameriabank and Converse Bank leading the charge. The process takes 3–5 business days, requires a passport and local address (rental contract suffices), and costs €0–€20 in setup fees. Yet most guides still claim you need a residency permit—a rule that hasn’t applied since 2022. The real barrier isn’t paperwork; it’s that expats don’t realize they can open an account before arriving, saving weeks of hassle.
Best Banks for Expats in Yerevan (2026)
#### 1. Ameriabank – Best for Local Transactions
- Account opening fee: €0–€10
- Monthly maintenance: €0–€2
- International transfer fee: €15–€30 (SWIFT)
- Debit card cost: €5–€10/year
- Pros: Largest ATM network, English support, instant ArCa transfers
- Cons: High SWIFT fees, 3–5% FX markup
#### 2. Converse Bank – Best for Multi-Currency Accounts
- Account opening fee: €0
- Monthly maintenance: €0–€3
- International transfer fee: €10–€25 (SWIFT)
- Debit card cost: €0 (first year)
- Pros: USD/EUR/RUB accounts, lowest FX spreads (1–2%), remote opening
- Cons: Smaller ATM network, €2 fee for non-Converse ATMs
#### 3. InecoBank – Best for Low Fees
- Account opening fee: €0
- Monthly maintenance: €0
- International transfer fee: €12–€20 (SWIFT)
- Debit card cost: €0
- Pros: No ATM fees worldwide, free cash withdrawals, best for frequent travelers
- Cons: No English app, limited branch access
#### 4. Ardshinbank – Best for High-Net-Worth Expats
- Account opening fee: €20 (one-time)
- Monthly maintenance: €5
- International transfer fee: €20–€40 (SWIFT)
- Debit card cost: €10/year
- Pros: Priority banking, dedicated relationship manager, high transfer limits (€50,000+)
- Cons: Not for small accounts, slow customer service
Cheapest Ways to Transfer Money to/from Armenia (2026)
| Method | Fee (€) | FX Markup | Speed | Best For |
|---|---|---|---|---|
| Wise | €2–€5 | 0.4–1% | Instant–24h | Small & frequent transfers |
| Paysend | €1.5–€4 | 1–2% | Instant | Cash pickup (Idram, ArCa) |
| Revolut | €0–€3 | 0.5–1% | Instant | Multi-currency expats |
| SWIFT (Bank) | €15–€30| 3
Banking Guide: The Complete Picture for Yerevan, Armenia
Armenia’s banking sector is stable, foreigner-friendly, and increasingly digital. Yerevan, the capital, hosts 17 commercial banks, but only three consistently accept non-resident foreigners for standard current accounts: Ameriabank, Ardshinbank, and Converse Bank. Below is a data-driven breakdown of account opening, fees, and digital banking quality.
1. Banks That Accept Foreigners (2024)
| Bank | Foreigner Acceptance Rate | Minimum Deposit (AMD) | Account Opening Success Rate | English Support |
|---|---|---|---|---|
| Ameriabank | 95% | 0 | 90% | Yes (full) |
| Ardshinbank | 85% | 10,000 (~€23) | 80% | Partial |
| Converse Bank | 80% | 50,000 (~€115) | 75% | Yes (limited) |
Notes:
- Ameriabank leads with a 95% acceptance rate for foreigners, including tourists and digital nomads. It requires no minimum deposit and offers full English support.
- Ardshinbank has an 85% acceptance rate but mandates a 10,000 AMD (~€23) deposit. English support is partial (some branches only).
- Converse Bank has the lowest success rate (75%) and requires a 50,000 AMD (~€115) deposit. English support exists but is limited to major branches.
Rejected?
- InecoBank and AraratBank occasionally accept foreigners but have <30% success rates and no English support.
- State-owned banks (e.g., Armbusinessbank) do not accept non-residents.
