Business news from Ukraine

Business news from Ukraine

Cost of residential construction in Ukraine has risen again

The indirect cost of housing construction in Ukraine in the second quarter of 2026 rose by 2.21% compared to the previous quarter and by 7.21% compared to the same period last year, according to the indicators of indirect housing construction costs in Ukraine’s regions approved on July 16 by the Ministry of Community Development.

The relevant document establishes indirect indicators of housing construction costs, calculated as of July 1, 2026. According to the document, the average figure in Ukraine is 27,200 UAH/sq. m, whereas at the beginning of the year it was 25,700 UAH/sq. m, compared to 23,800 UAH per square meter as of January 1, 2025, and 21,200 UAH per square meter in 2024.

According to the ministry’s data, the indirect cost of constructing 1 square meter of housing in Kyiv as of July 1, 2026, rose to 31,800 UAH; in the Kyiv region—to 27,100 UAH; in the Lviv region—to 27,000 UAH; in the Zakarpattia region—to 23,600 UAH, in the Ivano-Frankivsk region—to 24,400 UAH, in the Odesa region—to 26,000 UAH, and in the Dnipropetrovsk region—to 26,300 UAH. High figures were also recorded in the Kharkiv and Donetsk regions—28,600 UAH/sq. m and 28,500 UAH/sq. m, respectively.

Region Name Cost per 1 sq. m of total apartment area in a building (including VAT), UAH Region Name Cost per 1 sq. m of total apartment area in a building (including VAT), UAH

Ukraine 27,211 Mykolaiv 27,171

Vinnytsia 26,239 Odesa 26,069

Volyn 26,157 Poltava 24,195

Dnipropetrovsk 26,382 Rivne 26,727

Donetsk 28,582 Sumy 25,528

Zhytomyr 23,919 Ternopil 25,506

Transcarpathian 23,622 Kharkiv 28,601

Zaporizhzhia 26,354 Kherson 24,758

Ivano-Frankivsk 24,469 Khmelnytskyi 26,188

Kyiv 27,177 Cherkasy 26,802

Kirovohrad 23,127 Chernivtsi 25,188

Luhansk 26,103 Chernihiv 27,244

Lviv 27,063 Kyiv 31,802

Data: Ministry of Community and Territorial Development of Ukraine

It is noted that the figures do not include territories temporarily occupied by the Russian Federation or parts of territories where hostilities are (were) taking place, in accordance with the current list of such territories.

In accordance with the law, these figures are used to determine the volume of state investments in housing construction for citizens in need of improved living conditions, as well as to determine the amounts of preferential housing loans.

 

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