Verified Facts

Official NameRussian Federation
CapitalMoscow
Population146.0 million
Area17,098,246 km² (6601667 sq mi)
LanguagesRussian
CurrencyRussian ruble (₽)
TimezonesUTC+03:00 to UTC+12:00 (9 zones)
RegionEurope / Eastern Europe
Drives onRight
Source: REST Countries API

Economic Indicators

GDP per Capita (PPP)$47,405 (2024)
Inflation Rate8.4% (2024)
Health Spend per Capita$1,003 (2023)
Out-of-Pocket Health Spend28.4% (2023)
Education Spend (% GDP)4.2% (2023)
Source: World Bank Open Data

Quick Facts

Cost LevelModerate
Daily Budget (Backpacker)$30-50 USD
Daily Budget (Mid-Range)$60-100 USD
Daily Budget (Comfort)$150-250 USD
CurrencyRUB
Tipping Customnot expected, but 5-10% in high-end establishments

How Expensive Is Russia?

Russia is a vast and diverse country, and the cost of living can vary greatly depending on the region and city. Overall, Russia is considered to be a moderate to expensive country, with prices comparable to those in Eastern Europe. However, the cost of living in Russia is generally lower than in Western Europe or North America. The country's large size and diverse economy mean that prices can vary significantly from one region to another, with cities like Moscow and St. Petersburg tend to be more expensive than other parts of the country.

Compared to its neighbors, Russia is generally more expensive than countries like Ukraine and Belarus, but less expensive than countries like Norway and Finland. The cost of living in Russia is also influenced by the country's economic conditions, with prices tend to be higher in areas with strong economic growth and lower in areas with weaker economies. Overall, Russia offers a unique blend of cultural and historical experiences, natural beauty, and urban excitement, making it a great destination for travelers and expats alike.

Accommodation Prices

TypePrice Range (USD/night)Notes
Hostel/Budget$10-20basic amenities, shared rooms
Mid-Range Hotel$40-80private rooms, decent amenities
Luxury/Resort$150-300high-end amenities, excellent service
Apartment Rent (monthly)$200-500city center, 1-bedroom apartment
Apartment Rent (monthly)$100-300outside city center, 1-bedroom apartment

Food & Dining Prices

Meal TypePrice Range (USD)
Street Food / Local Eatery$3-5
Casual Restaurant$10-20
Mid-Range Restaurant (2 people)$25-40
Fine Dining$50-100
Beer (local)$2-5
Coffee$2-5
Water (1.5L bottle)$1-2

Transport Costs

TransportCost (USD)
Local bus/metro ride$0.50-1.50
Taxi (per km)$1-3
Domestic flight$50-200
Fuel (per liter)$0.50-1.00

Monthly Budget Breakdown

CategoryBudget ($)Mid-Range ($)Comfortable ($)
Rent200400800
Food200400600
Transport50100200
Utilities50100150
Entertainment100200500
Total60012002350

Money-Saving Tips

  • Consider staying in a hostel or budget hotel, which can be significantly cheaper than mid-range or luxury hotels.
  • Eat at local eateries or street food stalls, which offer delicious and affordable meals.
  • Use public transport, such as buses and metro, which are efficient and cheap.
  • Avoid traveling during peak season, when prices tend to be higher.
  • Learn some basic Russian phrases, which can help you navigate and save money.
  • Consider purchasing a prepaid SIM card or a local phone plan, which can be cheaper than roaming with your home carrier.

Overall, Russia can be a great value destination for travelers and expats, with a wide range of accommodation options, delicious and affordable food, and a rich cultural heritage. With some planning and research, it's possible to have a great time in Russia without breaking the bank.