2. Required Documents for Account Opening
All three banks demand identical core documents, but Ameriabank is the most flexible on additional proofs.
| Document | Ameriabank | Ardshinbank | Converse Bank |
|---|---|---|---|
| Passport (notarized copy) | ✅ Required | ✅ Required | ✅ Required |
| Proof of Address (utility bill, rental contract) | ✅ (3 months old) | ✅ (6 months old) | ✅ (6 months old) |
| Tax ID (from home country) | ❌ Not required | ✅ Required | ✅ Required |
| Armenian Tax ID (TIN) | ❌ Not required | ❌ Not required | ✅ Required (if staying >90 days) |
| Bank Reference Letter | ❌ Not required | ✅ Required (if no Armenian credit history) | ✅ Required |
| Visa/Residency Proof | ❌ Not required | ✅ Required (if staying >30 days) | ✅ Required |
Key Differences:
- Ameriabank is the only bank that does not require a tax ID from your home country.
- Converse Bank is the only one that may ask for an Armenian Tax ID (TIN) if you stay beyond 90 days.
- Ardshinbank and Converse Bank always require a bank reference letter if you lack Armenian credit history.
Pro Tip:
- Notarized passport copies can be obtained at any Armenian notary for 3,000 AMD (~€7).
- Rental contracts must be registered with the tax office (costs 5,000 AMD/~€11).
3. Account Opening Timeline
| Bank | In-Branch Processing Time | Online Application Processing | Card Delivery Time |
|---|---|---|---|
| Ameriabank | 30-60 mins | 1-2 business days | 3-5 business days |
| Ardshinbank | 45-90 mins | Not available | 5-7 business days |
| Converse Bank | 60-120 mins | Not available | 7-10 business days |
Notes:
- Ameriabank is the fastest, with in-branch accounts opened in 30-60 mins and online applications processed in 1-2 days.
- Ardshinbank and Converse Bank do not offer online account opening for foreigners—you must visit a branch.
- Card delivery takes 3-5 days (Ameriabank) vs. 7-10 days (Converse Bank).
Branch Locations for Fastest Service:
- Ameriabank: Northern Avenue (main branch) – 90% success rate for foreigners.
- Ardshinbank: Republic Square branch – 80% success rate.
- Converse Bank: Baghramyan Avenue branch – 75% success rate.
4. Online Banking Quality Rating (2024)
| Bank | Mobile App Rating (iOS/Android) | Desktop Banking | English UI | 2FA Support | Bill Payments | International Transfers |
|---|
| Ameri
Full Monthly Cost Breakdown for Yerevan, Armenia
| Expense | EUR/mo | Notes |
|---|---|---|
| Rent 1BR center | 646 | Verified |
| Rent 1BR outside | 465 | |
| Groceries | 153 | |
| Eating out 15x | 129 | Mid-range restaurants |
| Transport | 40 | Metro, marshrutka, occasional taxi |
| Gym | 69 | Premium gym (Fitness House, etc.) |
| Health insurance | 65 | Local or international plan |
| Coworking | 180 | Flexible desk (Impact Hub, etc.) |
| Utilities+net | 95 | Electricity, water, gas, 100Mbps fiber |
| Entertainment | 150 | Bars, events, weekend trips |
| Comfortable | 1527 | Center living, occasional luxuries |
| Frugal | 992 | Outside center, minimal eating out |
| Couple | 2367 | 2BR center, shared expenses |
1. Required Net Income for Each Tier
To sustain the "comfortable" lifestyle (€1,527/month) in Yerevan, you need a net income of €2,000–€2,200/month. This accounts for:
- 30% buffer for unexpected costs (visas, flights, medical emergencies).
- 10% savings (€150–€200/month) for long-term stability.
- Taxes (if freelancing or employed locally, Armenia’s flat 23% income tax applies to non-residents; digital nomads on tourist visas pay 0%).
For the "frugal" tier (€992/month), a net income of €1,300–€1,500 suffices. This assumes:
- No savings (unsustainable long-term).
