Udmurtia is one of the constituent entities of the Russian Federation, which has the status of a republic. Located in the Volga Federal District, near the Ural Mountains. The population is 1,513,044 people. The share of urban population is 65.81%. The cost of living in Udmurtia is 9150 rubles.
What is the cost of living?
The cost of living is a monetary estimate of the minimum consumer basket, which defines the line between poverty and poverty. In different regions, its significance varies. The cost of living includes basic foodstuffs, clothes, shoes, daily necessities. The month is used as the billing period.
Such important characteristics as minimum wage, allowances, social payments depend on a living wage. It is calculated separately for children, able-bodied citizens and pensioners. The average value is also used. Each region of Russia has its own subsistence level. It can vary greatly between subjects. Of course, in regions with higher incomes of citizens (Moscow, the Far North), it is higher than in poor regions.
Living wage in Udmurtia
In the second quarter of 2018, the average cost of living per person was 9150 rubles. This is slightly less than the average for Russia. For able-bodied citizens, the cost of living is 9675 rubles. For pensioners, it is equal to 7423 rubles. The cost of living for a child in Udmurtia is 9302 rubles. Compared to the 1st quarter of 2018, the cost of living for all categories of citizens increased by about 4 percent.
Dynamics of a living wage from the beginning of 2015 to the present
Over the past 3 years, the subsistence level in Udmurtia has not changed. However, over shorter periods of time, various oscillations are observed. So, between the first and second quarters of 2015, this indicator increased from 8788 to 9043 rubles. By the third quarter of 2015, the value fell to 8599 rubles. Then it remained stable, however, in the second and third quarters of 2017 it was slightly higher than average values. A similar fluctuation is observed this year, and the value of the subsistence minimum in the second quarter of this year is even greater than it was then. But this does not give reason to conclude about directional dynamics, which is not yet visible on the chart.
The reasons for the lack of an increase in the cost of living in recent years are not entirely clear, given the rise in prices in the country over this period. In theory, it should have led to a proportional increase in the cost of living.
The nature of changes in the size of the living wage is the same for all social groups. Similar is observed in all other subjects of the Russian Federation. Data for the third quarter of 2018 is still not available.
Where does the cost of living apply?
A fixed value of this indicator can be used for:
- work on the social policy of the state;
- in the process of developing social assistance programs for citizens;
- in assessing the standard of living of the population;
- in identifying groups of poor citizens who may require social support;
- when establishing the minimum wage (minimum wage);
- in the formation of the national budget.
It is possible to use the cost of living for other purposes.
Conclusion
Thus, Udmurtia is a region with fairly well-developed oil production located on the European territory of Russia. The cost of living in Udmurtia is slightly below the average for Russia. However, the peak of oil production has already been passed, now indicators are falling. This, of course, affects the state of the region’s economy. The minimum living wage in Udmurtia is for pensioners, and the maximum for people of working age.