You can live on $66 in Georgia, statistics show
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The minimum cost of living is slightly increasing in Georgia month-on-month, meaning a person needs more money to support themselves.
In January 2016 the minimum subsistence level in Georgia was about 1.8 GEL higher than in the previous month, said the National Statistics Office of Georgia (Geostat).
Figures showed the minimum subsistence level for an able-bodied male in January 2016 was 164.2 GEL (about $66/€59*), while it was 162.4 GEL (about $65/€58) in December 2015.
For the average consumer, the minimum subsistence level was 145.5 GEL in January, while it was 143.9 GEL in December.
For an average family the minimum subsistence level reached 275.5 GEL. In December 2015 it was 272.5 GEL.
As for households, the minimum amount of money needed to survive was:
- For a one-person household – 145.5 GEL
- For a two-person household – 232.8 GEL
- For a three-person household – 261.9 GEL
- For a four-person household – 291 GEL
- For a five-person household – 327.3 GEL
- For a six or more person household – 387 GEL
Geostat calculated subsistence minimum indicators based on the minimum consumer food basket, defined since 2004. The indicator did not include monthly mortgage or rent costs, or utility bills.
Geostat calculated the minimum subsistence level in accordance with the law "as defined and determined by the food substances and the energy required for the body’s physiological needs and to identify the minimum required standards and normative approval of the composition of the subsistence level”.
* Currencies are equivalent to today’s National Bank of Georgia exchange rate.
The Producer Price Index (PPI) for industrial products is decreasing month-on-month in Georgia, while it is on rise year-on-year (y/y).
Life is getting expensive, but just how expensive is it to live in Georgia? While the minimum amount of money needed to survive in Georgia is increasing, latest statistics show the cost of some basic food items is dropping thanks to a slight fall in the monthly inflation rate.
Georgia’s monthly inflation rate is slightly dropping while the annual inflation rate is on the rise following price changes to several major commodities in the consumer basket.
The amount of money a person needs to support themselves in Georgia is slowly increasing month-on-month.
The amount of money a person needs to support themselves in Georgia is slowly rising.
The cost of some basic food items in Georgia is dropping thanks to a slight fall in the monthly inflation rate while the prices on manufacturing, chemical products and tobacco are on the rise.
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A person needs a minimum of $71 USD to support themselves in Georgia, reveals official figures.
The minimum subsistence level for a working age male in May 2016 was 160.6 GEL (about $76/€67*), claimed the statistical agency in its latest data published today.
A person needs at least $67 USD each month to support themselves in Georgia, reveals the National Statistics Office of Georgia (Geostat).
A person needs at least $64 USD each month to support themselves in Georgia, reveals the National Statistics Office of Georgia (Geostat).
Subsistence minimum for average household in October 2019 reached 323.5 GEL ($108.8/€98.7) which is 32 ($10.8/€9.8) GEL more compared to the same period of last year, show data from the National Statistics Office of Georgia (Geostat).