Abstract: the scientific article presents the results of an econometric study of the socio-economic indicators that characterize the standard of living of the population of the Russian Federation. The aim of the study is to identify the tightness of the relationship between the values of socio-economic indicators. The econometric study of the indicators of living standards of the population of the Russian Federation was carried out within the framework of the preliminary tasks: searching for an information resource and providing an information component of the forthcoming econometric study; carrying out an economic and theoretical analysis of the indicators of living standards of the population, which allows to determine the effective sign and factor; study of close dependence of socio-economic indicators with the help of correlation analysis. The study was informed by statistical data on the main socio-economic indicators of the standard of living of the population, presented on the official website of the Rosstat of the Russian Federation. The practical application of the presented study methodology is aimed at involving researchers in such econometric research, and the results of the study confirmed the existence of a direct close link between the indicators of living standards of the population of the Russian Federation. Direct close communication indicates that the increase in the subsistence minimum can increase the average monthly nominal accrued wages of employees of organizations.
Keywords: standard of living of the population, subsistence minimum, average monthly nominal accrued wages of employees of organizations, econometric study, correlation, agriculture