Cost Of Living For a Student in Saratov 2024
Average Monthly Expenditure
Currency: RUB
Average monthly spending for students in Saratov
How much money does a student need in a month to survive in Saratov?
Students in Saratov spend around 46,000 RUB per month on average. Depending on the lifestyle, a student can survive with a monthly budget as low as 6,900 RUB or as high as 300,000 RUB. Location is a very important factor and has a huge influence on expenditure and budget.
Prices and cost of goods and services in Saratov
Dining, food, and beverages costs
Fast food combo meal
Restaurant meal for one
Fine dining meal for one
| 640 RUB | 960 RUB | 3,900 RUB |
Cappuccino or latte
Grocery and market costs
Milk large bottle
12 eggs
Fresh whole chicken
Pack of beef
Medium bag of rice
Bag of tomatos
Bag of apples
Commute, travel, and transportation costs
20 minutes taxi ride
Average car full tank
| 500 RUB | 660 RUB | 1,300 RUB |
Average car 1-day rental
Average car price
| 250,000 RUB | 500,000 RUB | 660,000 RUB |
Bus ticket one way
Car Service
| 620 RUB | 930 RUB | 1,900 RUB |
Utility cost (monthly)
Utility Bill - Student
| 280 RUB | 1,800 RUB | 12,000 RUB |
Internet and cable
| 500 RUB | 990 RUB | 1,300 RUB |
Mobile phone charges
| 400 RUB | 660 RUB | 2,000 RUB |
Leisure and activities costs
Movie ticket
One month gym membership
| 750 RUB | 930 RUB | 1,900 RUB |
Cloths and accessories costs
Pair of jeans or pants
| 550 RUB | 780 RUB | 1,200 RUB |
Woman dress
| 520 RUB | 720 RUB | 2,300 RUB |
Woman shoes
| 490 RUB | 670 RUB | 1,600 RUB |
Men's shoes
| 420 RUB | 520 RUB | 1,000 RUB |
Men suit
| 470 RUB | 580 RUB | 3,100 RUB |
Regular t-shirt
Housing costs / monthly rent
Studio apartment
| 7,800 RUB | 12,000 RUB | 31,000 RUB |
1-bedroom apartment
| 12,000 RUB | 19,000 RUB | 47,000 RUB |
2-bedroom apartment
| 16,000 RUB | 23,000 RUB | 62,000 RUB |
Housing costs / Buying
Studio apartment
| 1.6M RUB | 2.3M RUB | 4.7M RUB |
1-bedroom apartment
| 1.9M RUB | 3.1M RUB | 12M RUB |
2-bedroom apartment
| 3.1M RUB | 9.3M RUB | 19M RUB |
| $34,000 | $100,000 | $210,000 |
Furniture Costs
King Size Bed
| 9,900 RUB | 12,000 RUB | 17,000 RUB |
Double Bed
| 6,600 RUB | 9,900 RUB | 12,000 RUB |
Single Bed
| 5,800 RUB | 7,600 RUB | 9,900 RUB |
Living Room
| 11,000 RUB | 14,000 RUB | 50,000 RUB |
Dining Table
| 5,000 RUB | 6,600 RUB | 12,000 RUB |
Sofa or Couch
| 6,600 RUB | 9,000 RUB | 20,000 RUB |
Electronics and House Appliance Costs
TV Set
| 6,600 RUB | 9,900 RUB | 20,000 RUB |
Fridge or Freezer
| 5,800 RUB | 9,000 RUB | 12,000 RUB |
Washing Machine
| 7,600 RUB | 11,000 RUB | 20,000 RUB |
Stove or Cooker
| 7,100 RUB | 9,000 RUB | 12,000 RUB |
Mobile Phone
| 8,300 RUB | 9,900 RUB | 14,000 RUB |
Laptop or Computer
| 9,000 RUB | 11,000 RUB | 20,000 RUB |
How do students spend their money in Saratov?