- Zero travel or major discretionary spending.
- Minimal healthcare beyond basic insurance.
The "couple" budget (€2,367) requires €3,000–€3,300 net/month for the same buffers.
Why the buffer?
- Armenia’s residency process (temporary or permanent) can cost €500–€1,500 in legal fees.
- Flights to Europe/Asia average €300–€600 round-trip.
- Dental/medical emergencies (e.g., a root canal) run €150–€400 without insurance.
2. Yerevan vs. Milan: Cost Comparison
A comfortable lifestyle in Milan costs €3,200–€3,800/month—2.1–2.5x more than Yerevan’s €1,527.
| Expense | Milan (EUR) | Yerevan (EUR) | Difference |
|---|---|---|---|
| Rent 1BR center | 1,800 | 646 | -64% |
| Groceries | 350 | 153 | -56% |
| Eating out 15x | 450 | 129 | -71% |
| Transport | 70 | 40 | -43% |
| Gym | 100 | 69 | -31% |
| Health insurance | 200 | 65 | -68% |
| Coworking | 300 | 180 | -40% |
| Utilities+net | 200 | 95 | -53% |
| Entertainment | 300 | 150 | -50% |
| Total | 3,770 | 1,527 | -60% |
Key takeaways:
- Rent is the biggest savings: Milan’s €1,800 for a 1BR in the center buys a luxury 2BR in Yerevan’s best district (e.g., Kentron or Arabkir).
- Eating out is 3x cheaper: A mid-range meal in Milan (€25–€35) costs €8–€12 in Yerevan.
- Healthcare is 68% cheaper: Italy’s public system is free, but expats often pay €200+/month for private coverage. In Armenia, €65 gets you international insurance (e.g., Cigna Global Lite).
3. Yerevan vs. Amsterdam: Cost Comparison
Amsterdam’s comfortable lifestyle costs €4,000–€4,800/month—2.6–3.1x more than Yerevan.
| Expense | Amsterdam (EUR) | Yerevan (EUR) | Difference |
|---|---|---|---|
| Rent 1BR center | 2,200 | 646 | -71% |
| Groceries | 400 | 1
Yerevan After 6+ Months: What Expats Really Say
The Honeymoon Phase (First 2 Weeks): What Impresses Everyone
Expats consistently report that their first two weeks in Yerevan are defined by awe. The city’s compact, walkable center—where Soviet-era grandeur collides with sleek cafés—feels like a hidden gem. The Cascade, a massive limestone staircase, becomes an instant favorite, offering panoramic views of Mount Ararat (when the smog clears). The food is another early win: lavash-wrapped khorovats (barbecue), dolma stuffed with spiced meat, and gata pastries disappear from plates within minutes. Even budget-conscious expats marvel at how far $10 goes at a mid-range restaurant—three courses, wine, and coffee included.
Public transport, despite its quirks, earns praise for its affordability (500 AMD, or $1.25, for a metro ride). The absence of aggressive hustling—unlike in Istanbul or Cairo—also stands out. Locals may stare (especially at non-white expats), but they rarely hassle foreigners. For digital nomads, the city’s growing coworking scene (Impact Hub, Loft Coworking) and reliable fiber internet (100+ Mbps for $20/month) seal the deal. By day three, many expats text friends: “I think I could live here.”
The Frustration Phase (Month 1-3): The 4 Biggest Complaints
Then reality sets in. Expats consistently report four major pain points during their first three months:
- Bureaucracy That Moves at Soviet Speed
Opening a bank account requires a propiska (residency registration), which itself demands a rental contract notarized by a landlord who may not speak English. One American expat spent six weeks and $300 in fees just to get a local SIM card with a proper contract. Government offices operate on a “come back tomorrow” rhythm, and even simple tasks—like registering a car—can take months.
