Cost of Living
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Cost of Living
“There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible.” - Henry Ford
Living costs’ cover whatever you need to pay for, excluding tuition fees, while you’re at university. For example:
In order to live comfortably while you are in Lugansk, you will need to have about $USD 2500 per year available for living costs, above the cost of your tuition. The cost of living is cheaper than any other cities in the European countries. It is difficult to give a precise figure because of differences in the student lifestyle.
You will receive advice from financial advisers at the on how best to handle your money, but initially it is important to note that you should have some cash for immediate costs (e.g. airport costs or transport). You may need further funds in the form of travelers cheques which can be readily cashed. There are foreign exchange offices everywhere in Ukraine.
We strongly recommend that while in Ukraine you do not carry large amounts of cash on your person or leave cash in your room. We suggest opening a bank account as soon as possible after arrival. There are three banks with branches in the campus area. There are numerous automatic teller machines that dispense cash 24 hours a day.
Any major amounts of money may be sent in the form of a bank draft, but electronic transfers are, in most cases, the most efficient method of sending funds to Ukraine. Overseas cheques are sometimes difficult to clear and are not recommended.
A raw data of costs are mentioned below (Source):
|
Restaurants |
Median |
|
Meal, Inexpensive Restaurant |
6.09 $ |
|
Meal for 2, Mid-range Restaurant, Three-course |
28.62 $ |
|
Combo Meal at McDonalds or Similar |
6.09 $ |
|
Domestic Beer (0.5 liter draught) |
0.97 $ |
|
Imported Beer (0.33 liter bottle) |
1.46 $ |
|
Cappuccino (regular) |
0.99 $ |
|
Coke/Pepsi (0.33 liter bottle) |
0.61 $ |
|
Water (0.33 liter bottle) |
0.50 $ |
|
Markets |
Median |
|
Milk (regular), 1 gallon |
3.69 $ |
|
Loaf of Fresh White Bread (1 lb) |
0.46 $ |
|
Rice (1 lb) |
0.50 $ |
|
Eggs (12) |
1.53 $ |
|
Local Cheese (1 lb) |
3.59 $ |
|
Chicken Breasts (Boneless, Skinless), (1 lb) |
2.21 $ |
|
Apples (1 lb) |
0.44 $ |
|
Oranges (1 lb) |
0.66 $ |
|
Tomato (1 lb) |
1.10 $ |
|
Potato (1 lb) |
0.26 $ |
|
Lettuce (1 head) |
0.61 $ |
|
Water (1.5 liter bottle) |
0.79 $ |
|
Bottle of Wine (Mid-Range) |
6.39 $ |
|
Domestic Beer (0.5 liter bottle) |
0.79 $ |
|
Imported Beer (0.33 liter bottle) |
1.40 $ |
|
Pack of Cigarettes (Marlboro) |
1.83 $ |
|
Transportation |
Median |
|
One-way Ticket (Local Transport) |
0.30 $ |
|
Monthly Pass (Regular Price) |
? |
|
Taxi Start (Normal Tariff) |
2.68 $ |
|
Taxi 1 mile (Normal Tariff) |
0.44 $ |
|
Taxi 1hour Waiting (Normal Tariff) |
7.31 $ |
|
Gasoline (1 gallon) |
5.53 $ |
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
17,052.38 $ |
|
Utilities (Monthly) |
Median |
|
Basic (Electricity, Heating, Water, Garbage) for 915 sq ft Apartment |
87.13 $ |
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.12 $ |
|
Internet (6 Mbps, Unlimited Data, Cable/ADSL) |
9.74 $ |
|
Sports And Leisure |
Median |
|
Fitness Club, Monthly Fee for 1 Adult |
30.45 $ |
|
Tennis Court Rent (1 Hour on Weekend) |
14.92 $ |
|
Cinema, International Release, 1 Seat |
6.09 $ |
|
Clothing And Shoes |
Median |
|
1 Pair of Jeans (Levis 501 Or Similar) |
85.20 $ |
|
1 Summer Dress in a Chain Store (Zara, H&M, …) |
42.63 $ |
|
1 Pair of Nike Shoes |
85.26 $ |
|
1 Pair of Men Leather Shoes |
66.99 $ |
|
Rent Per Month |
Median |
|
Apartment (1 bedroom) in City Centre |
243.61 $ |
|
Apartment (1 bedroom) Outside of Centre |
158.34 $ |
|
Apartment (3 bedrooms) in City Centre |
316.69 $ |
|
Apartment (3 bedrooms) Outside of Centre |
304.51 $ |
|
Buy Apartment Price |
Median |
|
Price per Square Feet to Buy Apartment in City Centre |
70.72 $ |
|
Price per Square Feet to Buy Apartment Outside of Centre |
49.79 $ |
These data are based on 197 entries in the past 18 months from 13 different contributors.Last update: November, 2013.