Criterion |
Cost approach to the calculation of the living wage |
Income approach to the calculation of the living wage |
Essence of the living wage |
Cost estimation of the consumer basket, as well as mandatory payments and fees |
Minimum amount of a citizen's income required for life support |
Basis for calculating the living wage |
Consumer basket cost |
Median per capita income |
Frequency of determining the value of the living wage |
once per quarter |
Once per year |
Frequency of updating the rules for calculating the living wage |
Not provided |
at least once every 5 years |
Possibility of reducing the cost of living |
Yes |
No |