$67 enough to survive in Georgia, figures show

In November 2015 the minimum subsistence level for an average family reached 277.9 GEL, said Geostat. Photo by N. Alavidze/Agenda.ge.
Agenda.ge, 15 Sep 2016 - 13:10, Tbilisi,Georgia

A person needs at least $67 USD each month to support themselves in Georgia, reveals the National Statistics Office of Georgia (Geostat).

The minimum subsistence level for a working age male in August 2016 was 156 GEL (about $67/€60*), said the National Statistics Office of Georgia (Geostat) in its latest data published today.

The minimum subsistence level is calculated based on the minimum cost of items in the food basket, defined by Georgian law since 2004. The indicator did not include monthly mortgage or rent costs, or utility bills.

For the average consumer, the minimum subsistence level was 138.2 GEL in August, while an average family needed at least 261.6 GEL to survive.

Interested in how much does the average Georgian family spend per year? Read the full story here. 

As for households, the minimum amount of money needed was:

  • For a one-person household – 138.2 GEL
  • For a two-person household – 221GEL
  • For a three-person household – 248.7 GEL
  • For a four-person household – 276.3 GEL
  • For a five-person household – 310.8 GEL
  • For a six or more person household – 367.5 GEL

The minimum amount of money person needed to survive in Georgia has dropped slightly over the past five months of 2016.

Meanwhile in August 2016 the monthly inflation rate of 1.4 percent was mainly formed by price increases for food and nonalcoholic beverages.

Last month prices were substantially higher for:

  • Fruit and grapes (13.7 percent)
  • Milk, cheese and eggs (3 percent)
  • Vegetables (2 percent)

* Currency rates are according to today's National Bank of Georgia exchange rate.