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New Holland Island in St. Petersburg, Russia

Cost of Living in Russia

By Betsy Burlingame

Last updated on Nov 27, 2021

Summary: What is the cost of living in Russia? Expats, digital nomads and retirees living in Russia talk about the general living costs, the cost of housing and health insurance.

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What is the average cost of housing in Russia?

If you are thinking about moving to Russia, cost of living in probably a key consideration. Expats commented about the cost of housing:

"Much higher. I could rent a house on the beach in South Carolina for the price of a 2 room flat here. Expect to pay $1200-1800 a month if you live alone," said another person in Moscow.

"This is the grand question indeed! Rentals are fair priced at about $10-$20 SqM/month. You get what you pay for! Buying an apartment here is expensive and getting more expensive. The best areas here for ex-pats are usually near to tourist areas and these are going for up to $3000 SqM. As mentioned above, the quality is not the best. Most buildings are from the Stalin era (1930)," remarked another expat in St. Petersburg.

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William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

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About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

New Holland Island in St. Petersburg, Russia

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