Cost of living in Belarus

Money

The cost of living in Belarus is relatively low compared to other European countries, like Norway or Switzerland which are ranked two of the most expensive nations. As of March 2011, Belarus was ranked 193rd by Mercer to measure the cost of living among 214 cities all over the world.

Renting

As with any other country, rental accommodations in the Belarusian city center are always more expensive than those in the suburban areas. A one-bedroom apartment in Minsk costs about $326 to $600 a month, while a three-bedroom apartment is priced from $565 to $1,000 a month. A one-bedroom apartment outside the city center costs about $250 to $400, and a three-bedroom apartment costs approximately $500 to $700 per month.

Utilities

The prices for basic utilities in Belarus like water, electricity, garbage and heating start from $34 to $55. A one minute local call from mobiles cost about $0.02 to $0.05, while internet connection with unlimited data and a speed of 6Mbps cost approximately $17 to $23.

Food Consumption

A meal at an inexpensive Belarusian restaurant is approximately $10, while a three-course meal for two people at a mid-range restaurant costs about $37. A cappuccino in a Belarusian restaurant costs about $1.97. Buying a combo meal at McDonalds costs around $6.

Transportation

A one-way ticket for a local transport such as the railway costs about $0.23, while a monthly pass costs $13.

Taxation

Everyone working in Belarus – residents or non-residents – pays an income tax rate of 12% each month, which is deductible to their monthly income.

Buying Real Estate

The land in Belarus is all publicly-owned.

Despite the growing number of foreign investors in Belarus, foreign nationals or foreign legal entities are not allowed by the Belarusian government to own a land or property. Only Belarusians and Russians are allowed to buy properties in the country.