Darden2010
helg
On the other hand, current average salary in Russia in only $6.7K per year

($11.3K in Moscow city), however recent MBA's from top b-schools working in Russia have no problems repaying their loans. That's because there's a huge salary differentiation.
WOW the avg. salary in Moscow is USD 11.3 K ?!?!?!?! Isn't Moscow one of the most expensive cities in the world? How do people survive there with such high expenses and such low salaries?
Some people from my company go to Moscow for one-month exchanges and they get allowances of 100 EUR per day plus they have accomodation paid for and they still complain that they can hardly make ends meet. So how do normal people survive financialy in Moscow
THE most expensive

However, the way they calculate it is funny. Basically, they see, how much does it cost for an expat in Moscow to continue the same living style as in his/her home country. Naturally, locals always opt for less expensive housing, food, entertainment, etc., then expats, who have most of the expences compensated by a company anyways. Even in my company, apartments rented for my foreign colleagues are 5-10 times more expensive, than apartments owned or rented by my Russian colleagues. Same goes for food for example - foreigners will buy it in the high-end supermarkets in the downtown, while Russians would go for cheaper cash'n'carries, etc.