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Russia, Nizhny Novgorod

Overview

Russia, Nizhny NovgorodCountry Full Name: Russian Federation.

Location: Russia is in Northern Asia (the area west of the Urals is considered part of Europe), bordering the Arctic Ocean, between Europe and the North Pacific Ocean.

Country Climate: Ranges from steppes in the south through humid continental in much of European Russia; subarctic in Siberia to tundra climate in the polar north; winters vary from cool along Black Sea coast to frigid in Siberia; summers vary from warm in the steppes to cool along Arctic coast.

Country Terrain: Broad plain with low hills west of Urals; vast coniferous forest and tundra in Siberia; uplands and mountains along southern border regions.

Major Languages: Russian.

Major Religions: Christianity, Islam.

Population: 1.3 Mil (2012 est.).

Country Economy: The economy of Russia is the eighth largest economy in the world by nominal value and the sixth largest by purchasing power parity (PPP). Oil, natural gas, metals, and timber account for more than 80% of Russian exports abroad.

Currency: Russian Rouble (RUB). Make an international currency transfer to the Russian Federation.

Inflation: 6.9% (2011 est.).

Novgorod is the fifth largest city in Russia.

Novgorod is the economic and cultural centre of the vast Volga-Vyatka economic region, and also the administrative centre of Nizhny Novgorod Oblast and Volga Federal District. The engineering industry is the leading industry of Nizhny Novgorod economy mainly oriented towards the transportation Nizhny Novgorod is one of the centres of the IT Industry in Russia.


Cost Of Living

The cost of living in Nizhny Novgorod in Russia is very high compared to other places. The overall cost of living is determined using the prices for defined quantities of the same goods and services across 13 Basket Groups. Nizhny Novgorod in Russia is currently ranked 150 overall out of 780 places (rank 1 is most expensive: rank 780 is least expensive). The cost of living rank for each of the 13 Basket Groups is as follows:

Alcohol & Tobacco costs are low compared to other places for items such as alcohol at a bar, beer, locally produced spirit, whiskey, wine (where alcohol is legally sold) and tobacco related products. There are 479 places that are more expensive, and 300 places that are less expensive for alcohol and or tobacco.

Clothing costs are very high compared to other places for items such as business suits, casual clothing, children's clothing, coats, evening wear, footwear, hats, shoe repairs and underwear. There are 120 places that are more expensive, and 659 places that are less expensive for clothing.

Communication costs are very high compared to other places for various communication costs such as call charges, home telephone rental, internet connection, mobile data costs, mobile phone contract and service provider fees. There are 152 places that are more expensive, and 627 places that are less expensive for communication.

Education costs are very high compared to other places for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. There are 12 places that are more expensive, and 767 places that are less expensive for education.

Furniture & Appliance costs are very high compared to other places for items such as DVD player, fridge freezer, furniture, household equipment, iron, kettle, light bulbs, microwave, television, toaster, vacuum cleaner and washing machine. There are 25 places that are more expensive, and 754 places that are less expensive for furniture and appliances.

Grocery costs are high compared to other places for items such as baby consumables, baked goods, baking, canned foods, cheese, cleaning materials, cleaning products, dairy, fresh fruits, fresh vegetables, fruit juices, meat, oil & vinegars, pet food, pre-prepared meals, sauces, seafood, snacks, soft drinks, spices & herbs. There are 158 places that are more expensive, and 621 places that are less expensive for groceries.

Healthcare costs are high compared to other places for general healthcare, general practitioner consultation rates, healthcare/medical insurance, hospital private ward daily rate and non-prescription medicine. There are 222 places that are more expensive, and 557 places that are less expensive for healthcare.

Household Accommodation costs are high compared to other places for items such as accommodation, apartment, flat, house, villa, rent, electricity, household fuels, household gas, water, and local property rates / residential taxes / levies. There are 166 places that are more expensive, and 613 places that are less expensive for household accommodation.

Miscellaneous costs are very high compared to other places for items such as dry cleaning, general goods, general services, linen, magazines, maid, newspapers, office supplies, postage stamps and stationery. There are 6 places that are more expensive, and 773 places that are less expensive for miscellaneous items.

Personal Care costs are very high compared to other places for items such as cosmetics, hair care, moisturizer, nappies, pain relief tablets, shampoo, soap, sun block, toilet paper and toothpaste. There are 147 places that are more expensive, and 632 places that are less expensive for personal care.

Recreation and Culture costs are average compared to other places for items such as books, camera, cinema tickets, fitness/health club membership, sports goods and theatre tickets. There are 369 places that are more expensive, and 410 places that are less expensive for recreation and culture.

Restaurants, Meals Out and Hotel costs are high compared to other places for items such as a business dinner, dinner at a family restaurant (non fast food), 4 star and 5 star hotel rates and take away meal (fast food). There are 256 places that are more expensive, and 523 places that are less expensive for restaurants, meals out and hotels.

Transport costs are very low compared to other places for items such as car hire purchase, car insurance, car lease, car maintenance, car rental, car service, diesel, petrol, tyres and public transport. There are 727 places that are more expensive, and 52 places that are less expensive for transport.

Personalized cost of living indexes for Nizhny Novgorod in Russia are based on the basket groups and comparison location(s) selected in the Calculators.

In terms of the hardship people are likely to experience, assessed in global terms, Nizhny Novgorod in Russia is ranked as high degree of hardship with a hardship index of 30%.

Personalized hardship index premiums for Nizhny Novgorod in Russia are based on the comparison location(s) selected in the Calculators.

Note: Xpatulator.com data is updated quarterly. The latest update is as at 1 April 2012. Create a personalized cost of living comparison report using the calculators:
Salary Purchasing Power Parity Calculator
Cost of Living Index Calculator
Cost of Living Allowance Calculator

 

 

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