How is the cost of living in your country? - page 10.

LoyceMobile

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Quote from: Hispo on January 23, 2023, 09:07:52 PM

Quote from: LoyceMobile on January 19, 2023, 03:40:34 PM

Quote from: MiliMil on January 19, 2023, 11:28:14 AM

Petrol is over $2.10 a litre and my water and electricity bills have also increased by about 15%.

You have no idea how lucky you are Wink

Here electricity prices went up about 2000%, although it dropped like three quarters again. It's still very high.

Here in Venezuela gasoline is about 0,5$/liter and the electricity bill is less than 10$ a month, it just reached 10$ because the government started to charge other services together in that bill.
That is one of the reasons people used to mine Bitcoin here, before the government got aggressive against the miners.

One can buy a house here for 20k-30k$, one time payment, no mortgage, no credit, no question asked. Solid concrete, no drywall.

This a country that runs on debit. We don't have credit anymore, because the banks lost money by providing credit.

I've been wondering for a while how it would be to have an economy without debt. Here, everyone including governments has debts. Without debt, I can imagine many prices would be less inflated, simply because people can pay less.
Of course, Venezuela has its own problems and isn't the best example to compare to, but still, I wonder how value would be without debt. Not owing anyone anything sounds like a dream.

Dickiy

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What I feel today may feel normal even though there are a number of goods that have increased in price but it is still fairly reasonable, because the increase that feels is in the middle of 2022 where all basic needs have increased, especially cooking oil and fossil fuels, which triggers an increase in basic prices accompanied by with extreme weather so that the farmers failed to harvest and the stock distribution of goods provided by the government was very thin so that basic needs became scarce.
But for 2023 this is still relatively stable and seen from an economic point of view my country is still experiencing growth even though there are several commodities that have not yet reached their initial prices but they are not basic needs.

kapalmabur

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Quote from: Jody.Drummer on January 24, 2023, 03:00:42 AM

Quote from: dunfida on January 23, 2023, 06:44:54 PM

Quote from: Jody.Drummer on January 23, 2023, 06:07:21 PM

Because many of us prioritize prestige over function.
Actually, in this case, it's not really wrong to make ourselves satisfied by buying some quite expensive products as a form of reward for what we get, but not everything has to be like that. because sometimes we also have to think about something else like saving or investing. Even though we really have to enjoy life, when we spend too much, this actually makes us torture ourselves regardless of anything.

Im not really that love to tolerate that kind of mindset which you would really be that saying that we do only live once or live your life to the fullest on which you do really be ending up on spending like there's no tomorrow or something that pertains about spending on things which are not really that necessary.Well, its your money but you should really be mindful on what are the priorities so that when the time comes on which
you would'nt really be having a hard time on dealing up with thing specially if it do talks about finances.If you do make out some good plans and proper budgeting then you wont
really be making yourself put up on a difficult situation.

hey you forgot the initial point of what I wrote.
As I mentioned, enjoying life is important, at least giving self-reward, of course, for some of the things we have achieved. At least once in a few months self-indulgence is enough to indulge ourselves by buying the things we want for ourselves.
We do all forms of business to make more money and the investment we put there for what? At least even though we always think about a bright future and always invest or save today, we also shouldn't torture ourselves by holding back our desire to have what we want.

It's true that sometimes people forget to be happy and they only care about the future until they forget about themselves,
giving awards I think is important and everyone has their own way,
at least that way it can eliminate boredom and stress.

Fivestar4everMVP

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The cost of living over here in my country is just off the roof, everything, from food stuffs to provisions, groceries, cost of basic amenities have all increase more than 200 percent, some even more, and the sad thing is that, they seem to keep rising as the day breaks..
Transportation fee, price of petrol, cooking gas, rent, school fees for private schools have more than doubled when compared to what they used to be some two years ago or even earlier.
Our local currency have inflated and it has lost a lot of value against the dollar, buying stuffs outside the country and having it imported is no longer that feasible due to the high cost plus tax..
Indeed, I do nit know where the country is heading to, poor people are suffering even the more, i want to believe that this high cost of living is not something that is peculiar to country alone , it seems the same in the major cities of the world.

