Stroll streets rich in grand Soviet-era architecture, or pore through ancient manuscripts at the Matenadaran Library — Yerevan is one of the cheapest cities to live in with lots to do. Save a bundle over a New York City lifestyle. Rents are 91 percent cheaper in Yerevan, and you’ll pay 72 percent less for groceries. Yerevan, Armenia's capital, is marked by grand Soviet-era architecture. The Matenadaran library, housing thousands of ancient Greek and Armenian manuscripts, dominates its main avenue. Republic Square is the city's core, with musical water fountains and colonnaded government buildings. The 1920s History Museum of Armenia on the square's eastern side contains archaeological objects like a circa-3500-B.C. leather shoe.
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