The average temperature for January in the village is -50°C and the coldest temperature ever recorded there was -71.2°C, reports the Daily Mail.
Oymyakon - 750 metres above sea level - has a population of approximately 500 people and began as a stopping place for reindeer herders in the 1920s and 1930s, becoming a permanent settlement during the Soviet government's attempts to settle nomadic populations.
Despite the harsh temperatures, life isn't majorly affected by the cold and the local school only shuts if temperatures fall below -52°C.
The village boasts very few modern conveniences as coal and wood is mostly used for heat.
With such low temperatures, little grows in Oymyakon and locals survive on a diet made largely of reindeer and horsemeat with the bare necessities coming from a singular shop.
However, residents do not suffer from malnutrition due to the micronutrients found in their animal milk.
Temperatures of -50°C do create some difficulties for residents of the village. They leave their cars running all day in case they won't start again, and burying the dead can take up to three days as the earth needs to be thawed with hot coals prior to digging.
The summer months are considerably warmer, with temperatures often reaching above 20°C in July.