The monthly calculation index is an estimated indicator set annually by the state for the application and calculation of tax and other payments "as well as penalties" for calculating pension 'benefits' and other social benefits in Kazakhstan.
The cost of living is the minimum monetary income required per person, equal in size to the cost of the minimum consumer basket.
The minimum wage is a guaranteed minimum of monetary payments to an unskilled simple (less complex) labor worker when performing labor standards (labor duties) under normal conditions and with normal working hours.
Inflation is the depreciation of money caused by rising prices, a shortage of goods and a decrease in the quality of goods and services, as well as a decrease in their purchasing power.