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How much does it cost?
    

How much does it cost?


How much does it cost?

Average monthly cost of living basket:  
In Europe and the United States the average monthly cost of living basket is       2,300 USD
In Kiev the average monthly cost of living basket is 1,200 USD

Food costs based on 39 items commonly purchased in Western Europe:  
Kiev   223 USD
Tokio 723 USD
New York   555 USD
Oslo  623 USD
Vienna 517 USD
Berlin  600 USD

Costs for domestic electrical appliances:  
Kiev   1,860 USD
Tokio   3,250 USD
New York 2,110 USD
Oslo    3,140 USD
Vienna 3,280 USD
Berlin 2,470 USD
Costs consist of refrigerator, color TV, digital camera, steam iron, vacuum cleaner, deep fryer, hairdryer and a PC.

Costs for women’s and men’s clothes:    
Women’s  Men’s
Kiev  300 USD 340 USD
Tokio 1,050 USD 1,320 USD
New York 740 USD 860 USD
Oslo 740 USD 1,090 USD
Vienna 800 USD 960 USD
Berlin 600 USD 770 USD

Average price in restaurants:  
Kiev 27 USD
Tokio 77 USD
New York 50 USD
Oslo 54 USD
Vienna 35 USD
Berlin 31 USD
Costs include an evening meal with starter, maincourse and dessert without drinks but including service in a good restaurant.

Average prices for hotel accommodation:    
Kiev 360 USD 140 USD
Tokio 510 USD 270 USD
New York 450 USD 250 USD
Oslo 340 USD 200 USD
Vienna 300 USD 140 USD
Berlin 260 USD 130 USD
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 0.3$ 4.0$ 2.7$
New York 2.0$ 13.2$ 27.9$
Tokio 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

Facts and Figures:
 
An average Kievan has to work:
55 minutes to buy a Big Mac
19 minutes to buy 1 kilogram of bread
21 minutes to buy a kilogram of rice
 
In Kiev, services and transportation are much cheaper than in Europe and the U.S.A. On the other hand, the average income and the minimum wages in Kiev are very low.
 
Net income per hour in Kiev is 1.80 USD
Taxes and social security contribution are 17%
There are 1712 working hours per year
There are 23 vacation days - paid working days
 
Sources:
UBS AG Wealth Management Research
International Monetary Fund



          
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