In the majority of Russian regions, it is set at RUB 12 130 (approx. EUR 135). The minimum hourly wage is determined by the minimum monthly salary in the regions and amounts to RUB 60-70 (approx. EUR 0.65-0.77).
Russia Annual Household Income per Capita reached 7,932.623 USD in Dec 2022, compared with the previous value of 6,561.323 USD in Dec 2021. Russia Annual Household Income per Capita data is updated yearly, available from Dec 1992 to Dec 2022, with an averaged value of 5,523.525 USD.
The Russian parliament is considering draft Bill No. 307392-8, which provides for an increase in the minimum wage from RUB 15,279 per month to RUB 19,242 per month with effect from 1 January 2024.
The average pay for a Factory Worker is RUB 448,216 a year and RUB 215 an hour in Russian Federation.
The service sector accounts for over half of all jobs in Russia, with retail, tourism, health, and education among the most important service segments. Mining, manufacturing, and construction are the biggest industrial sectors.
Russia usually follows a bi-monthly payment cycle. Salaries must be paid to Russian employees at least once every half month. The date of compensation is usually predetermined in the employment contract.
ARE THERE ANY SPECIFIC EXCEPTIONS IN YOUR LAWS? Under the Russian Labour Code, an individual may be employed upon turning 16 years old (exceptions exist for children of any age who perform at theatres, circuses, etc.). However, Specific rules apply for employees under 18 years old.
In Russia, the minimum wage is 20,589 rubles per month. However, depending on the city and the type of job, the average wage in Russia is 47.9 rubles per month.
As of 2021, Hungary had the lowest average monthly salary of employees in the world in terms of Purchasing Power Parities (PPP), which takes the average cost of living in a country into account. Zimbabwe had the second lowest average wages, with Ethiopia in third.
RENT PER MONTH
It also depends on the particular city you want to live in. If you're looking for an apartment in the center of any major city, it will cost you around 460$. However, if you have your eye on any Russian suburbs, the price will drop to around 270$.
Family of four estimated monthly costs are 1,904.3$ (150,842.2руб) without rent. A single person estimated monthly costs are 545.7$ (43,221.1руб) without rent. Cost of living in Russia is, on average, 50.9% lower than in United States. Rent in Russia is, on average, 75.5% lower than in United States.
What is average wage in Russia? Average Wages in Russia decreased to 63260 RUB/Month (759.753 USD/Month) in January 2023. The maximum rate of average wage for employees was 69278 RUB/Month and minimum was 0 RUB/Month. Data published Monthly by Ministry for Economic Development.
Housing costs in Russia
According to Numbeo, a one-bedroom flat in the center of Moscow costs 50,000 p. to 100,000 p. Meanwhile, outside the city center, prices are, on average, 40,000 p. For a three-bedroom apartment in Moscow city center, you can expect to pay about 145,000 or 75,000 on the outskirts.
How much does a Teacher make? The national average salary for a Teacher is 70,544 РР in Russia. Filter by location to see Teacher salaries in your area. Salary estimates are based on 54 salaries submitted anonymously to Glassdoor by Teacher employees.
the age of majority is 18 years; a child marrying before the age of 18 is considered to be an adult as of the time of marriage (Civil Code);
Under Article 12 of the Family Code 1997 the minimum legal age of marriage is 18 years for both men and women. However, under Article 13 of the Family Code, under special circumstances provided for by the Federal and local legislation, a girl and boy may marry at an earlier age but not younger than 14 years old.
The funds you pay entitle you to claim certain Russian social welfare benefits, such as unemployment benefits, basic healthcare in Russia, maternity and child benefits, and a Russian pension, although conditions apply.
As of January 2021, tax residents pay a 13% tax rate on an annual income of up to 5 million p. Income above this limit is subject to 15% taxes. Meanwhile, Russian-sourced income is taxed at 30% for non-residents. Self-employed persons pay 4-6% on turnover.
Prices: At a modest restaurant, you can expect to pay about 500 roubles ($8) for a meal; at a mid-range restaurant, a three-course meal will cost around 2000 roubles ($35). A Business lunch option which includes a multi-course meal and a drink is offered at many restaurants – usually between 300-500 roubles.
Generally, Russia is a safe country for expats. However, both the US Department of State and the UK Foreign and Commonwealth Office advise against travel to the North Caucasus region or to the Crimea, due to ongoing political unrest in these areas.
The majority of Russia's labor force works in the services sector, which accounts for more than half of the jobs in the country. About 30 percent work in the industry sector and the rest in agriculture.