
Kapan, Armenia
Kapan is a major city in Armenia with a population of 50,000.
Overview
Kapan is a city in Syunik with a population of 50,000. Kapan is a major city in Armenia with a population of 50,000. Housing is more affordable than the national average. The overall cost of living is below the national average. Gardening thrives here — the 5a growing zone supports Cool — many vegetables, some fruit trees. A large share of residents hold a bachelor’s degree or higher. The city enjoys abundant sunshine, with about 260 sunny days a year.
Last updated: August 30, 2026
Below Average vs Armenia Avg (100)
Affordable
Household income
Job market health
Kapan vs Armenia Average
Taxes
- State Income Tax: None
- Sales Tax: 20.0%
Economy & Jobs
- Median Income: ֏ 600,000
- Unemployment: 5.0%
- Population: 50,000
Climate
- Sunny Days: 260/year
- Summer High: 84°F
- Winter Low: 22°F
- Farming Zone: USDA Zone 5a
Housing
- Median Home: ֏20,000,000
- 1BR Rent: ֏50000/mo
Cost of Living
Kapan's cost of living index is 60 (Armenia average = 100).
| Category | Kapan | National Average | Difference |
|---|---|---|---|
| Overall | 60 | 100 | -40.0% |
| Housing | 62 | 100 | -38.0% |
Data source: Council for Community and Economic Research (C2ER), 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | ֏20,000,000 |
| Median Rent (1BR) | ֏50000/mo |
| Median Rent (2BR) | ֏62,500/mo |
| Price per Sq Ft | ֏13,333 |
Data source: Zillow Research, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Kapan:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | ֏15000 | |
| Heating & Cooling | ֏87 | Estimated based on local climate. |
| Cooling (AC) | N/A | Estimated based on local climate and electricity rates |
| Water | ֏5000 | Includes sewer |
| Internet (100+ Mbps) | ֏5000 | Broadband average |
| Garbage / Trash | Included in taxes | Municipal service (covered by property taxes) |
| Total Utilities | ֏25087 | Monthly estimate (including heating & cooling) |
Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow
Remote Work Score
Kapan scores —/100 for remote work readiness:
Climate
Kapan has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 42°F | 22°F | 2.5" |
| April | 69°F | 37°F | 2.8" |
| July | 84°F | 59°F | 1.5" |
| October | 64°F | 40°F | 2.2" |
Cool — many vegetables, some fruit trees
Natural Hazards
Kapan faces the following natural hazards:
Active seismic zone with significant earthquake risk.
Caucasus region with frequent landslides.
Caucasus region with avalanches.
Based on historical records and geographic risk assessment.
Taxes
- State Income Tax: 0% (None)
- Sales Tax: 20%
- Property Tax: ~0.3% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 5.0%.
Schools & Education
Academic Schedule
Armenian Apostolic Church holidays are observed.
Demographics
The population of Kapan is diverse. The figures below show the ethnic, educational, and religious composition of the local population.
Ethnicity
Education
Religion
City-level demographic data is not available for this location. The figures shown are national averages, which may differ from actual conditions in this city.
Data source: Statistical Committee of Armenia (2011)
Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.
Frequently Asked Questions
What is the cost of living in Kapan, Armenia?
The cost of living index in Kapan is 60, which is Lower the Armenia national average of 100.
How much does it cost to buy a home in Kapan?
The median home price in Kapan is ֏20,000,000. The housing index is 62.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Kapan is approximately ֏50000/mo.
Does Kapan, Syunik have income tax?
Kapan is in Syunik, which has no income tax.
What is the climate like in Kapan?
Kapan enjoys approximately 260 sunny days per year. Summer highs reach around 84°F, while winter lows can drop to around 22°F.
Data Sources
- Cost of Living: Council for Community and Economic Research (C2ER), 2026
- Housing Data: Zillow Research, 2026
- Income & Employment: US Census Bureau American Community Survey, 2024
- Utilities U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow
Data last updated: September 13, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.