Obari

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The cost of living is high generally (globally) and I'm my country, everyone is complaining and bitterly angered as a result of the high inflation rate which is telling both on the old and the young, the working class and the retirees.
I have a friend from the united state who is a retired fellow and just two days ago, I sent her about $60 to help support her bills and I did that because it also seems that despite the high inflation and hike in price of goods and services, it seems th government doesn't even put this old retired citizens of its country into consideration and that's very bad because it seems they are really the ones suffering the most in the united state( not verified but just some information gotten from an old from in Baytown Texas.)
In my country, the cost of living from housing to electricity to cost of fuel to cost of transportation and cost of feeding are greatly very high and without any job to help or government intervention.

Jody.Drummer

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Quote from: dunfida on January 23, 2023, 06:44:54 PM

Quote from: Jody.Drummer on January 23, 2023, 06:07:21 PM

Because many of us prioritize prestige over function.
Actually, in this case, it's not really wrong to make ourselves satisfied by buying some quite expensive products as a form of reward for what we get, but not everything has to be like that. because sometimes we also have to think about something else like saving or investing. Even though we really have to enjoy life, when we spend too much, this actually makes us torture ourselves regardless of anything.

Im not really that love to tolerate that kind of mindset which you would really be that saying that we do only live once or live your life to the fullest on which you do really be ending up on spending like there's no tomorrow or something that pertains about spending on things which are not really that necessary.Well, its your money but you should really be mindful on what are the priorities so that when the time comes on which
you would'nt really be having a hard time on dealing up with thing specially if it do talks about finances.If you do make out some good plans and proper budgeting then you wont
really be making yourself put up on a difficult situation.

hey you forgot the initial point of what I wrote.
As I mentioned, enjoying life is important, at least giving self-reward, of course, for some of the things we have achieved. At least once in a few months self-indulgence is enough to indulge ourselves by buying the things we want for ourselves.
We do all forms of business to make more money and the investment we put there for what? At least even though we always think about a bright future and always invest or save today, we also shouldn't torture ourselves by holding back our desire to have what we want.

Hispo

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Quote from: LoyceMobile on January 19, 2023, 03:40:34 PM

Quote from: MiliMil on January 19, 2023, 11:28:14 AM

Petrol is over $2.10 a litre and my water and electricity bills have also increased by about 15%.

You have no idea how lucky you are Wink

Here electricity prices went up about 2000%, although it dropped like three quarters again. It's still very high.

Here in Venezuela gasoline is about 0,5$/liter and the electricity bill is less than 10$ a month, it just reached 10$ because the government started to charge other services together in that bill.
That is one of the reasons people used to mine Bitcoin here, before the government got aggressive against the miners.

One can buy a house here for 20k-30k$, one time payment, no mortgage, no credit, no question asked. Solid concrete, no drywall.

This a country that runs on debit. We don't have credit anymore, because the banks lost money by providing credit.
Their interest rates where like 1-8% or something, while weekly the inflation went up 100%, people used to max up their cards and slowly pay their debt with useless money by the end of the month. Cash and stable coins are king here.

Vaskiy

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Life in my country hasn't changed much, as the spending is always limited and there is nothing spend on luxury and other things to show your status. Most of the time people suffer financially when there is much of unwanted expenses. Being in a third world country the cost of living isn't big. In the big cities the living cost have increased whereas the income remains the same. In rural part of the country the living is much on self reliant that makes the people lead life in any situation.

dunfida

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Quote from: Jody.Drummer on January 23, 2023, 06:07:21 PM

Quote from: Fesatmas on January 22, 2023, 05:52:23 AM

Quote from: TribalBob on January 21, 2023, 06:14:36 PM

not much different from your country, maybe my country is more expensive, what else are staples, you need to rack your brains to make ends meet, but what you need to know right now is that everything is experiencing price spikes not only in our country, so we use our finances to live, not for lifestyle

I totally agree with your point, "fulfilling the needs of life, not a lifestyle". Because from what I experienced before, it is precisely the lifestyle that makes our monthly expenses continue to increase. I started to leave the habit of living like that, and I feel it is useful for the future. We can save the money that was previously used for lifestyle, and it feels very useful for my life. We can't do that continuously, because we have to think about tomorrow and the future.

