Russian Life & People Digest
Question by Ed: If Moscow is the most expensive city, how can Russians live there?
I think about those people earning the Russian average wage ($ 300 a month).I would like to understand how they can afford living in Moscow.
Answers and Views:
Answer by Mj
expensive city in terms of foreign currency…when their money is converted to other equivalent currencies..it looks expensive..
Read all the answers in the comments.
What do you think?
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Zorro says
Well, I was doing a Search to see hoe can Russians Live in Moscow, when an Apartment of 700 Square Feet costs $500,000 for a CRAPPY one. Heck is more Expensive than Japan and New York and S.F.
They have Super Rich and Super Poor … No in-between.
Squeaky P says
1. The average Moscow wage is much higher, most people I know are making 800-1200 a month. They don't pay hardly any taxes on that so its take home pay.
2. You don't need to own a car and public transport is cheap.
3. Most average folk own their apartments outright from the good ole days so they pay no rent. Or they rent a flat and split it which run from about $ 600 a month for a 450 sq ft studio.
4. Most utilities are free or heavily subsidized. This carries over to rather cheap food as well.
5. They are frugal to the extreme.
The "most expensive standard" is based on similar living standards. They don't live in nice homes like we do in America, and their new condos are on par with New York prices. In other words they don't live to the same standard we are accustomed to.
shhh says
There are no houses in Moscow. There are too many apartments to count, so people in Moscow will always have a place to live. There's always a new apartment building being built there. They don't make as much money, but I think it all equals out somehow. I don't think it's that difficult to live there. Your question makes it sound like San Francisco, CA or Beverly Hills, CA.
Mily M says
No. 300$ is wage of Hot-Dog's seller in Moscow. For example secretary'wage is about 600$ . It's normal proportion with prices, i think 🙂
Dave says
Rent control is a big factor. Not sure if it's still in place, but I imagine that it is.