Topic: How is the cost of living in your country? (Read 2030 times)

The cost of everything has significantly increased throughout the world, and inflation is heating up everywhere. For example, in my own region, I can identify the factors that contribute to the rise in fuel and food prices. Often, bandits prevent farmers from going to their farms, which results in a low level of food production. While there are other factors at play, one of them is politics, and as a result, people are finding it extremely difficult to feed themselves. and I don't think things will get better anytime soon all we can do is hope for better days.

You are correct that the cost of living in South Asian countries is relatively lower when compared to the United States in terms of dollars. The cost of 1-liter of gasoline in my place of residence is at around 1 dollar and cost of meal from a fast food restaurant for 4 person is at around $16 which I consider to be reasonable despite the high rate of inflation that is currently a global issue.

In my country all of that can be obtained at a cheaper price.
In my country, a large piece of medium-quality bread costs $ 1 dollar, while 2 kilograms of chicken here is only $ 3.67 dollars, one liter of whole milk is $ 1.5 dollars, and if the price of fruit varies for each type, I will take an example. apples, grapes and oranges.
The price of oranges is now around $ 1.33 dollars per kilo, while the price of grapes is now around $ 4.00 per kilo, and for the price of apples, it is around $ 3.20 dollars per kilo. So if you bring $ 50 dollars, you can buy quite a lot of chicken, fruit, bread and milk.

So in the country where I live, inflation has existed and will always be, but the impact is not as bad as in other countries. This is what I am proud of from my country, even though basic needs have increased, but it is always accompanied by a salary increase, so everything remains safe and under control.

In my country Indonesia have several region and cost of living depend on which region we are staying, in my region seems still cheapest and not most expensive but have small with salary receiving from companies. Under $300 salary received every month for worker but we can spent under $2 for each time for break fast have completed with food and drink. I need side job as freelance because salary from working in my country still not enough under $300 for paying health insurance, education and many thing still expansive than with salary receiving.  But still have good side with food still in lower price.

Due to long time lockdown due to covid-19 all mill industries, companies are closed for long time and company owners face huge losses due to which they start laying off workers. And because of this, many people become unemployed.  And with each country's fiat currency depreciating by 10-40% against the dollar, living in the country has become very expensive. every country will have to struggle for a few years to overcome this pressure

In my country, the price of food ingredients is also increasing rapidly. but not because of inflation but today because it is approaching Eid Al-Fitr. I may be one of the lucky ones because in my country the price of fuel oil has not increased drastically. even though there is a gradual increase, we can still reach it with a minimum salary in every region of my country.

And I think if the price has increased drastically in my country. Then there will be large demonstrations that occur. but luckily the economy in my country is getting better now. although job opportunities are limited. but at this time there are also more independent entrepreneurs in my country. as a result of those who do not get the opportunity to work in a company.

I think that in almost every country, the cost of living depends on income because the greater the income, the higher the cost of living because the desires are higher, but for those with low incomes it will be in accordance with the cost of living.
for luxurious or simple living expenses it is our own choice or compulsion because of the income we have and if we want to get up and want more then looking for greater income is the only solution.

Apparently the cost of living in my country depends on your monthly income. The higher the salary you will not feel how expensive the goods that you need in your everyday life but if the salary is very low it could be a struggle to budget the monthly expenses for yourself and your family. Like me I am the breadwinner of the family if I will rely on my monthly wage it is not sufficient to sustain our monthly expenses, I will need to budget my salary wisely to sustain our needs. That is why I am eager to find other option to be able to sustain the daily needs of my family.

In the country where I live, the prices of things have gone up a lot due to inflation. Everything from the necessities of daily life has gone up in price. We have to spend 1.3$ to buy a liter of petrol here where our country is rich in natural gas, the price of gas in our country has doubled in a matter of days.  Electricity prices are being hiked almost every month. 

The prices of agricultural crops like cucumber, carrot, tomato etc. have increased almost several times. And the market only continues to grow. Once the price of a commodity goes up, it never goes back to where it was before. Even though the price of all the essential items is increasing, the salary of the people is not increasing. As a result, people are currently struggling to keep up with the market.

In the Indian subcontinent I think the cost is comparatively less. However, every where the cost has increased in the present time. In the area where I live, I have to spend the equivalent of 4 dollars for a meal especially for launch at a restaurant, which is a lot more than before. Moreover, I have to spend about 40 to 45 percent of my income for living. Foodstuffs and living costs in every sectors  cost has gone up a lot.

