Basic food spending to minimum wage in CEE 2024

Published by
Adriana Sas,
Feb 13, 2024
The ratio of basic food spending to the minimum wage in the CEE region was the highest in Ukraine, reaching over 49 percent, and the lowest in Poland - 13.2 percent as of January 2024. In other words, the monthly expenses on the basic food basket occupied approximately one-seventh percent of the official minimum wage in Poland and nearly half in Ukraine.

Cost of food as a share of minimum wages in selected Central and Eastern European countries as of January 2024

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Source

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Release date

January 2024

Region

CEE

Survey time period

January 2024

Supplementary notes

The basic food spending was calculated by the source as the total price of a consumer basket with the following products: 10 bread loafs, 10 liters of milk, 20 eggs, 1.5 kilograms of rice, 1 kilogram of cheese, 6 kilograms of meat, 6 kilograms of fruit, and 8 kilograms of vegetables.

The statistic has been compiled from several reports by the source.

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