Azerbaijan’s official currency is the Azerbaijani manat, abbreviated as AZN. One manat is divided into 100 gepiks (centimes). Coins in circulation include 1, 3, 5, 10, 20, and 50 gepiks, while banknotes are available in denominations of 1, 5, 10, 20, 50, 100, and 200 manats.
As of July 22, 2024, 1 Azerbaijani manat equals approximately 0.54 euros.
Housing
The real estate market in Azerbaijan has been dynamic for several years. Property prices vary by region and location but remain attractive compared to neighboring countries.
Renting a one-bedroom apartment in Baku costs on average 781 AZN (424.13 EUR) in the city center and 432 AZN (234.60 EUR) outside the center.
For buyers, the price per square meter in central Baku ranges from 2,500 to 4,000 AZN (1,357.66–2,172.26 EUR). Outside the city center, prices typically range between 1,200 and 2,200 AZN (651.68–1,194.74 EUR) per square meter.
Additional Charges
Utility costs are an important part of the housing budget. The average monthly utility bill for an 85 m² apartment is 102.83 AZN (55.84 EUR), covering electricity, heating, air conditioning, and water.
Average utility rates include:
- Electricity: 0.080 AZN (0.043 EUR) per kWh
- Gas: 0.080 AZN (0.043 EUR) per kWh
Grocery Prices
Grocery costs in Azerbaijan are significantly lower than in many European countries. Compared to France, some items can be up to 350% cheaper.
Examples of average prices:
- Rice (1 kg): 2.14 EUR
- Eggs (12): 1.30 EUR
- Chicken fillets (1 kg): 4.11 EUR
- Red meat (1 kg): 8.91 EUR
- Apples (1 kg): 0.90 EUR
- Bananas (1 kg): 1.50 EUR
- Tomatoes (1 kg): 1.52 EUR
- Onions (1 kg): 0.44 EUR
- Salad (1 head): 0.44 EUR
- Milk (1 L): 1.21 EUR
- Water (1.5 L): 0.53 EUR
- Imported beer (33 cl): 2.52 EUR
Transportation
Domestic flights are operated by Azerbaijan Airlines (AZAL), connecting Baku with other cities:
- Baku–Fuzuli: from 156 AZN (84.72 EUR) round trip
- Baku–Ganja: from 600 AZN (325.85 EUR) round trip
- Baku–Nakhchivan: from 736 AZN (400 EUR) round trip
Buses are widely used, with an average fare of 0.41 AZN (0.22 EUR) per trip.
The Baku Metro operates three lines and 27 stations. Since July 1, 2024, a single ride costs 0.50 AZN (0.27 EUR).
Taxis are very popular, especially in Baku. City rides generally cost between 2.50 and 3.70 AZN (1.36–2.01 EUR).
For drivers, the average price of gasoline is 1.13 AZN (0.61 EUR) per liter.
Healthcare System
Healthcare in Azerbaijan is developing rapidly, particularly in Baku, where private clinics offer high-quality services.
Typical medical costs include:
- General practitioner consultation: 55–185 AZN (30–100 EUR)
- Specialist consultation: 90–425 AZN (50–230 EUR)
- Gynecologist consultation: 260 AZN (141.23 EUR)
- Wisdom tooth extraction: from 261 AZN (142 EUR)
- LASIK surgery: 1,675 AZN (910 EUR)
Due to limitations in the public healthcare system, expatriates are advised to obtain international health insurance with emergency evacuation coverage.
Education System
Azerbaijan offers a comprehensive education system with both public and private options.
Average costs include:
- Kindergarten: 377 AZN (204.79 EUR) per month
- Primary school: 10,000 AZN (5,432 EUR) per year
In Baku, the Lycée Français de Bakou offers multilingual education with annual fees ranging from 9,680 AZN (5,500 EUR) for nursery to 22,990 AZN (12,488 EUR) for high school.
Telecommunications
Monthly telecommunications costs are affordable:
- Mobile plan with 10 GB+ data: 21.19 AZN (11.49 EUR)
- Home internet (60 Mbps+ unlimited): 23.85 AZN (12.93 EUR)
Sports and Leisure
Azerbaijan offers diverse leisure activities at reasonable prices:
- Heydar Aliyev Center: 15 AZN (8.15 EUR) for adults
- Highland Park: free entry, funicular 1 AZN (0.54 EUR)
- Gobustan Reserve: 10 AZN (18.41 EUR) for foreigners
- Museums: average 5 AZN (2.72 EUR)
- Cinema ticket: 10 AZN (5.42 EUR)
- Fitness club membership: 73.48 AZN (39.85 EUR)
With Siso Travel, you can explore Azerbaijan with confidence, enjoying clear guidance on costs, currency, and everyday life to plan your stay comfortably and efficiently.
