Cost Of Living in Kazan 2024

Average monthly spending for singles, couples, students, and families in Kazan

Whether you're living in Kazan or planning to move there, it is very important to know the cost of living and the prices of things. Here we list the average spending for the four main population groups.

Singles

The average monthly expense for a single person living in Kazan is 76,000 RUB. Expenses can range from 11,000 RUB at the minimum level to 500,000 RUB at the highest end.

Couples

The average monthly spending of couples in Kazan is 130,000 RUB. Expenditure can range from 42,000 RUB to 670,000 RUB per month.

Families

The average cost of living for families in Kazan is 170,000 RUB per month. Families spend anywhere from 59,000 RUB to 1.1M RUB.

Students

The average monthly expenditure for students in Kazan is 55,000 RUB. Students spend from 8,400 RUB to 370,000 RUB per month.

Expenditure to Income Ratio in Kazan

One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in.

Expense to income distribution levels

Interpretation and Analysis

The average spending-to-salary ratio in Kazan is 91% This means that on average, people spend around 91% of their income for living. According to the distribution table, 16% of the population spend approximately 60% to 70% of their income every month.

Individual
82%
Spending-Income-Ratio

---

74%

91%

Couple
87%
Spending-Income-Ratio

---

78%

96%

Family
96%
Spending-Income-Ratio

---

87%

110%

How do people spend their money in Kazan?

We asked thousands of people about their spending habits and expenditure breaks. Below are their answers.

People living in Kazan typically spend from 13% to 32% of their total monthly expenditure on housing with 24% being the average. The average spend on housing is 33,000 RUB with expenditure ranging from 2,500 RUB to 330,000 RUB. This cost mainly goes for rent but it also includes other accommodation-related expenses. Housing costs are highest for families and lowest for students as expected.

Utility expenditure like electricity, water, and gas in Kazan ranges from 4% to 11% of total expenses with 7% being the average. The average monthly cost of utilities is 5,500 RUB with 420 RUB and 55,000 RUB being the upper and lower limits.

Fuel consumption and cost of transport depend heavily on whether you live near your work or school, but roughly speaking you would expect to spend from 840 RUB to 110,000 RUB on commuting with 11,000 RUB being the norm for most people in one month. This means that money spent on transport constitutes about 7% of total spending on average but can go as low as 3% or as high as 11%.

The average outlay on groceries in a month in Kazan is 27,000 RUB. The cost of groceries can range between 2,100 RUB to 270,000 RUB. People spend on average about 28% on food and groceries with upper and lower bounds of 20% and 34% respectively.

People in Kazan allocate 5% to 13% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending is around 10%. The range of medical expenses range from 590 RUB to 76,000 RUB with 7,600 RUB being the norm.

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 340 RUB to 44,000 RUB with 4,400 RUB being the average. Speaking of percentages, that equates to 2% to 9% of total expenses with an average of 5% for most residents.

Spending on education can vary drastically between different people. While working singles can spend 0% on education, families and students' expenditure can reach up to 22%. On average, education constitutes 5% of the monthly expenditure with 3% and 11% being the lower and upper bounds respectively. The average reported education cost is 6,600 RUB per month with 500 RUB being the minimum spent amount and 66,000 RUB being the maximum.

How much money can you save in Kazan every month?

We asked thousands of people what percentage of their income can they save in a month. Below are the answers.

What percentage of people in Kazan manage to save money from their income every month?

Almost 65% of the surveyed people in Kazan said that they can save some money at the end of each month while 35% said that aren't saving anything.

Percentage of people saving money by population group in Kazan

Saving to Income Ratio

Average Monthly Saved Amount

For most people, 13% to 35% of their monthly income is what they can allocate to their savings, with 22% being the average. The amount of money that people can save is approximately 38,000 RUB on average with savings ranging from 2,900 RUB to 380,000 RUB.

70% of surveyed singles reported some of their income going to savings while 64% of couples said the same. 59% of families confirmed their ability to save money.

How much money do people actually save in Kazan?

Singles

Saving to Income Ratio

Average Monthly Saved Amount

Savings to income distribution levels for singles

Interpretation and Analysis

Singles who can afford to save reported that they allocate from 16% to 37% of their monthly income to savings, with 26% being the average for most singles. The average amount of money that singles are able to save is 26,000 RUB with 2,900 RUB and 170,000 RUB being the minimum and maximum respectively.

Couples

Saving to Income Ratio

Average Monthly Saved Amount

Savings to income distribution levels for couples

Interpretation and Analysis

Couples who confirmed their ability to save reported saving equivalent to 14% to 36% of their monthly income, with 24% being the average for most couples. The average amount of money that couples can save is 43,000 RUB with 14,000 RUB and 230,000 RUB being the minimum and maximum respectively.