Because many of us prioritize prestige over function.
Actually, in this case, it's not really wrong to make ourselves satisfied by buying some quite expensive products as a form of reward for what we get, but not everything has to be like that. because sometimes we also have to think about something else like saving or investing. Even though we really have to enjoy life, when we spend too much, this actually makes us torture ourselves regardless of anything.

Im not really that love to tolerate that kind of mindset which you would really be that saying that we do only live once or live your life to the fullest on which you do really be ending up on spending like there's no tomorrow or something that pertains about spending on things which are not really that necessary.Well, its your money but you should really be mindful on what are the priorities so that when the time comes on which
you would'nt really be having a hard time on dealing up with thing specially if it do talks about finances.If you do make out some good plans and proper budgeting then you wont
really be making yourself put up on a difficult situation.

EdenHazard

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Activity: 2674

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Well let's do it

Loaf of Fresh White Bread 1kg $6
Tomato $4
Potato $3.5
Onion $3.3
Lettuce $2.8
Regular Milk 1 liter $4
Regular Eggs 12 $4.5
Cheese 1kg $26
Water 1.5 liter bottle $3
Beer $7

The cost close to $50 as well as yours op. And the Shell FuelSave 95 petrol around $2.75 also the bills increased pretty high here up to 30% crazy.

Hope this help to compare to everyone .

Jody.Drummer

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Quote from: Fesatmas on January 22, 2023, 05:52:23 AM

Quote from: TribalBob on January 21, 2023, 06:14:36 PM

not much different from your country, maybe my country is more expensive, what else are staples, you need to rack your brains to make ends meet, but what you need to know right now is that everything is experiencing price spikes not only in our country, so we use our finances to live, not for lifestyle

I totally agree with your point, "fulfilling the needs of life, not a lifestyle". Because from what I experienced before, it is precisely the lifestyle that makes our monthly expenses continue to increase. I started to leave the habit of living like that, and I feel it is useful for the future. We can save the money that was previously used for lifestyle, and it feels very useful for my life. We can't do that continuously, because we have to think about tomorrow and the future.

Because many of us prioritize prestige over function.
Actually, in this case, it's not really wrong to make ourselves satisfied by buying some quite expensive products as a form of reward for what we get, but not everything has to be like that. because sometimes we also have to think about something else like saving or investing. Even though we really have to enjoy life, when we spend too much, this actually makes us torture ourselves regardless of anything.

Desmong

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Quote from: Fesatmas on January 22, 2023, 05:52:23 AM

Quote from: TribalBob on January 21, 2023, 06:14:36 PM

not much different from your country, maybe my country is more expensive, what else are staples, you need to rack your brains to make ends meet, but what you need to know right now is that everything is experiencing price spikes not only in our country, so we use our finances to live, not for lifestyle

I totally agree with your point, "fulfilling the needs of life, not a lifestyle". Because from what I experienced before, it is precisely the lifestyle that makes our monthly expenses continue to increase. I started to leave the habit of living like that, and I feel it is useful for the future. We can save the money that was previously used for lifestyle, and it feels very useful for my life. We can't do that continuously, because we have to think about tomorrow and the future.

The cost of living in my country is very high and those who depend on salaries are yet to recover from the high cost of living. Buying for and paying for bills is not easy at all that is why many persons had been doing petty jobs to make sure that they never depend on salary to feed themselves. People now have there own business which they do to make sure that they keep surviving.

