In the Irkutsk region, a living wage has been set for 2027.
It will increase by 6.3% and exceed 21 thousand rubles. Details on the amounts for each category are here.
The subsistence minimum is needed to assess people's standard of living, calculate social benefits and student scholarships, formulate federal and regional budgets, as well as determine the minimum wage and some types of insurance benefits.
The level of the cost of living determines which Russians will be recognized as having a low income, who require additional pension payments and how the level of debt collection will be adjusted.