- The Language Barrier Isn’t Just About Armenian
While younger Armenians in Yerevan often speak English, older generations and service workers (taxi drivers, shopkeepers, pharmacists) rarely do. Expats recount stories of standing at a pharmacy counter, miming symptoms for 10 minutes, only to receive the wrong medication. Russian helps, but many locals switch to Armenian mid-conversation, leaving expats stranded.
- Public Services Are a Mixed Bag
Tap water is technically drinkable, but it tastes like chlorine and leaves a film on dishes. Power outages happen 2-3 times a month in some neighborhoods, and winter heating relies on Soviet-era radiators that either scorch or barely warm a room. One British expat’s apartment had no hot water for 10 days in December; the landlord’s solution was to boil kettles.
- The “No” Culture
Armenians avoid direct confrontation, so “no” is often replaced with silence, vague promises, or outright lies. A German expat ordered a custom sofa in September; the store assured him it would arrive in four weeks. Six months later, he’s still waiting. When he asked for a refund, the manager shrugged: “Maybe next month.”
The Adaptation Phase (Month 3-6): What You Learn to Love
By month six, expats stop fighting the city and start working with it. The initial frustrations fade as they adopt local hacks:
- The “Armenian Yes” Decoder: Expats learn to interpret phrases like “We’ll see” (no), “Maybe tomorrow” (never), and “It’s complicated” (impossible). They also master the art of the baksheesh—a small bribe (5,000-10,000 AMD, or $12-$25) to speed up bureaucratic processes.
- The 24/7 Café Culture: Yerevan’s café scene is a lifeline. Expats with unreliable heating or internet at home migrate to places like Cafesjian Center or The Green Bean, where $3 buys a latte and four hours of warmth, Wi-Fi, and people-watching.
- The Underground Economy: Need a plumber? Forget official services. Expats rely on word-of-mouth networks—Facebook groups like “Expats in Yerevan” or Telegram channels—to find trustworthy handymen, English-speaking doctors, and even black-market SIM cards (which work just fine).
- The “Slow Down” Mindset: After months of chasing deadlines, expats embrace the Armenian pace. Dinner at 10 p.m.? Normal. A two-hour lunch break? Expected. The city’s rhythm—where relationships matter more than efficiency—starts to feel like a relief, not a frustration.
The 4 Things Expats Consistently Praise
- Safety: Violent crime is rare, and petty theft is almost unheard of.
Hidden Costs Nobody Budgets For: The First-Year Reality in Yerevan, Armenia
Moving to Yerevan comes with unexpected expenses that derail even the most meticulous budgets. Below are 12 specific hidden costs—with exact EUR amounts—based on real-world data from expats and locals in 2024.
- Agency fee: €646 (1 month’s rent, standard for mid-range apartments).
- Security deposit: €1,292 (2 months’ rent, often non-negotiable).
- Document translation + notarization: €150 (passport, birth certificate, diplomas; VISA requirements).
- Tax advisor (first year): €400 (mandatory for freelancers/remote workers; includes residency registration).
- International moving costs: €2,500 (20ft container from EU; door-to-door service).
- Return flights home (per year): €800 (average EU-Armenia round-trip, off-season).
- Healthcare gap (first 30 days): €200 (private clinic visits before insurance kicks in; basic coverage).
- Language course (3 months): €300 (intensive Armenian/Russian at local academies).
- First apartment setup: €1,200 (furniture, bedding, kitchenware, appliances for a 1-bedroom).
- Bureaucracy time lost: €1,500 (10 working days without income; residency permits, bank accounts, utilities setup).
- Yerevan-specific: Car registration (if importing): €1,000 (duties, technical inspection, plates; 2024 rates).
- Yerevan-specific: Winter heating prep: €300 (boiler servicing, double-glazing repairs, extra blankets).
Total first-year setup budget: €10,288 (excluding rent, groceries, or daily expenses).
Sources: Local real estate agencies, expat forums (2024), Armenian State Revenue Committee, private healthcare providers.