KennyR

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Quote from: uneng on January 23, 2023, 04:31:17 PM

Quote from: Smartprofit on January 23, 2023, 03:26:40 PM

Quote from: Cookdata on January 20, 2023, 11:21:17 AM

Quote from: MiliMil on January 19, 2023, 11:28:14 AM

I am a 32 year old male living in Australia.

Today I purchased some fresh fruit, a loaf of good bread, good quality milk and 2kg of chicken drumsticks for my German Shepherd (he eats human food only) and the cost was close to $50.

I feel this is the first time in my adult life I have genuinely noticed the rising cost of goods and services especially groceries.

Petrol is over $2.10 a litre and my water and electricity bills have also increased by about 15%.

I really feel bad for the elderly pensioners in this country. They are definitely struggling.

I would be curious to read of the experiences others around the world are having in regards to their cost of living.

If only there was a way for me to go back in time to when I could buy a crate of eggs (usually 30 pieces) for less than a dollar, now it has 5x in my country, you need nothing less than $5 to buy a crate of eggs, things are so expensive in the sense that the money we earn these days is below minimum wage, you can't do anything tangible the very moment you receive your paycheck, and it is killing the citizens, this recession is not limited to some countries, it is worldwide.

Inflation began when we went under absolute lockdown, and it is still going on right now even after everywhere is opened. The stock market is a testimony that we are all screwed from that time, but it appears that we were all misled by the 2021 market pump, or should I say recovery, that everyone hyped so hard.

In my country, 10 chicken eggs cost about 1-1.5 US dollars. Rent an apartment - studio in the city center - 720 US dollars per month.

People buy products at a discount or switch to lower quality products. Sometimes manufacturers mask the rise in price of their products. For this, products are packaged in bottles and cans of smaller volume....

For example, the price of sour cream does not change over time. However, earlier, 1 dollar could buy 500 grams of sour cream, then 400 grams, and now only 330 grams.

One thing businessmen do in my country to raise their profits and keep the prices stable for customers is to change the ingredients of the products a little bit. Let's pick milk cream. It has been always made of milk, but now you hardly find pure milk cream on the supermarket for sale, because they created a new category of milk cream made of the serum of the milk. It's basically using the milk for something else, and what remains and should be discarded, they use to create another product, but with very inferior quality, flavour and nutrients.

This is happening all around. In particular third world countries face more such scams in the grocery market. More mixups were done with the food to increase the quantity. The quality control just works as a unit, but never identifies these kind of mixups. Better the standard maintained by the quality control team, will reflect in the value of the product.

uneng

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Quote from: Smartprofit on January 23, 2023, 03:26:40 PM

Quote from: Cookdata on January 20, 2023, 11:21:17 AM

Quote from: MiliMil on January 19, 2023, 11:28:14 AM

I am a 32 year old male living in Australia.

Today I purchased some fresh fruit, a loaf of good bread, good quality milk and 2kg of chicken drumsticks for my German Shepherd (he eats human food only) and the cost was close to $50.

I feel this is the first time in my adult life I have genuinely noticed the rising cost of goods and services especially groceries.

Petrol is over $2.10 a litre and my water and electricity bills have also increased by about 15%.

I really feel bad for the elderly pensioners in this country. They are definitely struggling.

I would be curious to read of the experiences others around the world are having in regards to their cost of living.

If only there was a way for me to go back in time to when I could buy a crate of eggs (usually 30 pieces) for less than a dollar, now it has 5x in my country, you need nothing less than $5 to buy a crate of eggs, things are so expensive in the sense that the money we earn these days is below minimum wage, you can't do anything tangible the very moment you receive your paycheck, and it is killing the citizens, this recession is not limited to some countries, it is worldwide.

Inflation began when we went under absolute lockdown, and it is still going on right now even after everywhere is opened. The stock market is a testimony that we are all screwed from that time, but it appears that we were all misled by the 2021 market pump, or should I say recovery, that everyone hyped so hard.

In my country, 10 chicken eggs cost about 1-1.5 US dollars. Rent an apartment - studio in the city center - 720 US dollars per month.