Families

Saving to Income Ratio

Average Monthly Saved Amount

Savings to income distribution levels for families

Interpretation and Analysis

Families in Kazan can save anywhere between 12% to 32% of their monthly income, with 21% being the average for most families. The average amount of money that families can put aside is 58,000 RUB with 20,000 RUB and 380,000 RUB being the minimum and maximum respectively.

Saving Challenges in Kazan

Reasons that make it difficult for people to save money

We wanted to understand what is stopping people from maximizing their savings in Kazan. Listed below are the answers given by the survey participants.

Around 5% of the people said that their salary is too low to accommodate a portion for savings while 8% said that the high cost of living leaves little room for savings. 14% of the residents said that they are burdened with debt and find it challenging to save money. 11% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 11% blamed impulsive spending as the reason for saving inability. Around 7% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 6% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 20% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 13% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 3% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 2% blamed market instability and price fluctuations.

Typical saving choices for people in Kazan

Where do people choose to put their savings?

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

• 50% for needs and financial obligations

  This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

• 30% for wants and discretionary spending

  This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

• 20% for savings and emergency fund

  This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

Affordable living in Kazan

Income and cost of living compatibility

We asked residents one simple question and recorded their answers.

Is it affordable or economical to live in Kazan?

Around 66% of surveyed residents think that living in Kazan is affordable with proper budgeting while 34% reported that it is just too expensive and not affordable even with frugality and thriftness.

Low-cost alternatives in Kazan

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked residents how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options63%

Few low-cost options37%

Based on the survey, 63% of the people living in Kazan have no problem finding low-cost alternatives to support a frugal lifestyle while 37% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked residents of Kazan whether they have an emergency fund and the answers were as follows.

Yes64%

No36%

Based on the survey, 36% of the people living in Kazan said that they don't have an emergency fund while 64% said that they do.

Financial Literacy in Russia

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy56%

We asked residents of Russia whether they acquired any adequate personal financial training in their lives. Approximately 44% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 56% said that they know about the general principles of personal finance from sources other than their own experience.

Difficulty in Budgeting and Financial Planning

We wanted to understand whether residents of Russia have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 40% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 60% said that they have everything under control.

Struggles with finance40%

Easily manages finances60%

Financial goals of people in Kazan

In an attempt to understand the economic situation in Kazan, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.

Around 8% of those who participated in the survey said that their main goal is to establish an emergency fund to cover unexpected expenses while 40% said their number one priority is to pay off high-interest debt or loans and improve credit. 10% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 7% reported that their priority is saving for the tuition fees and education costs of their children while 18% choose to buy a home or pay off existing mortgage before other things. 7% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 8% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 13% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Retirement, pension plans, and life after work in Kazan

What does the retirement lifestyle look like in Kazan and how much retirement savings are required?

Retirement age

The retirement age for most employees in Russia is 65 years. Specific retirement ages can vary based on factors like occupation, gender, years of contribution, and location. It is not entirely unlikely for people to retire either before or after this age.

Retirement planning and savings

There are many retirement saving options, some are personally initiated and others are government-sponsered. Regardless of the source of savings, the minimum amount of money that needs to be put aside to ensure a peaceful and comfortable retirement at each age can be found in the table below. This data is largely approximated and can vary drastically based on individual needs and situations. Treat these figures as a general guideline.

Retirement Income Distribution

We asked residents of Kazan about their retirement income sources and below are the results.

Retirement Monthly Expenses in Kazan

Debt, loans, and mortgages in Kazan

Percentage of people who are in debt

According to the survey, 30% of the people in Kazan have some kind of debt, loan, mortgage, or credit card payments while 70% reported that they don't have financial obligations to banks.

Debt-to-income ratio in Kazan

Interpretation

The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 32% of the people's monthly income in Kazan goes to debt settlement.

Debt levels

Monthly debt settlement payment as percentage of monthly income

According to our data, 3% of the debtors in Kazan pay 60%+ of their income as debt settlement while 16% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 14% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 16% dedicated 30% to 40% of income for same. Things are looking brighter for 11% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.

Distribution by type of debt in Kazan

9% of debtors in Kazan confirm that real estate mortgages constitutes the main part of their outstanding debt while 29% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 17% of people and personal loans rose at 41%. Lastly, student loans are the main source of debt for 4% of debtors in Kazan.

Good debt vs. Bad debt

Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.

Loan Affordability Index in Kazan

Besides measuring the loan-to-income ratio, we asked residents of Kazan how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.

Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.