We asked thousands of students about their spending habits and expenditure break down.
Housing and accomodation expenditure for students
Accomodation Cost17%
17% of total expenses on average (12% to 23%)
| LOW | $18 1,700 RUB |
| AVERAGE | $120 11,000 RUB |
| HIGH | $800 73,000 RUB |
| Per Month |
Students in Saratov typically spend from 12% to 23% of their total monthly expenditure on housing with 17% being the average. The average monthly spend on housing is 11,000 RUB with expenditure ranging from 1,700 RUB to 73,000 RUB. This cost mainly goes for rent but it also includes other accommodation-related expenses.
Electricity, utilities, energy, water, internet, and mobile expenditure for students
Cost of utilities7%
7% of total expenses on average (5% to 11%)
| LOW | $3.1 280 RUB |
| AVERAGE | $20 1,800 RUB |
| HIGH | $130 12,000 RUB |
| Per Month |
Utility expenditure like electricity, water, and gas in Saratov ranges from 5% to 11% of total expenses with 7% being the average for most students. The average monthly cost of utilities is 1,800 RUB with 280 RUB and 12,000 RUB being the upper and lower limits for a student of four.
Transport, fuel, and commute expenditure for students
Cost of transport and fuel4%
4% of total expenses on average (4% to 10%)
| LOW | $5.3 490 RUB |
| AVERAGE | $35 3,200 RUB |
| HIGH | $230 21,000 RUB |
| Per Month |
Fuel consumption and cost of transport depend heavily on whether a student resides near school and work, but roughly speaking a student would expect to spend from 490 RUB to 21,000 RUB in a month on commuting with 3,200 RUB being the norm for most students. This means that money spent on transport constitutes about 4% of total spending on average but can go as low as 4% or as high as 10%.
Food, groceries, and basic shopping expenditure for students
Food and Groceries Cost23%
23% of total expenses on average (17% to 27%)
| LOW | $15 1,400 RUB |
| AVERAGE | $100 9,100 RUB |
| HIGH | $670 61,000 RUB |
| Per Month |
The average outlay on groceries and basic houshold items for a typical student in a month in Saratov is 9,100 RUB. The cost of groceries can range between 1,400 RUB to 61,000 RUB. Students spend on average about 23% on food and groceries with upper and lower bounds of 17% and 27% respectively.
Healthcare and medical services expenditure for students
Cost of healthcare9%
9% of total expenses on average (6% to 12%)
| LOW | $4.6 420 RUB |
| AVERAGE | $30 2,700 RUB |
| HIGH | $200 18,000 RUB |
| Per Month |
Students in Saratov allocate 6% to 12% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 9%. The range of medical expenses range from 420 RUB to 18,000 RUB with 2,700 RUB being the norm for most students.
Leisure and shopping expenditure for students
Cost of leisure and shopping2%
2% of total expenses on average (2% to 6%)
| LOW | $3.8 350 RUB |
| AVERAGE | $25 2,300 RUB |
| HIGH | $170 15,000 RUB |
| Per Month |
This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 350 RUB to 15,000 RUB with 2,300 RUB being the average. Speaking of percentages, that equates to 2% to 6% of total expenses with an average of 2% for most students.
Education and schooling expenditure for students
Cost of education and schooling18%
18% of total expenses on average (11% to 23%)
| LOW | $14 1,300 RUB |
| AVERAGE | $95 8,700 RUB |
| HIGH | $640 58,000 RUB |
| Per Month |
Spending on education can vary drastically between different students. On average, education constitutes 18% of the monthly expenditure of students with 11% and 23% being the lower and upper bounds respectively. The average reported education cost is 8,700 RUB per month with 1,300 RUB being the minimum spent amount and 58,000 RUB being the maximum.
