Cost of Living In Ukraine
National currency is Hryvnia (UHR). 1 USD = 27 Hryvnia. In order to live comfortably while you are in Ukraine, you’ll need to have about $1,500 to $2,000 per year available for living costs above tuition costs. The cost of living is a lot cheaper than most other European cities. You can change foreign currency in banks, kiosks or the international airports.
In the airports the currency rate is the same as in other places. Payment for purchasing and services is done in hryvnias. Nevertheless, some companies take payments in USD. Most of the shops, hotels, transport companies, clubs and restaurants accept major international credit cards. Most cities have a well developed network of Automated Teller Machines (ATMs) for most banks, including PRIVAT bank which is the most popular among foreign students. We help students open an account with this bank where they can save money both in foreign currency and Ukrainian hryvnia. Departments of the bank are situated in many regions throughout the country. It’s easy to transfer money through the Western Union.