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Rent Costs
Monthly rental of office space rent (€ m2) A-Class B-Class
Vilnius 15.0 12.0
Kaunas 11.0 7.25
Klaipeda 13.0 7.5
Šiauliai - 6.0
Panevežys - 6.5
Monthly rental of retail space rent (€ m2) High Shopping
street centres
Vilnius 45 18
Kaunas 35 15
Klaipeda 30 15
Šiauliai 25 12
Panevežys 20 15
Monthly rental of new construction warehouse space (€ m2)
Vilnius 4.2 - 6.0
Kaunas 4.0 - 6.0
Klaipeda 4.0 - 5.0
Source: KOBA, www.koba.lt
Utility Costs
Utilities for companies Measurement Average rates €
Electricity 1 kWh 0.04 - 0.1
Natural gas 1 m3 0.15 - 0.33
Cold drinking water 1 m3 0.50-0.58
Cold water for technical purposes 1 m3 0.25-0.30
Hot water 1 m3 3-3.3
Source: Utility providers
Salaries
Since July 1, 2006, the minimum monthly salary is 600 LTL (€ 174), the minimum hourly salary is 3,28 LTL (€ 0,95). The average gross monthly wage in the 4th quarter of 2005 was 1,453 LTL (€ 421).Average monthly gross salaries by economic activity, 2005 4Q.
Sector Salary €
Manufacturing 389
Manufacture of food products, beverages and tobacco 361
Manufacture of textiles and textile products 309
Manufacture of wood and wood products 305
Manufacture of chemicals 641
Manufacture of rubber and plastics products 416
Manufacture of machinery and equipment 435
Manufacture of electrical and optical equipment 427
Manufacture of furniture 371
Electricity, gas and water supply 582
Construction 425
Wholesale and retail trade 391
Hotels and restaurants 295
Transport and communications 433
Post and telecommunications 508
Financial intermediation 856
Insurance and pension funding 704
Education 363
Source: Lithuanian Department of Statistics, www.stat.gov.lt/en/
Lithuanian Development Agency, http://www.lda.lt
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