The minimum wage in Ukraine is one of the issues that many people are curious about, especially those who want to settle in this country and find a job. For those who are wondering how much the minimum wage is in Ukraine, I did a comprehensive research and I will present it to you. I researched the current prices for you. With the increase in January, I will share with you what the minimum wage is in Ukraine and what the living conditions are like here.
Ukraine Minimum Wage (Currently)
The current price of the minimum wage in Ukraine is among the subjects that many people research. With the increase made as of January 1, 2021, there has been an increase in the minimum wage price in Ukraine. With the increase in January, minimum wage prices increased by 500 hryvnia in total. Currently, the minimum wage in Ukraine is exactly 4,723 hryvnia. This amount corresponds to 199.4 dollars.
After the increase in the minimum wage in Ukraine, the living conditions have become a little easier. This amount is lower when compared to the minimum wage in Turkey. The value of the minimum wage in dollars in Turkey is 377 dollars. This comparison clearly shows that living on minimum wage in Turkey is easier than living on minimum wage in Ukraine. In my opinion, it is more economical to spend a holiday and spend in Ukraine with Turkish lira, but it is not a logical move to settle there completely, according to the minimum wage conditions. Because the market prices here are the same on average when compared with the market prices in Turkey. Even though accommodation and alcohol costs in Ukraine are a little more affordable, there is not a big difference in general terms.
Living on Minimum Wage in Ukraine
It seems to me that living on minimum wage is easier in Turkey when comparing Ukraine and Turkey. While the value of the minimum wage in dollar terms is 377 in Turkey, this figure is 199.4 in Ukraine. In addition, if the living standards between the two countries are compared, basic needs correspond to the same costs on average. In this case, while the minimum wage in Turkey makes life easier in Ukraine, the Ukrainian minimum wage is not sufficient for living conditions. In my opinion, those who think that living conditions will be better with the minimum wage in Ukraine should definitely not make this mistake. While Ukraine is the lowest cost fare in Europe for vacation and sightseeing, it’s not a very sensible place to settle completely.