Cost Of Living in Kyiv 2024

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

Whether you're living in Kyiv 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 Kyiv is 34,000 UAH. Expenses can range from 4,800 UAH at the minimum level to 230,000 UAH at the highest end.

Couples

The average monthly spending of couples in Kyiv is 56,000 UAH. Expenditure can range from 19,000 UAH to 300,000 UAH per month.

Families

The average cost of living for families in Kyiv is 75,000 UAH per month. Families spend anywhere from 26,000 UAH to 490,000 UAH.

Students

The average monthly expenditure for students in Kyiv is 25,000 UAH. Students spend from 3,800 UAH to 170,000 UAH per month.

Expenditure to Income Ratio in Kyiv

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 Kyiv is 95% This means that on average, people spend around 95% of their income for living. According to the distribution table, 15% of the population spend approximately 60% to 70% of their income every month.

Individual
86%
Spending-Income-Ratio

---

79%

94%

Couple
91%
Spending-Income-Ratio

---

83%

99%

Family
100%
Spending-Income-Ratio

---

92%

110%

How do people spend their money in Kyiv?

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

People living in Kyiv typically spend from 12% to 31% of their total monthly expenditure on housing with 23% being the average. The average spend on housing is 15,000 UAH with expenditure ranging from 1,100 UAH to 150,000 UAH. 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 Kyiv ranges from 5% to 12% of total expenses with 8% being the average. The average monthly cost of utilities is 2,400 UAH with 190 UAH and 24,000 UAH 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 380 UAH to 49,000 UAH on commuting with 4,900 UAH 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 Kyiv is 12,000 UAH. The cost of groceries can range between 940 UAH to 120,000 UAH. People spend on average about 28% on food and groceries with upper and lower bounds of 20% and 34% respectively.

People in Kyiv 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 260 UAH to 34,000 UAH with 3,400 UAH 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 150 UAH to 20,000 UAH with 2,000 UAH being the average. Speaking of percentages, that equates to 2% to 8% of total expenses with an average of 4% 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 2,900 UAH per month with 230 UAH being the minimum spent amount and 29,000 UAH being the maximum.

How much money can you save in Kyiv 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 Kyiv manage to save money from their income every month?

Almost 56% of the surveyed people in Kyiv said that they can save some money at the end of each month while 44% said that aren't saving anything.

Percentage of people saving money by population group in Kyiv

Saving to Income Ratio

Average Monthly Saved Amount

For most people, 8.8% to 31% of their monthly income is what they can allocate to their savings, with 15% being the average. The amount of money that people can save is approximately 15,000 UAH on average with savings ranging from 1,200 UAH to 150,000 UAH.

64% of surveyed singles reported some of their income going to savings while 59% of couples said the same. 53% of families confirmed their ability to save money.

How much money do people actually save in Kyiv?

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 12% to 33% of their monthly income to savings, with 20% being the average for most singles. The average amount of money that singles are able to save is 10,000 UAH with 1,200 UAH and 70,000 UAH 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 9.9% to 32% of their monthly income, with 18% being the average for most couples. The average amount of money that couples can save is 17,000 UAH with 5,800 UAH and 93,000 UAH 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 Kyiv can save anywhere between 8.8% to 29% of their monthly income, with 15% being the average for most families. The average amount of money that families can put aside is 23,000 UAH with 8,100 UAH and 150,000 UAH being the minimum and maximum respectively.

Saving Challenges in Kyiv

Reasons that make it difficult for people to save money

We wanted to understand what is stopping people from maximizing their savings in Kyiv. 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. 13% of the residents said that they are burdened with debt and find it challenging to save money. 12% 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. 12% 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. 5% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 21% 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 Kyiv

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 Kyiv

Income and cost of living compatibility

We asked residents one simple question and recorded their answers.

Is it affordable or economical to live in Kyiv?

Around 54% of surveyed residents think that living in Kyiv is affordable with proper budgeting while 46% reported that it is just too expensive and not affordable even with frugality and thriftness.

Low-cost alternatives in Kyiv

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 options58%

Few low-cost options42%

Based on the survey, 58% of the people living in Kyiv have no problem finding low-cost alternatives to support a frugal lifestyle while 42% 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 Kyiv whether they have an emergency fund and the answers were as follows.

Yes49%

No51%

Based on the survey, 51% of the people living in Kyiv said that they don't have an emergency fund while 49% said that they do.

Financial Literacy in Ukraine

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 Leteracy44%

We asked residents of Ukraine whether they acquired any adequate personal financial training in their lives. Approximately 56% 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 44% 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 Ukraine have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 57% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 43% said that they have everything under control.

Struggles with finance57%

Easily manages finances43%

Financial goals of people in Kyiv

In an attempt to understand the economic situation in Kyiv, 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 44% 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. 6% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 6% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 14% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Retirement, pension plans, and life after work in Kyiv

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

Retirement age

The retirement age for most employees in Ukraine 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 Kyiv about their retirement income sources and below are the results.

