Going on a holiday will not make you tighten your belt

10 July 2018


The cost of 20 years of annual two-week holidays in a pension as of today approximately equals the cost of purchasing a used car.

The cost of 30 years of annual two-week holidays in a pension approximately equals the cost of purchasing 15 sq. meters of residential quarters.

FinExpertiza has calculated which way of improvement of quality of life - purchase of a flat, an automobile or a package tour - is most affordable for Russians.

On the basis of Rosstat data, FinExpertiza analytical service has carried out calculations of the most affordable ways of improvement of life quality of Russian citizens.

The absolute leader among affordable ways of improvement of life quality is health tourism.

The basic type of a two-week vacation in a Russian pension costs 25,975.04 RUB, a vacation in a health resort - 39,783.24 RUB.

1 sq. m on the real estate market averages out at 53,164.31 RUB; therefore, improvement of life quality with just one more room - 15 sq. meters - is more than 30 times as expensive as spending holidays in pension.

A new domestic car costs 498,208.69 RUB, a new foreign car costs 907,206.81 RUB, and a used foreign car costs 587,721.29 RUB, which is 19.2 to 34.9 times more expensive than the basic type of vacation.

On average, Russians spend 0.2% of their income on health resort treatment - this means that very few Russian citizens spend their vacation health tourism. Whereas purchase of motor vehicles accounts for 6.9% of general costs of households. Being unable to afford both things, people have to choose: either to improve their health and travel for twenty or thirty years, or to buy a car just once.

"Spending a vacation in a health resort is at present the most inexpensive way of improvement of quality of life; besides, it has an obvious economic effect. According to the latest research, a two or three-week holiday in a health resort reduces the amount of flare-ups of chronic conditions by 2.5 to 3 times, and also reduces the average period of a sick leave by 30 to 40%. People get back to work 3 to 4 times earlier, and costs of medical treatment - visits to a doctor and purchase of medicine - become 2.5 times less expensive. This rule applies not only to those who have a chronic condition. Spending funds on health and recreation regarding the today’s pace of life is a must to stay able-bodied. Thus, our opinion is as follows: it is certainly a good idea to seek to buy a car or a flat, but not through economizing on rest. Health care and recreation should be number one", - Nina Kozlova, General Director of FinExpertiza, said.

Press-service of FinExpertiza Group
Tel. +7 (495) 775-22-00, +7 (495) 775-22-01 (ext. 260)
E-mail: pr@finexpertiza.ru

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