What is average wage in Russia? Average Wages in Russia increased to 71334 RUB/Month (869.847 USD/Month) in March 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.
The minimum wages have been revised in Russia with effect from 01 January 2023. The federal minimum wage has changed from RUB15,279.00 to RUB16,242.00 per month. The minimum wages for all regions and territories have also been revised.
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.
Summary of cost of living in Russia: A family of four estimated monthly costs are 1,863.9$ (150,829.9руб) without rent. A single person estimated monthly costs are 533.7$ (43,190.0руб) without rent.
The majority of Russians, as per 45 percent of the polled respondents, were paying between 5 and 15 thousand Russian rubles per month for rented housing as of July 2019. Over 20 thousand Russian rubles for the residential rental fee was submitted by 17 percent of the surveyed population.
The average cost of living in Russia for families can be anywhere from 30,000 rubles to 35,000 rubles per month, excluding utilities. While Moscow and Saint Petersburg are relatively expensive to live in, Novosibirsk is one of the cities in Russia with low cost of living.
An average meal at a modest restaurant should cost around 500 roubles (just over $8), with a three-course meal at a mid-range establishment costing 2,000 roubles ($30). But of course, this varies enormously depending on the city, cuisine, and even the time of day.
Housing costs in Russia
According to Numbeo, a one-bedroom flat in the center of Moscow costs 50,000 p. to 100,000 p. Meanwhile, outside the city center, prices are, on average, 40,000 p. For a three-bedroom apartment in Moscow city center, you can expect to pay about 145,000 or 75,000 on the outskirts.
The price is 0.70 USD. The average price for all countries is 0.93 USD. The database includes 91 countries.
Latest data on Wages High Skilled (RUB/Month)
Average wages for high skilled employees in Russia increased to 48300 RUB/Month (687.276 USD/Month). The maximum level was 48300 RUB/Month and minimum was 33300 RUB/Month.
Russia Annual Household Income per Capita reached 7,932.623 USD in Dec 2022, compared with the previous value of 6,561.323 USD in Dec 2021. Russia Annual Household Income per Capita data is updated yearly, available from Dec 1992 to Dec 2022, with an averaged value of 5,523.525 USD.
The average nominal salary in Russia was measured at approximately 57.2 thousand Russian rubles per month in 2021, marking an increase of 5.9 thousand Russian rubles compared to the previous year.
The standard working week in Russia is 40 hours per week, 8 hours per day. Overtime compensation is compulsory if work time exceeds the standard number of work hours. The maximum number of overtime hours is 4 hours in two successive days and 120 hours per year.
At the beginning of the 2022 Russian invasion of Ukraine, McDonald's had over 800 restaurants across Russia with a total of 62,000 employees, "hundreds" of suppliers, and millions of daily customers.
Cigarettes are available in high- (at least RUB 30 or US$ 1.10 per pack), middle- (RUB 10–29 or US$ 0.37–1.10 per pack), and low- (less than RUB 9 or US$ 0.33 per pack) priced categories. Non-filtered cigarettes are available for as little as RUB 4 (US$ 0.15) per pack of 20.
When asked to rate their general satisfaction with life on a scale from 0 to 10, Russians gave it a 5.5 grade on average, lower than the OECD average of 6.7. For more information on estimates and years of reference, see FAQ section and BLI database.
The average cost of living for a family in Australia will range between AUD 2500 and AUD 3000 every month. Sydney is by far the most expensive city to live in Australia, followed by Melbourne, Brisbane, Adelaide, and Canberra.
Any legal entity or individual may own private land in the Russian Federation, subject to certain restrictions which regulate the legal status of the land plot. Foreign nationals and legal entities enjoy the same rights to land plots as Russian individuals and legal entities.
On average, doctors in Russia earned approximately 102.2 thousand Russian rubles per month in 2022.
Generally, Russian people have three meals a day: breakfast, lunch, and dinner. In Russia, it doesn't take much time to cook breakfast or to eat it.
The price of Combo meal in fast food restaurant (Big Mac Meal or similar) in Moscow is руб 386. This average is based on 43 price points. It can be considered reliable and accurate. Latest update: April 26, 2023.
Prices of alcoholic beverages have been generally following a positive growth trend in Russia over the past decade. Cognac listed as the most expensive, while beer was the cheapest alcoholic beverage compared to the rest. The average price of vodka was measured at roughly 643 Russian rubles per liter in 2021.