Retirement Monthly Expenses in Kyiv

Debt, loans, and mortgages in Kyiv

Percentage of people who are in debt

According to the survey, 37% of the people in Kyiv have some kind of debt, loan, mortgage, or credit card payments while 63% reported that they don't have financial obligations to banks.

Debt-to-income ratio in Kyiv

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 35% of the people's monthly income in Kyiv goes to debt settlement.

Debt levels

Monthly debt settlement payment as percentage of monthly income

According to our data, 3% of the debtors in Kyiv pay 60%+ of their income as debt settlement while 19% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 15% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 17% dedicated 30% to 40% of income for same. Things are looking brighter for 10% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.

Distribution by type of debt in Kyiv

8% of debtors in Kyiv confirm that real estate mortgages constitutes the main part of their outstanding debt while 30% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 14% of people and personal loans rose at 44%. Lastly, student loans are the main source of debt for 4% of debtors in Kyiv.

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 Kyiv

Besides measuring the loan-to-income ratio, we asked residents of Kyiv 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 Kyiv

Rent Cost in Kyiv

Monthly Rent Prices

Studio apartment monthly rent cost

4,100 UAH

6,200 UAH

16,000 UAH

MINIMUM

AVERAGE

MAXIMUM

$110

$160

$430

1-bedroom apartment monthly rent cost

6,200 UAH

9,900 UAH

25,000 UAH

MINIMUM

AVERAGE

MAXIMUM

$160

$260

$640

2-bedroom apartment monthly rent cost

8,200 UAH

12,000 UAH

33,000 UAH

MINIMUM

AVERAGE

MAXIMUM

$210

$320

$860

3-bedroom apartment monthly rent cost

9,900 UAH

16,000 UAH

45,000 UAH

MINIMUM

AVERAGE

MAXIMUM

$260

$430

$1,200

Furnished apartment monthly rent cost

20,000 UAH

49,000 UAH

99,000 UAH

MINIMUM

AVERAGE

MAXIMUM

$510

$1,300

$2,600

Townhouse monthly rent cost

16,000 UAH

25,000 UAH

70,000 UAH

MINIMUM

AVERAGE

MAXIMUM

$430

$640

$1,800

House monthly rent cost

20,000 UAH

49,000 UAH

99,000 UAH

MINIMUM

AVERAGE

MAXIMUM

$510

$1,300

$2,600

Villa monthly rent cost

25,000 UAH

62,000 UAH

99,000 UAH

MINIMUM

AVERAGE

MAXIMUM

$640

$1,600

$2,600

The monthly rental cost of a studio apartment in Kyiv ranges between 4,100 UAH and 16,000 UAH, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 6,200 UAH to 25,000 UAH. Two-bedroom rentals rate ranges between 8,200 UAH and 33,000 UAH per month. The monthly rental for a three-bedroom apartment ranges from 9,900 UAH to 45,000 UAH. The average rent of a townhouse in Kyiv is around 25,000 UAH while house rental costs can be as high as 49,000 UAH per month. Finally, if you want to rent a villa, expect to pay anywhere from 25,000 UAH to 99,000 UAH per month.

Apartment and house prices in Kyiv

Cost of buying a property

Studio apartment price

820,000 UAH

1.2M UAH

2.5M UAH

MINIMUM

AVERAGE

MAXIMUM

$21,000

$32,000

$64,000

1-bedroom apartment price

990,000 UAH

1.6M UAH

6.2M UAH

MINIMUM

AVERAGE

MAXIMUM

$26,000

$43,000

$160,000

2-bedroom apartment price

1.6M UAH

4.9M UAH

9.9M UAH

MINIMUM

AVERAGE

MAXIMUM

$43,000

$130,000

$260,000

3-bedroom apartment price

5.5M UAH

8.2M UAH

25M UAH

MINIMUM

AVERAGE

MAXIMUM

$140,000

$210,000

$640,000

Townhouse price

7M UAH

16M UAH

62M UAH

MINIMUM

AVERAGE

MAXIMUM

$180,000

$430,000

$1.6M

House price

8.2M UAH

49M UAH

70M UAH

MINIMUM

AVERAGE

MAXIMUM

$210,000

$1.3M

$1.8M

Villa price

9.9M UAH

55M UAH

82M UAH

MINIMUM

AVERAGE

MAXIMUM

$260,000

$1.4M

$2.1M

The average price of a studio apartment in Kyiv can range from 820,000 UAH to 2.5M UAH depending on location. One bedroom cost can be anywhere from 990,000 UAH to 6.2M UAH. A villa can cost you 55M UAH on average with prices ranging from 9.9M UAH to 82M UAH.

House / apartment prices to income ratio

Property prices in Kyiv can be x93 to x209 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x93 multiples of the average monthly salary in Kyiv.

