Living Wage Family in Russia increased to 23700 RUB/Month in 2018 from 23500 RUB/Month in 2017. source: WageIndicator Foundation

Living Wage Family in Russia averaged 23325 RUB/Month from 2015 until 2018, reaching an all time high of 23700 RUB/Month in 2018 and a record low of 23000 RUB/Month in 2015. Russia Living Wage Family - values, historical data and charts - was last updated on September of 2022.

Living Wage Family in Russia is expected to reach 23937.00 RUB/Month by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Living Wage Family is projected to trend around 23578.00 RUB/Month in 2023 and 23106.00 RUB/Month in 2024, according to our econometric models.

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Russia Living Wage Family

Related Last Previous Unit Reference
Wages Low Skilled 19900.00 13100.00 RUB/Month Dec 2018
Wages High Skilled 48300.00 37600.00 RUB/Month Dec 2018
Living Wage Individual 14500.00 14800.00 RUB/Month Dec 2018
Living Wage Family 23700.00 23500.00 RUB/Month Dec 2018

Russia 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
23700.00 23500.00 23700.00 23000.00 2015 - 2018 RUB/Month yearly