Assessment of the Standard of Living of the Population of the Altai Region Based on the Analysis of the Consumer Basket

Abstract

Primary incomes received by the population are an important incentive to improve labor productivity, its quality, and also serve as the main source of meeting the vital needs of the population. They determine the purchasing power of the population and its standard of living. This study is devoted to the study of the real standard of living of the population of the Altai Territory. During it, the composition of the consumer basket of Russians for 2022 was determined, compared with the norms established by the Ministry of Health of the Russian Federation and the level of food consumption in the USSR. The characteristic of the subsistence minimum for the population of the regions of the Siberian Federal District is given in comparison with the average value for the Russian Federation. The composition and dynamics of the resources of households in the Altai Territory as a whole and by categories of rural and urban population were also studied. Particular attention was paid to the study of the composition and dynamics of the expenses of the citizens of the region as a whole, as well as in the context of the urban and rural population. In the course of detailing the expenditure part of the budget of the inhabitants of the region, the food basket, the cost of purchasing non-food products and paying for services were analyzed. On the basis of the conducted research, it became possible to conclude that a very low standard of living has developed in the region, a significant part of the population drags out a beggarly existence.