Living Wages in Slovakia by August 2017. In Euro, per Month

The Living Wage is based on the concept that work should provide an adequate income to cover the necessary living costs of a family. WageIndicator calculates Living Wage for around 50 countries based on prices collected within the WageIndicator Cost of Living Survey. The Living Wage calculated by WageIndicator is composed of seven parts: food, housing, transport, health, education, tax and other costs.

WageIndicator presents Living Wages for several household types and working hours to respond to different demands for living wage information: Typical family Living Wage is a baseline estimate that respects the country specific conditions. Family includes two adults and the number of children is given by country specific fertility rate (1.4 children per woman). One parent is working full-time and the working hours of second parent are approximated by national employment rate (64% in 2017). Standard family Living Wage is estimated for a family composed of two adults and two children. One parent is employed full-time and the second parent works 4 days a week it means family employment rate is 1.8. Single-adult Living Wage represents an acceptable standard of living for a single individual working full-time with no dependents.

Expenditure and Living Wage calculation (monthly rates in EUR)

  Typical family   Standard family   Single-adult  
  from to from to from to
Food 200 255 236 300 59 75
Housing 150 195 150 195 120 180
Transport 40 50 40 50 20 25
Health 30 35 30 35 8 9
Education 50 100 50 100 0 0
Other costs 24 32 25 34 10 14
Total Expenditure 494 667 531 714 217 303
Net Living Wage 309 417 295 397 217 303
Gross Living Wage 389 525 372 500 273 381

Note: For more details see Living Wage FAQ.

Family Living Wages (monthly rates in EUR)

There is not a single answer to what is the adequate cost of living. The result is complex, as the cost of living varies by household composition, location, and employment pattern. The following table presents the Living Wage estimates for a set of common household compositions and under different assumptions about working hours.

  from to
Typical family (two parents + 1.4 children, 1.6 working) 390 525
Standard family (two parents + 2 children, 1.8 working) 370 500
Two parents and two children, 2 working 335 450
Two parents and two children, 1.5 working 445 600
Two parents and two children, 1 working 670 900
Two parents and three children, 1.6 working 465 625
Two parents and four children, 1.6 working 515 685
Single-adult without children, 1 working 275 380

Note: Results in the table are rounded.

Living Wages in Context (monthly rates in EUR)

Living Wages are presented in context with other wage indicators including minimum wage, poverty line, and various prevailing wages of workers. Table shows the development of income levels over two years.

7-12/20151-6/20167-12/20161-6/2017
  from to from to from to from to
Minimum wage 380 . 405 . 405 . 435 .
Living Wage - Typical Family 425 560 405 550 405 540 390 525
Living Wage - Single Adult 350 445 345 440 345 430 275 380
Real wage of low-skilled worker 475 585 495 620 505 625 500 615
Real wage of medium-skilled worker 535 665 550 685 560 700 570 705
Real wage of high-skilled worker 875 1220 935 1320 945 1330 975 1380

Note: Reported monthly earnings of workers in low-, medium-, and high-skilled occupations are obtained from the voluntary WageIndicator web surveys on work and wages over the last 36 months. Results in the table are rounded.

Living Wage model diet and food prices in EUR

The food expenditure is the main component of Living Wage and it is determined by the price of food basket. The food prices are taken from WageIndicator Cost of Living Survey which collects the actual prices of all items necessary to calculate the Living Wage. The composition of the food basket is taken from the national food balance sheets published by the UN Food and Agriculture Organization (FAO). The food basket is scaled to 2,100 calories per person per day that is the nutritional requirement for good health proposed by World Bank (Handbook on poverty and inequality, 2009).

Food itemGrams per dayEnergy (kcal)Price per kilo fromto
Wheat, barley and cereals 276 729 1.3 2
Rice 6 22 .9 1
Meat (beef, pork, poultry) 113 170 4.4 5
Oils (soyabean, olive, palm) 19 172 1 1.3
Sugar (Raw Equivalent) 69 245 .7 1
Maize and products 0 0 1.6 2
Milk - Excluding Butter 292 135 .6 .6
Vegetables, Other 96 25 1.2 1.6
Potatoes and products 106 69 .5 .6
Butter, Ghee 31 202 2 3.7
Groundnuts (Shelled Eq) 9 27 2 2.5
Pulses, Other and products 1 4 .9 1
Egg (price per 10 eggs) 33 45 20 1.3
Sunflowerseed Oil 4 37 1.3 1.5
Fish products 18 12 5 6.5
Beer 145 71 1.6 2
Sweeteners, Other 30 66 .8 1
Beans 1 2 1 1
Sweet potatoes 0 0 1 1.6
Bananas 13 8 1 1.3
Soyabeans 0 0 1.2 2
Apples and products 21 9 .7 1
Tomatoes and products 16 3 1 1.5
Onions 12 4 .6 .7
Oranges, Mandarines 33 7 .9 1.2
Plantains 3 2 1 1.2
Peas 1 4 1 1
Roots, Other 0 0 .7 1
Seeds and kernels 2 5 2 5
Wine 8 6 4 4.7
Cream 3 6 1.6 4
Olives (including preserved) 1 2 5 6
Honey 2 7 4.5 6
Citrus, Other 1 0 1 1.2
Lemons, Limes and products 5 1 1 1.5
Tea (including mate) 0 0 2 4
Grapefruit and products 2 0 1 1.3
Coffee and products 10 4 5 7.5

Data sources:

Living Wage FAQ.

WageIndicator Cost of Living Survey

World Bank Databank, Fertility rate – average births per woman in years 2010-2014

ILO, Estimated participation rate in 2017

FAO, Food balance sheet in 2013 

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