Living Wage Family in Azerbaijan increased to 940 AZN/Month in 2018 from 885 AZN/Month in 2017. source: WageIndicator Foundation

Living Wage Family in Azerbaijan averaged 911.25 AZN/Month from 2015 until 2018, reaching an all time high of 940 AZN/Month in 2016 and a record low of 880 AZN/Month in 2015. Azerbaijan Living Wage Family - values, historical data and charts - was last updated on July of 2022.

Living Wage Family in Azerbaijan is expected to reach 775.00 AZN/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Living Wage Family is projected to trend around 795.00 AZN/Month in 2021, according to our econometric models.

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Azerbaijan Living Wage Family

Related Last Previous Unit Reference
Wages Low Skilled 341.00 447.00 AZN/Month Dec 2018
Wages High Skilled 666.00 638.00 AZN/Month Dec 2018
Living Wage Individual 865.00 825.00 AZN/Month Dec 2018
Living Wage Family 940.00 885.00 AZN/Month Dec 2018

Azerbaijan Living Wage Family
WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates.
Actual Previous Highest Lowest Dates Unit Frequency
940.00 885.00 940.00 880.00 2015 - 2018 AZN/Month yearly