Housing costs, accommodation, and housing affordability in Kazan

Rent Cost in Kazan

Monthly Rent Prices

Studio apartment monthly rent cost

9,400 RUB

14,000 RUB

38,000 RUB

MINIMUM

AVERAGE

MAXIMUM

$100

$160

$410

1-bedroom apartment monthly rent cost

14,000 RUB

23,000 RUB

56,000 RUB

MINIMUM

AVERAGE

MAXIMUM

$160

$250

$620

2-bedroom apartment monthly rent cost

19,000 RUB

28,000 RUB

75,000 RUB

MINIMUM

AVERAGE

MAXIMUM

$210

$310

$830

3-bedroom apartment monthly rent cost

23,000 RUB

38,000 RUB

100,000 RUB

MINIMUM

AVERAGE

MAXIMUM

$250

$410

$1,100

Furnished apartment monthly rent cost

45,000 RUB

110,000 RUB

230,000 RUB

MINIMUM

AVERAGE

MAXIMUM

$500

$1,200

$2,500

Townhouse monthly rent cost

38,000 RUB

56,000 RUB

160,000 RUB

MINIMUM

AVERAGE

MAXIMUM

$410

$620

$1,800

House monthly rent cost

45,000 RUB

110,000 RUB

230,000 RUB

MINIMUM

AVERAGE

MAXIMUM

$500

$1,200

$2,500

Villa monthly rent cost

56,000 RUB

140,000 RUB

230,000 RUB

MINIMUM

AVERAGE

MAXIMUM

$620

$1,600

$2,500

The monthly rental cost of a studio apartment in Kazan ranges between 9,400 RUB and 38,000 RUB, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 14,000 RUB to 56,000 RUB. Two-bedroom rentals rate ranges between 19,000 RUB and 75,000 RUB per month. The monthly rental for a three-bedroom apartment ranges from 23,000 RUB to 100,000 RUB. The average rent of a townhouse in Kazan is around 56,000 RUB while house rental costs can be as high as 110,000 RUB per month. Finally, if you want to rent a villa, expect to pay anywhere from 56,000 RUB to 230,000 RUB per month.

Apartment and house prices in Kazan

Cost of buying a property

Studio apartment price

1.9M RUB

2.8M RUB

5.6M RUB

MINIMUM

AVERAGE

MAXIMUM

$21,000

$31,000

$62,000

1-bedroom apartment price

2.3M RUB

3.8M RUB

14M RUB

MINIMUM

AVERAGE

MAXIMUM

$25,000

$41,000

$160,000

2-bedroom apartment price

3.8M RUB

11M RUB

23M RUB

MINIMUM

AVERAGE

MAXIMUM

$41,000

$120,000

$250,000

3-bedroom apartment price

13M RUB

19M RUB

56M RUB

MINIMUM

AVERAGE

MAXIMUM

$140,000

$210,000

$620,000

Townhouse price

16M RUB

38M RUB

140M RUB

MINIMUM

AVERAGE

MAXIMUM

$180,000

$410,000

$1.6M

House price

19M RUB

110M RUB

160M RUB

MINIMUM

AVERAGE

MAXIMUM

$210,000

$1.2M

$1.8M

Villa price

23M RUB

130M RUB

190M RUB

MINIMUM

AVERAGE

MAXIMUM

$250,000

$1.4M

$2.1M

The average price of a studio apartment in Kazan can range from 1.9M RUB to 5.6M RUB depending on location. One bedroom cost can be anywhere from 2.3M RUB to 14M RUB. A villa can cost you 130M RUB on average with prices ranging from 23M RUB to 190M RUB.

House / apartment prices to income ratio

Property prices in Kazan can be x124 to x226 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x124 multiples of the average monthly salary in Kazan.

Rent to income ratio

The average rent-to-income ratio in Kazan is around 34%. This means that people pay 34% of their income for rent. Those figures can range from 23% to 45% depending on the salary, location, and type of property.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Monthly costs and expenses of energy and basic utilities in Kazan

Energy, electricity, water, gas, internet, and mobile cost in Kazan

Utility Bill Cost / Electricity + Water + Gas / Individual

640 RUB

4,500 RUB

30,000 RUB

MINIMUM

AVERAGE

MAXIMUM

$7

$50

$330

Utility Bill Cost / Electricity + Water + Gas / Couple

1,700 RUB

5,700 RUB

37,000 RUB

MINIMUM

AVERAGE

MAXIMUM

$18

$62

$410

Utility Bill Cost / Electricity + Water + Gas / Family

2,900 RUB

8,400 RUB

55,000 RUB

MINIMUM

AVERAGE

MAXIMUM

$32

$92

$600

Internet and cable cost

510 RUB

1,000 RUB

1,400 RUB

MINIMUM

AVERAGE

MAXIMUM

$5.6

$11

$15

Mobile phone bill and charges

410 RUB

680 RUB

2,100 RUB

MINIMUM

AVERAGE

MAXIMUM

$4.5

$7.5

$23

The average monthly expenditure for individuals on electricty, water, and gas in Kazan ranges between 640 RUB and 30,000 RUB with average being 4,500 RUB, meanwhile the expenditure of couples is slightly higher at 5,700 RUB with 1,700 RUB and 37,000 RUB being the upper and lower limits respectively. As expected, the energy and water consumption of families is the highest among the three groups with an average of 8,400 RUB. The cost of internet and WiFi is unchanged among the three groups and ranges from 510 RUB to 1,400 RUB with 1,000 RUB being the average internet bill. Finally, the average monthly mobile charges is around 680 RUB but can range between 410 RUB and 2,100 RUB depending on consumption. Mobile charges include both calling minutes as well as data packages.