Other Expenses19%
19% of total expenses on average (13% to 25%)
| LOW | $11 1,000 RUB |
| AVERAGE | $75 6,800 RUB |
| HIGH | $500 46,000 RUB |
| Per Month |
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
The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.
Affordable living in Saratov
Income and cost of living compatibility
We asked students one simple question and recorded their answers.
Is it affordable or economical to live in Saratov?
Around 55% of surveyed students think that living in Saratov is affordable with proper budgeting while 45% reported that it is just too expensive and not affordable even with frugality and thriftness.
Low-cost alternatives in Saratov
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 students how easily cost-cutting is and the answers were distributed as follows:
Plenty of low-cost options52%
Few low-cost options48%
Based on the survey, 52% of the students living in Saratov have no problem finding low-cost alternatives to support a frugal lifestyle while 48% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.
Emergency Funds For Students
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 students of Saratov whether they have an emergency fund and the answers were as follows.
Yes53%
No47%
Based on the survey, 47% of the students living in Saratov said that they don't have an emergency fund while 53% 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 student guardians and parents in Saratov 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 students 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%
Housing costs, accommodation, and housing affordability in Saratov
Rental costs and house/apartment prices can vary drastically between different areas and locations.
Rent Cost in Saratov
Monthly Rent Prices
Studio apartment monthly rent cost
| 7,800 RUB | 12,000 RUB | 31,000 RUB |
1-bedroom apartment monthly rent cost
| 12,000 RUB | 19,000 RUB | 47,000 RUB |
2-bedroom apartment monthly rent cost
| 16,000 RUB | 23,000 RUB | 62,000 RUB |
3-bedroom apartment monthly rent cost
| 19,000 RUB | 31,000 RUB | 85,000 RUB |
Furnished apartment monthly rent cost
| 37,000 RUB | 93,000 RUB | 190,000 RUB |
Townhouse monthly rent cost
| 31,000 RUB | 47,000 RUB | 130,000 RUB |
House monthly rent cost
| 37,000 RUB | 93,000 RUB | 190,000 RUB |
Villa monthly rent cost
| 47,000 RUB | 120,000 RUB | 190,000 RUB |
The monthly rental cost of a studio apartment in Saratov ranges between 7,800 RUB and 31,000 RUB, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 12,000 RUB to 47,000 RUB. Two-bedroom rentals rate ranges between 16,000 RUB and 62,000 RUB per month. The monthly rental for a three-bedroom apartment ranges from 19,000 RUB to 85,000 RUB. The average rent of a townhouse in Saratov is around 47,000 RUB while house rental costs can be as high as 93,000 RUB per month. Finally, if you want to rent a villa, expect to pay anywhere from 47,000 RUB to 190,000 RUB per month.
Apartment and house prices in Saratov
Cost of buying a property
Studio apartment price
| 1.6M RUB | 2.3M RUB | 4.7M RUB |
1-bedroom apartment price
| 1.9M RUB | 3.1M RUB | 12M RUB |
2-bedroom apartment price
| 3.1M RUB | 9.3M RUB | 19M RUB |
| $34,000 | $100,000 | $210,000 |
3-bedroom apartment price
| $110,000 | $170,000 | $510,000 |
Townhouse price
House price
Villa price
| 19M RUB | 100M RUB | 160M RUB |
The average price of a studio apartment in Saratov can range from 1.6M RUB to 4.7M RUB depending on location. One bedroom cost can be anywhere from 1.9M RUB to 12M RUB. A villa can cost you 100M RUB on average with prices ranging from 19M RUB to 160M RUB.
If you're leasing or purchasing, housing costs in Saratov will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.
House / apartment prices to income ratio
Property price to income ratio
( average property price / average monthly income ) x 100
| 35 | x102 monthly income | 186 |
Property prices in Saratov can be x102 to x186 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x102 multiples of the average monthly salary in Saratov.