People buy products at a discount or switch to lower quality products. Sometimes manufacturers mask the rise in price of their products. For this, products are packaged in bottles and cans of smaller volume....

For example, the price of sour cream does not change over time. However, earlier, 1 dollar could buy 500 grams of sour cream, then 400 grams, and now only 330 grams.

One thing businessmen do in my country to raise their profits and keep the prices stable for customers is to change the ingredients of the products a little bit. Let's pick milk cream. It has been always made of milk, but now you hardly find pure milk cream on the supermarket for sale, because they created a new category of milk cream made of the serum of the milk. It's basically using the milk for something else, and what remains and should be discarded, they use to create another product, but with very inferior quality, flavour and nutrients.

Fortify

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Quote from: MiliMil on January 19, 2023, 11:28:14 AM

I am a 32 year old male living in Australia.

Today I purchased some fresh fruit, a loaf of good bread, good quality milk and 2kg of chicken drumsticks for my German Shepherd (he eats human food only) and the cost was close to $50.

I feel this is the first time in my adult life I have genuinely noticed the rising cost of goods and services especially groceries.

Petrol is over $2.10 a litre and my water and electricity bills have also increased by about 15%.

I really feel bad for the elderly pensioners in this country. They are definitely struggling.

I would be curious to read of the experiences others around the world are having in regards to their cost of living.

Inflation certainly has taken off in the last year in my country too, you can see lots of food has risen 30-100% in the supermarkets. Those with a higher than average income are the lucky ones most easily able to weather the current storm, but it would be really tough for the lowest earners to try to keep up with these rises. It definitely is not reflected correctly in the official figures though, as many of the core items are rising the most. There are also far less decent offers around and even the most basic staples like fruit/veg/milk has been affected. I guess it just shows how the global supply chain works when times are peaceful, energy prices stay down and food production is steady.

Smartprofit

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Quote from: Cookdata on January 20, 2023, 11:21:17 AM

Quote from: MiliMil on January 19, 2023, 11:28:14 AM

I am a 32 year old male living in Australia.

Today I purchased some fresh fruit, a loaf of good bread, good quality milk and 2kg of chicken drumsticks for my German Shepherd (he eats human food only) and the cost was close to $50.

I feel this is the first time in my adult life I have genuinely noticed the rising cost of goods and services especially groceries.

Petrol is over $2.10 a litre and my water and electricity bills have also increased by about 15%.

I really feel bad for the elderly pensioners in this country. They are definitely struggling.

I would be curious to read of the experiences others around the world are having in regards to their cost of living.

If only there was a way for me to go back in time to when I could buy a crate of eggs (usually 30 pieces) for less than a dollar, now it has 5x in my country, you need nothing less than $5 to buy a crate of eggs, things are so expensive in the sense that the money we earn these days is below minimum wage, you can't do anything tangible the very moment you receive your paycheck, and it is killing the citizens, this recession is not limited to some countries, it is worldwide.

Inflation began when we went under absolute lockdown, and it is still going on right now even after everywhere is opened. The stock market is a testimony that we are all screwed from that time, but it appears that we were all misled by the 2021 market pump, or should I say recovery, that everyone hyped so hard.

In my country, 10 chicken eggs cost about 1-1.5 US dollars. Rent an apartment - studio in the city center - 720 US dollars per month.

People buy products at a discount or switch to lower quality products. Sometimes manufacturers mask the rise in price of their products. For this, products are packaged in bottles and cans of smaller volume....

For example, the price of sour cream does not change over time. However, earlier, 1 dollar could buy 500 grams of sour cream, then 400 grams, and now only 330 grams.

darewaller

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Quote from: alastantiger on January 22, 2023, 11:54:02 AM

The cost of living is very high. There is no price control or price ceiling for everyday commodities and as such the prices are 2X almost every week while everyone watch helpless.The cost of living in relation to the growth of the economy is rising in geometric progression.I can't stress how tough it is here. You need to work twice as hard to make at least $10. This wasn't the case 2 years ago. Most of my friends are starting to relocate with their families to the suburbs where things still make sense and is affordable.

