Benchmark

The Russian Economy in a Bowl of Borscht

A new study on regional price differences highlights Russia’s “two-track” system
Photographer: Getty Images
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Welcome to Bilibino, the most expensive place in Russia to get fed.

The 5,453 hardy residents of this outpost in the country’s far east (much closer to Alaska than Red Square) might think they’ve enough to put up with, what with winter temperatures plunging to minus 35 Fahrenheit and there being few roads out of town that go anywhere.