The Ipatiev Monastery, sometimes translated into English as Hypatian Monastery, is a male monastery situated on the bank of the Kostroma River just opposite the city of Kostroma. It was founded around 1330 by a Tatar convert, Prince Chet, whose male-line descendants include Solomonia Saburova and Tsar Boris Godunov, and is dedicated to St. Hypatios of Gangra.

Kostroma is a historic city and the administrative center of Kostroma Oblast, Russia. A part of the Golden Ring of Russian cities, it is located at the confluence of the rivers Volga and Kostroma. In the 2021 census, the population is 267,481.