It seems that your government is not doing anything to help combat those issues eh? Price rises for 2x every week, seriously? I think this is too much than compare to the rise of the inflation that is seen globally. Your country has set your own rates in terms of inflation. It's crazy that the cost of living there is high but the salary that you are getting is also low.

I think that wasn't normal anymore but to other countries which living cost is also high, their salary is also high so it doesn't really feel bad especially if one knows how to budget his salary properly. If the situation doesn't change too soon then you better follow the path your friends did.

awik p

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Quote from: MiliMil on January 19, 2023, 11:28:14 AM

I am a 32 year old male living in Australia.

Today I purchased some fresh fruit, a loaf of good bread, good quality milk and 2kg of chicken drumsticks for my German Shepherd (he eats human food only) and the cost was close to $50.

I feel this is the first time in my adult life I have genuinely noticed the rising cost of goods and services especially groceries.

Petrol is over $2.10 a litre and my water and electricity bills have also increased by about 15%.

I really feel bad for the elderly pensioners in this country. They are definitely struggling.

I would be curious to read of the experiences others around the world are having in regards to their cost of living.

basically the increase in oil prices affects price increases for all sectors, as is the case in my country, even though the increase in oil prices is around 30%, inflation is very pronounced, moreover the wages earned have not increased. from bank indonesia data that i read starting in 2022 is the highest increase in inflation, at the end of 2022 it has reached 5.51%. especially in 2023 it looks like it will be more difficult. I am married and have one child and the salary is not far from the "work minimum wage" in my country, so I have to regulate it very strictly. on the other hand I have to find additional income to find a fortune outside the salary. lucky to know cryptocurrencies, at least it can provide hope for investing and trading. because I have to pay attention to my child's future about the cost of their education in the future, namely by investing. while trading up to now can at least cover the needs of my daily life

Crypto_I.N

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Quote from: MiliMil on January 19, 2023, 11:28:14 AM

I am a 32 year old male living in Australia.

Today I purchased some fresh fruit, a loaf of good bread, good quality milk and 2kg of chicken drumsticks for my German Shepherd (he eats human food only) and the cost was close to $50.

I feel this is the first time in my adult life I have genuinely noticed the rising cost of goods and services especially groceries.

Petrol is over $2.10 a litre and my water and electricity bills have also increased by about 15%.

I really feel bad for the elderly pensioners in this country. They are definitely struggling.

I would be curious to read of the experiences others around the world are having in regards to their cost of living.

Meanwhile, in my country, with a population of around 27 million people as of June 2022, you could say it's enough with an average salary of US$300. With the price of staple goods that are not too expensive, for example, the price of eggs is US$ 0.78, chicken is US$ 2.27 and beef is around US$ 7.33. So I can conclude with the income that I mentioned above, there is still some left over for saving and can be used for an emergency fund.

molsewid

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Quote from: MiliMil on January 19, 2023, 11:28:14 AM

I am a 32 year old male living in Australia.

Today I purchased some fresh fruit, a loaf of good bread, good quality milk and 2kg of chicken drumsticks for my German Shepherd (he eats human food only) and the cost was close to $50.

I feel this is the first time in my adult life I have genuinely noticed the rising cost of goods and services especially groceries.

Petrol is over $2.10 a litre and my water and electricity bills have also increased by about 15%.

I really feel bad for the elderly pensioners in this country. They are definitely struggling.

I would be curious to read of the experiences others around the world are having in regards to their cost of living.

We're in PH, all goods in here are now expensive, sometimes I don't know how to much salary do I need in order for me to get a good budget for the rest of the week. It is very hard to live in this inflation with only one job, that it is not paying you well, but I'm still thankful for the work of course but it is not sustainable, oil in here rise up into 2x and many businesses are started to fall again

Topic: How is the cost of living in your country? - page 10. (Read 2020 times)