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Because of adjustments that are rapid trade prices, the buck value of Ukrainian salaries and expenses of residing changed considerably in 2013-2015.

Is it possible to live on $50/month in your nation? In Ukraine, it is possible to.

(browse the report from the real trial below. )

Alterations in Ukrainian Salaries (in USD)

The buck worth of the average Ukrainian income dropped about two times since mid-2013, as a result of the change price changes: 49-62% with regards to the area.

The hryvnia worth of wages slightly increased during the time that is same.

The map below demonstrates how a salary that is average because of the area since June 2013.

• The income that is average individual during this time period decreased in Ukraine from US $429 to $200, reported KP.ua.
• Salaries in Kiev will always be the best when you look at the nation: 6900 hryvnia/month ($314) in 2015 when compared with 5238 hryvnia/month ($655) in 2013.
• Termopil and Chernivtsy have actually the lowest salaries, almost 1/3 less than an average of country-wide.

Values of salaries in Ukraine in 2015 (USD), by area — click to expand. (Graphics: KP.ua)

Costs of Residing In Ukraine

Costs for products and services increased whilst the worth of hryvnia, the Ukrainian that is local currency dropped.

Costs of residing in Ukraine increased since 2013.

17 September 2015 Ukrainian Rada authorized a raise into the formal minimum associated with the expenses of residing from 1176 to 1330 hryvnia/month, and also the salary that is minimum 1218 to 1378 hryvnia/month. The modifications are going to be implemented from 1 December 2015.

Properly, the minimal hourly wages changed from 7.29 to 8.25 hryvnia ($0.33 to $0.38 each hour).

Formal minimal expenses of residing for various types of people (every month):

• Kids 0-5 years of age: 1167 brazilcupid hryvnia ($53)
• Kids 6-17: 1455 hryvnia ($67)
• Adults 18+: 1374 hryvnia ($63)
• Disabled: 1074 hryvnia ($49)

Exactly What Experts Think

Nevertheless, professionals state that the true expenses of surviving in Ukraine are more than perhaps the newly modified formal numbers.

Andrey Vigiringsky, the deputy manager associated with company “Public Audit”, reported that their calculations had been made in line with the factual expenses of residing and inlfation, so that you can match the requirements of in 2013, reported, reported Finance.ua.

• According to “Public Audit”, the minimum income should be 2487 hryvnia/month, and retirement benefits 1938 hryvnia/month.
• Economist Andrey Martynyuk agrees that the minimal wage should be at the least 2,500 hryvnia/month.
• Kiev’s attorney Stanislav Batrin thinks that the expense of residing must be raised to 7,000 hryvnia/month within 36 months.
• In accordance with UBS score released in September 2015, Kiev may be the cheapest money on the planet to call home in. The report posted by the financial institution states that a household needs $1237/month to obtain by within the Ukrainian capital, aided by the further $540 necessary to spend the lease. (Those figures are significantly greater than exactly exactly exactly what locals really go on. ) Kiev can be in the bottom of wage maps by UBS.
• Regional realtors state that the typical cost for leasing a studio apartment in Kiev is about $230/month. Bigger flats will definitely cost more. Local costs for apartment lease are somewhat reduced.

Movie Report: the way I Lived in the Minimum Salary for thirty days

Dmitry Chistyakov, a reporter associated with Ukrainian TV show “Utro” (“Morning”) lived for 30 days from the minimal income, that is presently 1218 hryvnia (around United States $50).

Dmitry Chistyakov lived for 1 month in the minimal Ukrainian wage of 1218 hryvnia (US$50). Because of the end of this thirty days, he had 23.81 hryvnia left (around $1).

He were able to endure with this quantity, as well as had 23 hryvnia left at the final end, which occurred as a result of unexpected cost cost savings on bills. No food was had by him left in the home.

Nonetheless, their summary ended up being, “You cannot live such as this, it is possible to scarcely survive”.

50 % of their “salary” allowance the journalist assigned to spending money on electricity and communal solutions for their apartment, that he has, and purchasing a month-to-month travel pass for trains and buses. Chistyakov bought the pass for 200 hryvnia ($9.17), and left 400 ($18.35) for bills at the conclusion for the thirty days.

An urgent medical condition, a strained ankle, forced him to pay 100 hryvnia ($4.59), which he had to expend on purchasing the bandage that is cheapest in a pharmacy. The day at the physician had been included in the insurance that is medical.

Chistyakov lived mostly on veggie soups, breads, and porridges, forced to buy the cheapest (damaged) veggies into the markets, to be able to easily fit into their month-to-month spending plan.

300 hryvnia ($14) ended up being used on meals in 30 days. He prepared their dishes himself.

The reporter destroyed 10 kg (22 pounds) through the thirty days.

“I am delighted that the test is finished, ” the writer that is brave at the conclusion. “I don’t feel perfectly. ”

“What am we planning to feed you? Let’s earn some porridge. ”

Their dog ended up being another cost which he understood ended up being unaffordable for an individual for a salary that is minimal. For just two months his friends were caring for your dog, nevertheless the final months he needed to feed your dog by himself. This forced him to truly save much more on their very own dishes.

The exact same with dating: The guy that is single just manage to just take their date for a stroll or watch a free of charge movie in a park.

“It’s okay now, exactly what can you do whenever it becomes colder and begins raining? ” he asked.

Purchasing drinks and sometimes even a coffee in a cafe will be unaffordable, he concluded.

Dmitry was able to buy 2 tops (10 hryvnia each) at a second-hand store. “To buy warmer clothing, one could need to save your self for months, ” he claimed.

He does not point out the expenses of Web and phone that is mobile that are minimal in Ukraine.

The correspondent had 23 hryvnia left by the end of the month. It happened because Dmitry planned to blow 400 hryvnia on water and electricity bills, also it just are priced at him 376 hryvnia.

Facts about expenses of surviving in Ukraine:

• Every 4th Ukrainian lives about this amount that is monthly1218 hryvnia/month).
• The minimal retirement in Ukraine happens to be 949 hryvnia.
• The specific salary that is average Kiev is $314 (6900 hryvnia) each month, which will be 6 times a lot more than the quantity the correspondent had been forced to survive.
• Charges for meals and solutions in areas are less than within the money.