CIS: food spending to minimum wage ratio 2024

Moldova had the lowest basic food spending to minimum wage ratio in the Commonwealth of Independent States (CIS) region as of January 2024. The monthly expenses on the basic food basket occupied around 36 percent of the official minimum wage in the country. To compare, in Uzbekistan, the minimum wage was just enough to cover basic food expenses.

Ratio of basic food spending to the official minimum wage in the Commonwealth of Independent States (CIS) in January 2024, by country

Characteristic	Basic food spending to minimum wage ratio
Uzbekistan	96.1%
Armenia	78.7%
Kazakhstan	54%
Ukraine	49.3%
Azerbaijan	44.9%
Belarus	40.8%
Russia	39%
Moldova	36.1%

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Release date

January 2024

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Region

Asia, Europe

Survey time period

January 2024

Supplementary notes

The basic food spending was calculated by the source as the total price of a consumer basket with the following products: 10 bread loafs, 10 liters of milk, 20 eggs, 1.5 kilograms of rice, 1 kilogram of cheese, 6 kilograms of meat, 6 kilograms of fruit, and 8 kilograms of vegetables.

Ukraine is not an official CIS member and was added due to its geographical and economic proximity to CIS countries.

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