Russia's social well-being index has grown

Russians' social well-being index (the ratio of average monthly salary to the cost of living) increased over the year from 3.31 to 3.58. These are the data of the research of the Civil Society Development Foundation (CSDF) "Regions-Leaders of Socio-Economic Sustainability. Top-35", prepared based on the results of the third quarter.

As noted in FORGO, the index of industrial production for September 2024 to September 2023 amounted to 103.2, the shipment of own-produced goods (excluding VAT) increased by Br21.46 trillion per person, or 17%, while the value of manufactured and shipped goods per capita of the economically active population for the same period in the country as a whole increased from Br862.5 thousand to Br1.01 million per person (by 17.2%).

The average monthly salary in Russia as a whole for the same period increased by 18.4% - from 69.4 to 82.2 thousand rubles, and the cost of living (a fixed set of goods and services) according to Rosstat for the same period increased from 21 to 23 thousand rubles (+9.5%).

Therefore, as a consequence, the index of social well-being (the ratio of average monthly salary to the cost of living) in Russia as a whole increased over the year from 3.31 to 3.58, explained in FORGO.

Read more in the exclusive material "Izvestia":

"At the top of the list: Russia's top 35 sustainable regions".