How much does it cost?

How much does it cost in Kiev? Facts and Figures: An average Kievan has to work: - 85minutes to buy a Big Mac - 42 minutes to buy 1 kilogram of bread - 45 minutes to buy a kilogram of rice

Minimum monthly salary in Ukraine from the 1st of June 2008 is $120

Basic living expenditure in Ukraine from the  1st of June 2008 is $124

Minimum monthly pension in Ukraine for 2008 is $99

Average net income per hour in Kiev is $2.80

Taxes and social security contribution are 17%

There are 1712 working hours per year

There are 23 paid vacation days per year

Sources:

UBS AG Wealth Management Research

International Monetary Fund

Consumer prices increase - inflation
Inflation rate 2005	10.3%
Inflation rate 2006	11.6%
Inflation rate 2007	15. 5%
Inflation rate 2008 (expected)	30 %

Average monthly cost of living basket:
In Europe and the United States the average monthly cost of living basket is	$2,300
In Kiev the average monthly cost of living basket is	$1,728

Food costs based on 39 items commonly purchased in Western Europe:
Kiev	$416
Tokyo	$723
New York	$555
Oslo	$623
Vienna	$517
Berlin	$600

Costs for domestic electrical appliances:
Kiev	$3,348
Tokyo	$3,250
New York	$2,110
Oslo	$3,140
Vienna	$3,280
Berlin	$2,470
Costs consist of refrigerator, color TV, digital camera, steam iron, vacuum cleaner, deep fryer, hairdryer and a PC.

Average price in restaurants:
Kiev	$75
Tokyo	$77
New York	$50
Oslo	$54
Vienna	$35
Berlin	$31
Costs include an evening meal with starter, maincourse and dessert without drinks but including service in a good restaurant.

Costs for women’s and men’s clothes:
	Women’s	Men’s
Kiev	$392	$488
Tokyo	$1,050	$1,320
New York	$740	$860
Oslo	$740	$1,090
Vienna	$800	$960
Berlin	$600	$770

Average prices for hotel accommodation:	Luxury	Average
Kiev	$700	$250
Tokyo	$510	$270
New York	$450	$250
Oslo	$340	$200
Vienna	$300	$140
Berlin	$260	$130
Price for a hotel overnight stay including breakfast for two in a first class international hotel or in a good mid-range hotel.

Costs for public transport:
	Bus	Taxi	Train
Kiev	0.4$	8.0$	5 $
New York	2.0$	13.2$	27.9$
Tokyo	2.0$	11.6$	52.5$
Oslo	3.8$	16.3$	36.2$
Vienna	2.0$	12.5$	34.3$
Berlin	2.5$	13.3$	45.2$
Price of single ticket for public transport for a journey of 10 km
Price for 5 km taxi drive within city limits
Price for train ticket of 2nd class for train journey of 200 km

 

Real estate and utilities costs:
Rent per sqm	30-70$
Apartment 100 sqm unfurnished rent	3500-6000$
Apartment 100 sqm partly furnished rent	4000-6500$
Costs for real estate in central Kiev 2001	1000$/sqm
Costs for real estate in central Kiev 2008	up to 25,000$/sqm
Costs for real estate in central Kiev 2008 commercial use	up to 55,000$/sqm
House 20km from Kiev center - unrenovated	1500-3000$/sqm
1 cubic meter of cold water	0.50$
1 cubic meter of warm water	2.30$
Communal costs on average	1.5$/sqm
Fixed telephony:
Telephone Ukrtelecom monthly fee	2.25$
1 minute call to USA	0.14$
1 minute call to Western Europe	0.20$
Medical costs:
Doctor appointment at a private clinic (American Medical Center)	180$
Dentist appointment without treatment at a small private clinic (Eternas, without x-ray)	18$
Costs of a dentist appointment without treatment in modern large clinic (Porcelain incl x-ray)	60$
First gynaegological consultation Clinic Isida	36$
Consultations in state owned clinics	free
Leisure:
Fitness clubs in the centre annual membership	2400 - 5400 $