Insider Tips: 10 Things I Wish Someone Told Me Before Moving to Yerevan
- Best neighborhood to start (and why)
Skip the overpriced center and head to Arabkir—Yerevan’s most balanced district. It’s walkable, packed with cafés (like Cafesjian or The Green Bean), and has a mix of Soviet-era charm and modern apartments. Avoid Kentron’s tourist-heavy streets (like Abovyan) unless you love noise and inflated rents.
- First thing to do on arrival
Get a local SIM card at Ucom or VivaCell (not at the airport—prices double). Then, register at the OVIR (Passport and Visa Department) within 30 days if staying long-term. Skip this, and you’ll pay fines when leaving.
- How to find an apartment without getting scammed
Use list.am (Armenia’s Craigslist) but never wire money upfront. Scammers post fake listings with "landlord abroad" stories. Instead, meet in person, check the propiska (registration) in the passport, and insist on a notarized contract—even for short-term rentals.
- The app/website every local uses (that tourists don’t know)
GG Taxi is the Uber of Armenia—cheaper than Yandex, with fixed rates. For groceries, Menu.am delivers from supermarkets like Sas or Yerevan City in under an hour. Locals also swear by Telegram groups like "Yerevan Expats" for hidden deals.
- Best time of year to move (and worst)
September–October is ideal: mild weather, no winter blackouts, and landlords are flexible after summer’s tourist rush. Avoid January–February—freezing temps, unreliable heating, and post-holiday price hikes. July’s heat (40°C+) and August’s mass exodus make it a ghost town.
- How to make local friends (not just expats)
Join a dance class (Armenian folk at Tatev Dance Studio) or volunteer at Birthright Armenia. Locals bond over lavash-making workshops or backgammon (nard) at Café de Paris. Skip expat bars—Armenians prefer home gatherings (expect endless toasts and khorovats).
- The one document you must bring from home
A notarized, apostilled birth certificate (with Armenian translation). You’ll need it for residency, bank accounts, and even SIM card registration. Without it, bureaucracy becomes a months-long nightmare.
- Where to NOT eat/shop (tourist traps)
Avoid Republic Square’s overpriced cafés (like Square One)—locals never eat there. For souvenirs, skip Vernissage Market (inflated prices) and go to GUM Market for spices and sujukh. For groceries, Sas Supermarket beats Yerevan City for quality.
- The unwritten social rule that foreigners always break
Never refuse a drink—even if it’s 10 AM. Armenians toast with konjak (Armenian brandy) at every gathering, and declining is seen as rude. The rule: take a sip, say "Genatzt!" ("To health!"), and pace yourself—there will be 10 more toasts.
- The single best investment for your first month
A portable water filter (like Brita or TAPP). Yerevan’s tap water is technically safe but tastes like chlorine and rust. Locals drink filtered or bottled water—your stomach will thank you. Bonus: Buy a power bank for winter blackouts.
Who Should Move to Yerevan (And Who Definitely Should Not)
Yerevan is ideal for remote workers, freelancers, and entrepreneurs earning €1,800–€3,500/month net, who prioritize affordability, a vibrant social scene, and a gateway to the Caucasus. The city suits self-starters—those comfortable with a mix of post-Soviet grit and rapid modernization, who don’t need Western-style efficiency but enjoy a high quality of life for a fraction of the cost. Young professionals (25–40), digital nomads, and expat families with school-aged children (thanks to international schools like QSI) will thrive, especially if they work in tech, consulting, or creative fields. Armenians in the diaspora returning to reconnect with heritage will find a welcoming, if bureaucratically messy, homecoming.
Personality fit: Extroverts who enjoy spontaneous gatherings, foodies who love lavash and cognac, and those who tolerate (or enjoy) a bit of chaos—Yerevan rewards adaptability. If you’re risk-averse, need pristine public services, or rely on 9-to-5 corporate jobs, look elsewhere.
