Cost of living in Ryazan (Russia) is 73% cheaper than in Melbourne (Australia)

This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 929 prices entered by 129 different people.
For example, to keep the same standard of living that would require AU$8,100 in Melbourne you would need to make just about AU$2,151 (руб 126,965) in Ryazan.

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