That is why it depends on the country, but it is still just enough for us in that salary range, and we are still struggling with it, and we can't even eat out if we want to because it is only enough for daily expenses like food, transportation, and other basic needs. Also, that earning is our minimum wage, and it is not the same in first-world countries, where you have huge salaries for us but again, the cost of living there is very expensive. The salary in a third world country doesn't apply to a first world country, but the first world country salary is already huge in a third world country.

I am from northeast India, cost of living depends upon the area where you got job here basic salary is 15,000 you get single room with attached bathroom in 3,000 to 4,000 which you can share  with your colleague. when i was working Gyalshing West Sikkim, things was cheap from groceries to other accessories but when i move to Gangtok things become expensive mostly green vegetables is too high since it being organic. Sikkim is the India's first organic state.

This fee is low for countries in Europe and the USA, this value is only enough for people living in Asia or maybe Africa. In my country, that amount of money is only enough to finance a simple life by also paying the rent for a relatively small house and in a fairly dense and slum area.
So I think $150-$250 in many countries is even difficult to cover basic living expenses because the costs are already higher than in other countries such as in developed countries where the price of gasoline is even several times higher than in developing countries, but for developing countries and poor money that big is enough to pay for a better life.

Inflation was present before pandemics and wars, but it was just too small, and we haven't felt it yet. Pandemics and wars have caused inflation to rise so sharply and quickly that governments have no time to react.
I agree that the wars in Ukraine and Russia have greatly destabilized the world economy, but we are slowly adapting and are not affected much anymore. I believe that as long as we can solve the current crisis, and even if the war continues, it will not affect us too much. But if you are from Europe, you will be affected until the war ends.

The situation in my country is very bad now since covid-19 people have lost their jobs and are not able to eat properly. I think there will be famine if it goes on like this for a few more days. The damage done during covid-19 may take a few more years to self-recover. Some things  I see people in the country who have no place to work, starting from jobs, are moving to many places for employment but are not getting jobs. Because of this, the number of unemployment is increasing in almost every country.

That's true and we have felt a lot of changes after the impact of Covid-19 ended, the condition of post-disaster economic recovery has become a fairly basic problem, so many unemployed have not found jobs to continue their lives with their families, I don't know how the crime rate is after Covid-19 passed due to the large number of unemployed who lost their jobs. Usually when people lose their jobs for family needs the crime is higher, but so far I don't know if this impact is real in various countries. While talking about the minimum wage, it remains at the same figure, goods and basic needs continue to increase, thus making it very difficult for people to get out of the economic crush, moving to another country also does not guarantee an appropriate solution and this effort should be of particular concern to the government.

In my country the problem of recession and inflation is a little safe after Covid-19, but it's still difficult for people to find economic stability and the government's presence has also been optimal in prevention, but that doesn't mean they can work fast to solve it. Basically all sectors must be addressed slowly and at this time it is starting to be seen that they are working hard to protect, but if the community does not try to move and find solutions then full hope from the government will hinder them from getting out of the economic crush.

Immediately after covid-19, many things changed in different countries. This starts from the way of living, the way doing business and the general way of life.
The inflation rate which started before the covid-19 was escalated by the covid-19. Now the price of living has tripled in most countries and there is not corresponding increase in salary and interest rate.
The cost of living would only be accurately determined by the minimum wage. A country whose monthly minimum wage is below $50 must surely suffer the adverse effect of inflation.
It's time people will begun to relocate to places where the cost of living is not high.

The biggest problem is inflation. almost all countries' currencies have depreciated against the US dollar. and is the USDT also overvalued by about 45% compared to my country's fiat. I get about 45% more than what I used to sell USDT through p2p. People who depend only on the country's fiat money and have nothing to do with the dollar have a harder time to living. they live the most difficult life in the country

People all over the world are in a lot of trouble since Ukraine, Russia, war and covid-19 pandemic. I think Ukraine and Russia, if the war continues like this, all the countries of the world will suffer huge losses. Ukraine, Russia, war  Since then the prices of all things have increased a lot, their prices may never be possible again. There are many countries in the world whose bank reserves are almost at the end.

Since the war in Russia, Ukraine and the global pandemic of Covid-19, almost all countries in the world have experienced inflation. Due to which the cost of living has increased in most countries of the world.  And even though the prices of goods have increased at a massive rate, neither the employment nor the income of the people has increased much.  Due to which it has become very difficult for everyone to live a good life. and now in every country an individual needs at least $150-$250 monthly to live