Energy / Utility expense to income ratio

The average utility-to-income ratio in Kazan is around 5.4%. This means that people pay 5.4% of their income for energy, water, internet, and mobile charges. Those figures can range from 2.2% to 9.8% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Kazan

Prices and cost of goods and services in Kazan

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

100 RUB

210 RUB

340 RUB

MINIMUM

AVERAGE

MAXIMUM

$1.1

$2.3

$3.8

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Kazan is approximatly 210 RUB with meal cost ranging from 100 RUB to 340 RUB. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

360 RUB

540 RUB

1,100 RUB

MINIMUM

AVERAGE

MAXIMUM

$4

$5.9

$12

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 360 RUB and 1,100 RUB with 540 RUB being the average price of a plate for one person at a regular restaurant in Kazan.

Fine dining meal for one price

720 RUB

1,100 RUB

4,300 RUB

MINIMUM

AVERAGE

MAXIMUM

$7.9

$12

$47

The price range of a meal at fine-dining restaurant is 720 RUB to 4,300 RUB with the average cost being 1,100 RUB for one person. This is what you would expect to pay a top-tier diner in Kazan.

Beverage prices, cappuccino, latte etc..

85 RUB

140 RUB

210 RUB

MINIMUM

AVERAGE

MAXIMUM

$0.94

$1.5

$2.3

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Kazan is around 140 RUB. Price ranges between 85 RUB and 210 RUB depending on the type of beverage, the size, and optional add-ons.

Grocery and market costs

Large bottle of milk price

68 RUB

82 RUB

100 RUB

MINIMUM

AVERAGE

MAXIMUM

$0.75

$0.90

$1.1

The average price of a large bottle of milk in Kazan is 82 RUB. The maximum what you would pay for milk is 100 RUB and the minimum being 68 RUB depending on the brand of milk and other properties.

12 eggs price

51 RUB

68 RUB

100 RUB

MINIMUM

AVERAGE

MAXIMUM

$0.56

$0.75

$1.1

A dozen eggs costs around 68 RUB on average with 51 RUB and 100 RUB being the lower and upper limits respectively.

Fresh whole chicken price

120 RUB

150 RUB

210 RUB

MINIMUM

AVERAGE

MAXIMUM

$1.3

$1.7

$2.4

The price range of a fresh whole chicken in Kazan is between 120 RUB and 210 RUB depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 150 RUB.

Pack of beef price

140 RUB

210 RUB

410 RUB

MINIMUM

AVERAGE

MAXIMUM

$1.5

$2.3

$4.5

The price of a regular pack of beef or meat is around 210 RUB. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

55 RUB

75 RUB

110 RUB

MINIMUM

AVERAGE

MAXIMUM

$0.61

$0.83

$1.2

A bag of rice in Kazan costs around 75 RUB on average with prices rangeing between 55 RUB and 110 RUB depending on the brand and quality.

Bag of tomatos price

21 RUB

27 RUB

51 RUB

MINIMUM

AVERAGE

MAXIMUM

$0.23

$0.30

$0.56

A bag of tomatoes costs anywhere from 21 RUB to 51 RUB. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

37 RUB

48 RUB

79 RUB

MINIMUM

AVERAGE

MAXIMUM

$0.40

$0.53

$0.87

A bag of apples costs 48 RUB on average. A bag of apples denotes 1Kg or 1lb depending on location.

Grocery and food expenditure to income ratio

The average grocery-to-income ratio in Kazan is around 28%. This means that people spend 28% of their income on grocery and basic household items. The expenditure can range from 20% to 35% depending on salary and location.

Expenditure on food and grocery for every population group

A single person living alone spends approximately 12,000 RUB per month on grocery and food with expenditure fluctuating between 1,700 RUB and 81,000 RUB depending on location and the type of person. The average cost of food and groceries for a couple is around 18,000 RUB per month. That number can be get as low as 5,900 RUB or a high as 94,000 RUB. Families' spending on grocery ranges from 11,000 RUB to 200,000 RUB with the location, income, and size of the family being the most determinite factors.

SingleSpending habits, consumption analysis, and expenditure patterns for a single person living in Kazan

CoupleAverage monthly living expenditure breaks and spending patterns for couples in Kazan

FamilyAverage monthly expenses and break out of spending for families living in Kazan

StudentCost of living and expenses break down for students living in Kazan