Number of the week: What is the price of a Russian life?

Sept 30 2015

$68,000 is the sum Russians feel their lives are worth in 2014, according to the latest poll by the Russian government’s Financial University.This is $10,500 higher than in 2013, when it was estimated at $57,500.The evaluation of the value of a life is used by insurance companies in working out compensation payments.The most expensive lives are those of citizens of Yekaterinburg and Moscow, valued at up to $113,000.The lowest cost of a life is in Ulyanovsk, the birthplace of Vladimir Lenin. Here, 555 miles east of Moscow, citizens estimate their worth at only $29,000.Almost 8 million Russians were interviewed in 36 cities as part of the poll.Source: Rossiyskaya GazetaRead more: Lack of options leaves Russia’s economy in a tight spot

This year Russians feel their lives are worth $10,500 more than in 2014

$68,000 is the sum Russians feel their lives are worth in 2014, according to the latest poll by the Russian government’s Financial University.

This is $10,500 higher than in 2013, when it was estimated at $57,500.

The evaluation of the value of a life is used by insurance companies in working out compensation payments.

The most expensive lives are those of citizens of Yekaterinburg and Moscow, valued at up to $113,000.

The lowest cost of a life is in Ulyanovsk, the birthplace of Vladimir Lenin. Here, 555 miles east of Moscow, citizens estimate their worth at only $29,000.

Almost 8 million Russians were interviewed in 36 cities as part of the poll.

Source: Rossiyskaya Gazeta