Russians’ New Year Budget Exceeded Pre-COVID-19 Level

The average Russian is going to spend 18.5 thousand rubles per person for the celebration of the New Year holidays, excluding gifts. The biggest budget for the holidays is planned by residents of Moscow, while the smallest one, by Volgograd residents.  

In total, 35 per cent of Russians plan a certain budget for the New Year 2022, while 45 per cent do not make such calculations. Young people under 24 are one and a half times more likely than the older generation to count the limit of holiday expenses in advance (48 per cent versus 31 per cent, respectively).

On average, Russians plan to spend 18.5 thousand rubles per person on New Year’s days, excluding gifts, which is slightly more than in 2020 and compared to the pre-crisis times. Residents of the country attribute the increase in spending mainly to inflation.

The largest budget for holidays is recorded for Russians with an income of 80 thousand rubles (24.1 thousand rubles). Besides, the survey revealed that men plan to spend more money than women (20.3 versus 16.4 thousand rubles, respectively), and young people under 24 are more than representatives of other age categories (20.3 thousand rubles).

It is also specified that in Moscow, the average amount of estimated expenses during the New Year holidays is 23.2 thousand rubles per person, excluding gifts. St. Petersburg is in second place in terms of the size of the holiday budget (on average 20.4 thousand rubles), and Krasnoyarsk and Samara shared third place (19.3 thousand rubles each). Residents of Volgograd (14.3 thousand rubles), Nizhny Novgorod (15.8 thousand rubles), and Novosibirsk (16.2 thousand rubles), on the contrary, plan to spend the least.

If we compare these results with those of 2019, the New Year’s budget is higher today than the pre-COVID-19 level in Moscow, St. Petersburg, Samara, Omsk, Ufa, Kazan, Voronezh, Chelyabinsk, Rostov-on-Don, and Novosibirsk. Residents of Krasnoyarsk, Yekaterinburg, Perm, Nizhny Novgorod, and Volgograd, on the contrary, will spend less on holidays than they spent before COVID-19.

Ru-Main, 30.11.2021
Source: SuperJob 

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