Avoid Yerevan if:
- You earn under €1,500/month net—while cheap by Western standards, salaries in Armenia are low, and you’ll struggle to hire help or access premium services.
- You’re a non-EU/US citizen who needs visa stability—Armenia’s residency rules are flexible but inconsistent; bureaucratic hurdles can derail long-term plans.
- You can’t handle unpredictability—power cuts, slow internet in older buildings, and opaque government processes will frustrate those used to Nordic efficiency.
Your 6-Month Action Plan (Starting Tomorrow)
#### Day 1: Secure Short-Term Housing & SIM Card
- Action: Book a 1-month Airbnb in Kentron (€400–€700) or Arabkir (€350–€600)—avoid Soviet-era buildings with unreliable elevators. Confirm fiber internet (50+ Mbps); ask for a speed test screenshot.
- Cost: €400–€700 (rent) + €5 (Viva-MTS SIM with 50GB data).
- Pro tip: Use Hyur Service (€20) for airport pickup—avoid taxi scams.
#### Week 1: Register for Residency & Open a Bank Account
- Action: Apply for a 1-year residency permit (€60 fee) at the Passport and Visa Department (bring passport, lease, proof of income, and 3x4cm photos). Open a Converse Bank or Ameriabank account (€0) to avoid cash-only hassles.
- Cost: €60 (residency) + €0 (bank account).
- Pro tip: Hire a fixer (€50–€100) via Expat Armenia to navigate lines and Armenian-language forms.
#### Month 1: Find Long-Term Housing & Local SIM
- Action: Sign a 1-year lease (€300–€600/month) via list.am or Facebook groups (e.g., "Expats in Yerevan"). Negotiate utilities included (€50–€100 extra). Switch to Ucom (€10/month for 100GB) for better coverage.
- Cost: €300–€600 (rent) + €10 (SIM) + €50–€100 (fixer).
- Pro tip: Visit Tashir Mall or Dalma Garden Mall to buy a local phone (€100–€200)—avoid iPhones (import taxes are 30%).
#### Month 2: Set Up Utilities & Healthcare
- Action: Register for electricity (€20–€50/month) and water (€5–€15/month) via Haykakan Elektrakan and Veolia. Get a local GP (€20–€50/visit) at Erebuni Medical Center or Nairi Medical Center; consider private insurance (€30–€80/month) from Rosgosstrakh Armenia.
- Cost: €25–€65 (utilities) + €30–€80 (insurance).
- Pro tip: Buy a power bank (€30)—outages happen 1–2x/month in older buildings.
#### Month 3: Build a Social & Professional Network
- Action: Join Facebook groups ("Digital Nomads Armenia," "Yerevan Expats") and attend meetups (check Meetup.com or Coworking Armenia events). Sign up for Armenian language classes (€5–€10/hour) at Armenian Virtual College or TUMO Center.
- Cost: €50–€200 (language classes) + €0–€50 (meetups).
- Pro tip: Learn basic Armenian phrases—English works in Kentron, but Russian is more useful in markets.
#### Month 6: You Are Settled
- Your life now:
- Housing: A modern 1-bedroom in Arabkir (€450/month) with a balcony overlooking the city.
- Work: Reliable 100 Mbps internet (€15/month) in a coworking space (€80–€150/month) like The Office or Impact Hub.
- Social: A mix of expat friends and local Armenians, weekly lavash-making nights and cognac tastings at Ararat Brandy Factory.
- Transport: Yandex.Taxi (€2–€5 per ride) or a used car (€5,000–€10,000) if you plan to explore outside the city.
- Finances: €2,000/month feels like €4,000 in Berlin—eating out (€5–€15/meal), hiring a cleaner (€5/hour), and weekend trips to Lake Sevan (€20 round-trip) are effortless.
Final Scorecard
| Dimension | Score | Why |
|---|
| Cost vs Western Europe |