Rent to income ratio

The average rent-to-income ratio in Kyiv is around 32%. This means that people pay 32% of their income for rent. Those figures can range from 21% to 43% 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 Kyiv

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

Utility Bill Cost / Electricity + Water + Gas / Individual

290 UAH

2,000 UAH

14,000 UAH

MINIMUM

AVERAGE

MAXIMUM

$7.4

$53

$350

Utility Bill Cost / Electricity + Water + Gas / Couple

750 UAH

2,500 UAH

17,000 UAH

MINIMUM

AVERAGE

MAXIMUM

$20

$66

$430

Utility Bill Cost / Electricity + Water + Gas / Family

1,300 UAH

3,800 UAH

24,000 UAH

MINIMUM

AVERAGE

MAXIMUM

$34

$98

$640

Internet and cable cost

220 UAH

450 UAH

600 UAH

MINIMUM

AVERAGE

MAXIMUM

$5.8

$12

$16

Mobile phone bill and charges

180 UAH

300 UAH

900 UAH

MINIMUM

AVERAGE

MAXIMUM

$4.7

$7.8

$23

The average monthly expenditure for individuals on electricty, water, and gas in Kyiv ranges between 290 UAH and 14,000 UAH with average being 2,000 UAH, meanwhile the expenditure of couples is slightly higher at 2,500 UAH with 750 UAH and 17,000 UAH 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 3,800 UAH. The cost of internet and WiFi is unchanged among the three groups and ranges from 220 UAH to 600 UAH with 450 UAH being the average internet bill. Finally, the average monthly mobile charges is around 300 UAH but can range between 180 UAH and 900 UAH 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 Kyiv is around 7.7%. This means that people pay 7.7% of their income for energy, water, internet, and mobile charges. Those figures can range from 4.4% to 12% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Kyiv

Prices and cost of goods and services in Kyiv

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

Fast food combo meal price

45 UAH

90 UAH

150 UAH

MINIMUM

AVERAGE

MAXIMUM

$1.2

$2.3

$3.9

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Kyiv is approximatly 90 UAH with meal cost ranging from 45 UAH to 150 UAH. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

160 UAH

240 UAH

470 UAH

MINIMUM

AVERAGE

MAXIMUM

$4.1

$6.1

$12

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 160 UAH and 470 UAH with 240 UAH being the average price of a plate for one person at a regular restaurant in Kyiv.

Fine dining meal for one price

310 UAH

470 UAH

1,900 UAH

MINIMUM

AVERAGE

MAXIMUM

$8.2

$12

$49

The price range of a meal at fine-dining restaurant is 310 UAH to 1,900 UAH with the average cost being 470 UAH for one person. This is what you would expect to pay a top-tier diner in Kyiv.

Beverage prices, cappuccino, latte etc..

37 UAH

60 UAH

90 UAH

MINIMUM

AVERAGE

MAXIMUM

$0.97

$1.6

$2.3

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Kyiv is around 60 UAH. Price ranges between 37 UAH and 90 UAH depending on the type of beverage, the size, and optional add-ons.

Grocery and market costs

Large bottle of milk price

30 UAH

36 UAH

45 UAH

MINIMUM

AVERAGE

MAXIMUM

$0.78

$0.93

$1.2

The average price of a large bottle of milk in Kyiv is 36 UAH. The maximum what you would pay for milk is 45 UAH and the minimum being 30 UAH depending on the brand of milk and other properties.

12 eggs price

22 UAH

30 UAH

45 UAH

MINIMUM

AVERAGE

MAXIMUM

$0.58

$0.78

$1.2

A dozen eggs costs around 30 UAH on average with 22 UAH and 45 UAH being the lower and upper limits respectively.

Fresh whole chicken price

51 UAH

66 UAH

93 UAH

MINIMUM

AVERAGE

MAXIMUM

$1.3

$1.7

$2.4

The price range of a fresh whole chicken in Kyiv is between 51 UAH and 93 UAH depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 66 UAH.

Pack of beef price

60 UAH

90 UAH

180 UAH

MINIMUM

AVERAGE

MAXIMUM

$1.6

$2.3

$4.7

The price of a regular pack of beef or meat is around 90 UAH. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

24 UAH

33 UAH

47 UAH

MINIMUM

AVERAGE

MAXIMUM

$0.63

$0.86

$1.2

A bag of rice in Kyiv costs around 33 UAH on average with prices rangeing between 24 UAH and 47 UAH depending on the brand and quality.

Bag of tomatos price

9 UAH

12 UAH

22 UAH

MINIMUM

AVERAGE

MAXIMUM

$0.23

$0.31

$0.58

A bag of tomatoes costs anywhere from 9 UAH to 22 UAH. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

16 UAH

21 UAH

34 UAH

MINIMUM

AVERAGE

MAXIMUM

$0.42

$0.54

$0.90

A bag of apples costs 21 UAH 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 Kyiv is around 30%. This means that people spend 30% of their income on grocery and basic household items. The expenditure can range from 21% to 36% depending on salary and location.

Expenditure on food and grocery for every population group

A single person living alone spends approximately 5,400 UAH per month on grocery and food with expenditure fluctuating between 760 UAH and 36,000 UAH depending on location and the type of person. The average cost of food and groceries for a couple is around 7,900 UAH per month. That number can be get as low as 2,600 UAH or a high as 42,000 UAH. Families' spending on grocery ranges from 4,700 UAH to 88,000 UAH 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 Kyiv

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

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

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