Russia

Price of Goods in US$, which in US would Cost $1 - Russia Compared to Continent

Footnote

Sort: Alphabetically  |  Ascending Rank  |  Descending Rank

Norway	$1.68
Iceland	$1.51
Denmark	$1.48
Switzerland	$1.40
Sweden	$1.28
Ireland	$1.25
France	$1.23
UK	$1.21
Germany	$1.20
Netherlands	$1.19
Finland	$1.18
Luxembourg	$1.17
Austria	$1.15
Belgium	$1.14
Italy	$1.09
Spain	$1.08
Greece	$0.91
Portugal	$0.87
Cyprus	$0.84
Slovenia	$0.83
Serbia	$0.74
Croatia	$0.72
Estonia	$0.70
Malta	$0.69
Turkey	$0.67
Slovak Rep.	$0.66
Latvia	$0.66
Romania	$0.66
Czech Rep.	$0.65
Poland	$0.65
Russia	$0.64
Hungary	$0.64
Lithuania	$0.59
Albania	$0.53
Bulgaria	$0.47
Macedonia	$0.43
Belarus	$0.39
Moldova	$0.38
Bosnia & H.	$0.34
Ukraine	$0.33

 

 

Russia: Currency +/- valuation index

This is a cost of living indicator. The figure shows how much how much a bundle of goods and services costing US$1 in the US would cost in other countries (similar to The Economist's Big Mac Index).

To arrive at the figure, the Global Property Guide takes the difference between the IMF's nominal GDP figures, and their purchasing power parity GDP figures for the latest year available.

Note that currency undervaluation (as measured by PPP) is not a good predictor of future currency movements.

These cost of living indicators refer to data collected annually (for date of collection, see Data FAQ )

Source: calculated using figures from the IMF World Economic Outlook Database

 

No house price or rents statistics are published in Russia. General economics statistics can be found at the Bank of Russia and the Federal State Statistical Services.