Living in Ukraine.
In most cases these secondary incomes are received in cash because cash is the most popular form of currency in Ukraine and is practically the only kind of transactions in stores. As a result, Ukraine has an area of unofficial “gray” economics along with the official economic statistics. These two economies produce a situation where it is impossible to know the sources and amount of income of many Ukrainian households. For now official statistics state that expenditures of the Ukraine population are considerably larger than recognized income.
Here is a short review of the State Statistics Committee of Ukraine based on survey data taken during the first quarter of 2008. Due to the double nature of the Ukraine economics mentioned above, it must be understood that these official data have some significant errors and cannot be applied directly in order to truly understand the economic situation in Ukraine. Nevertheless it will give you a clear idea of what life is like for people living in Ukraine and how they spend their money.
It was an official statistics. To help aid you, here is a real life example taken from the everyday life experiences of an average family living in a big city in Ukraine. This family is really an average one, their income is not below the official standard of living poverty level, but at the same time their living conditions are not the best and quite typical for Ukrainian families. Information presented below about this family will give you a better idea about the life of people living in Ukraine. Let me introduce them.
Their monthly payments are about 500 UAH/ USD 94 per month in the winter and 300 UAH/USD 57 in the summer season. When they first purchased the apartment the total living space was listed as 44.5 sq.m / 479 sq.ft. . Then for some mysterious reason many years later according to the bills they receive for their house payment, its area has been increased to 59.5 sq. m / 640 sq.ft. Perhaps balconies are considered as a living space nowadays. :(
I have personally known this family for many years. They are extremely friendly and hospitable people and the warm and inviting atmosphere of their house always attracts their numerous friends. But facts are facts and there are four generations living in that apartment.
They cannot afford to buy another apartment or a house. Even if they could manage to do it, they would be faced with other additional expenses. For example, if the older lady we talked about were to live alone, she would not be able to make house payments and to buy food, because her pension is not big enough to pay for both.
Now you should have an idea about what an average family living in Ukraine can afford for itself.