Dagestan showcases lowest average cost of constructing 1 square meter of new buildings in Russia


According to “Dom.RF" web portal, the price per 1 square meter of new building in Dagestan makes RUB 36,000 in April of 2024, which is significantly lower than in other regions of the North Caucasian Federal District.

In comparison, the average cost in Chechnya is 29.3 thousand rubles, the next highest is in North Ossetia (46.2), Karachay-Cherkessia (47.2), and Stavropol Krai (47.9). The highest prices were recorded in Ingushetia (53.8).

In the Russian Federation, the highest average construction cost per square meter is found in the Chukotka Autonomous Okrug, where it is 265,000 rubles per square meter. This is followed by Moscow, with an average of 156,500 rubles and the Magadan Region, with an average of 116,200 rubles.

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