Rent to income ratio
Rent to income ratio
( monthly rental / monthly income ) x 100
The average rent-to-income ratio in Saratov is around 28%. This means that people pay 28% of their income for rent. Those figures can range from 19% to 37% depending on the salary, location, and type of property.
The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.
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.
Housing Affordability Index
26% 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.
| 140 RUB | 1,800 RUB | 18,000 RUB |
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 Saratov
Utilities expenditure can vary slightly between different areas and locations.
Energy, electricity, water, gas, internet, and mobile cost in Saratov
Utility Bill Cost / Electricity + Water + Gas / Student
| 280 RUB | 1,800 RUB | 12,000 RUB |
Internet and cable cost
| 500 RUB | 990 RUB | 1,300 RUB |
Mobile phone bill and charges
| 400 RUB | 660 RUB | 2,000 RUB |
Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.
The average monthly energy and water consumption of students is around 1,800 RUB. The cost of internet and WiFi ranges from 500 RUB to 1,300 RUB with 990 RUB being the average internet bill. Finally, the average monthly mobile charges is around 660 RUB but can range between 400 RUB and 2,000 RUB depending on consumption. Mobile charges include both calling minutes as well as data packages.
Energy / Utility expense to income ratio
( monthly utility expenses / monthly income ) x 100
The average utility-to-income ratio in Saratov is around 4.5%. This means that people pay 4.5% of their income for energy, water, internet, and mobile charges. Those figures can range from 1.8% to 8.1% depending on salary and location.
Food Prices, Dining Expenses, and Grocery Costs in Saratov
Grocery / Food expenditure and prices can vary drastically between different areas and locations.
Prices and cost of goods and services in Saratov
Dining out, food, and beverages costs. Price variations for common food items.
Fast food combo meal price
The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Saratov is approximatly 200 RUB with meal cost ranging from 99 RUB to 330 RUB. The typical combo meal consists of a burger, french fries, and a drink.
Restaurant meal for one price
If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 320 RUB and 960 RUB with 480 RUB being the average price of a plate for one person at a regular restaurant in Saratov.
Fine dining meal for one price
| 640 RUB | 960 RUB | 3,900 RUB |
The price range of a meal at fine-dining restaurant is 640 RUB to 3,900 RUB with the average cost being 960 RUB for one person. This is what you would expect to pay a top-tier diner in Saratov.
Beverage prices, cappuccino, latte etc..
The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Saratov is around 130 RUB. Price ranges between 83 RUB and 200 RUB depending on the type of beverage, the size, and optional add-ons.
Grocery and market costs
Large bottle of milk price
The average price of a large bottle of milk in Saratov is 80 RUB. The maximum what you would pay for milk is 99 RUB and the minimum being 66 RUB depending on the brand of milk and other properties.
12 eggs price
A dozen eggs costs around 66 RUB on average with 50 RUB and 99 RUB being the lower and upper limits respectively.
Fresh whole chicken price
The price range of a fresh whole chicken in Saratov is between 110 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
The price of a regular pack of beef or meat is around 200 RUB. A pack of beef contains around 1Kg or 1lb depending on packing.
Medium bag of rice price
A bag of rice in Saratov costs around 73 RUB on average with prices rangeing between 53 RUB and 100 RUB depending on the brand and quality.
Bag of tomatos price
A bag of tomatoes costs anywhere from 20 RUB to 50 RUB. A bag of tomatoes denotes 1Kg or 1lb depending on location.
Bag of apples price
A bag of apples costs 46 RUB on average. A bag of apples denotes 1Kg or 1lb depending on location.
Grocery and food expenditure to income ratio
( monthly grocery expenses / monthly income ) x 100
The average grocery-to-income ratio in Saratov is around 23%. This means that students spend 23% of their income on grocery and basic household items. The expenditure can range from 16% to 29% depending on salary and location.
Expenditure on food and grocery for students
Students' spending on grocery ranges from 1,400 RUB to 61,000 RUB with the location, income, and size of the student being the most determinite factors.
