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Topic: How is the cost of living in your country? - page 12. (Read 2020 times)

hero member
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January 20, 2023, 05:31:09 PM
#49
The cost of living in my country is somehow manageable but the wage is brutal.

In the Philippines, the typical wage for a standard blue-collared job is around $10-$13 per day. With the war ongoing which increased the general prices of goods, our wage is definitely insufficient to meet the daily needs of these people. Not to mention, with our lack of access for efficient transportation, people are suffering since they are waiting around 3-4 hours in line just to get home.

Unfortunately, majority of the people in my country have started migrating to the US or other first-world countries in hopes of alleviating their financial position.
sr. member
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January 20, 2023, 05:25:12 PM
#48
Seriously I was thinking prices of things are increasing only in my country, but from people's response to the thread, I think it's a general problem. whenever you visit a store today in my country, let's assume what you will purchase at the rate of $2, if you visit the same store the following day and you want to purchase the same thing, you might get it at $2.2. Prices of things are increasing on a daily basis and I don't know if their is anyway that can stop or reduce that. If you are having money and you want to purchase anything, just buy it immediately, the more you keep on procrastinating, the more the price keeps on increasing.
All goods in my country are also increasing and the relative price increase is happening every week, if we have money then it is better to buy equipment or necessities for the next 2 months, very ironic all the prices of goods have increased but the economy is still difficult and the average salary still below the minimum and we have to work side by side to meet monthly needs.
legendary
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January 20, 2023, 03:54:30 PM
#47
Cheap if it would be compared with expenses in ither countries but expensive because of the minimum wage salary.
This simply implies my country as well. Of course it's cheaper to buy things like rice or chicken or whatever, because it's a 3rd world nation so the guy who farms rice or raises chickens do not need as much as an American would need. However, you calculate how rich your nation is based on how many hours would you need to work in order to buy something that is globally same price. Like for example a macbook, or a playstation 5, or some known TV with huge screen etc etc. These are global prices, car would work in this as well but it's harder because it's more expensive.

In my nation it's near impossible to get playstation 5 for example because it's 2.5 months worth of minimum wage, it's like 5 days for Americans, that's the difference.
sr. member
Activity: 2226
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January 20, 2023, 03:51:15 PM
#46
Seriously I was thinking prices of things are increasing only in my country, but from people's response to the thread, I think it's a general problem. whenever you visit a store today in my country, let's assume what you will purchase at the rate of $2, if you visit the same store the following day and you want to purchase the same thing, you might get it at $2.2. Prices of things are increasing on a daily basis and I don't know if their is anyway that can stop or reduce that. If you are having money and you want to purchase anything, just buy it immediately, the more you keep on procrastinating, the more the price keeps on increasing.
Even with our local store here in our place does have that kind of behavior where goods and other things that you do buy inside a store does really have that price that do keeps on changing on which it do really have that increase in cents in price but it is really something that would really make yourself say "nah" if ever it would increase out.You would really tell into yourself that living is getting more expensive as years or days passing by and this is why you would really be thinking up that you should have other sources of income so that you would be able to cope up yourself in todays situations where every goods and necessities are becoming
that expensive.
hero member
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January 20, 2023, 03:42:20 PM
#45
Seriously I was thinking prices of things are increasing only in my country, but from people's response to the thread, I think it's a general problem. whenever you visit a store today in my country, let's assume what you will purchase at the rate of $2, if you visit the same store the following day and you want to purchase the same thing, you might get it at $2.2. Prices of things are increasing on a daily basis and I don't know if their is anyway that can stop or reduce that. If you are having money and you want to purchase anything, just buy it immediately, the more you keep on procrastinating, the more the price keeps on increasing.
hero member
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Merit: 644
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January 20, 2023, 03:24:10 PM
#44
Well, in this case when we are in different countries, the level of needs and economic conditions will also be different. but there is one thing in common for countries these days that is rising prices.
Regardless of anything, it seems that almost everyone in every country has experienced an increase, which is indeed a little difficult to readjust because there are several factors that also make prices soar now.
hero member
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January 20, 2023, 03:12:17 PM
#43
The cost of living in my country is so high that we no longer complain about it anymore. We try to just survive. To keep our heads above water for the next 36days when we will take to the polls to vote out the bad leaders that have brought untold and unbearable hardship to the common man and woman while they take the wealth of the nation to abroad and stash it foreign bank accounts.
You have really spoke my mind because even if we complain about this high cost of things, we still see things get worse, worse and more worse so the best thing to do is to just do what humans are best known for,  which is the ability to adapt to all changes. The price of things in my country are gotten so worst that the average man now needs to tripple his hustle in other for one to survive. Well the opportunity to vote out this bad leaders in the country is the only hope we have for things to  go a positive way as the major problem in the country is seemingly due to the leaders and the heavy toll of corruption they have inplaced in the country.

Same here in my country and I think we all are in the same situation except those who are really rich.  Prices of everything are affected by inflation, Sometimes, I'm just buying mini burgers for my meal and although it helps me back in shape, it feels very unsatisfactory. 

A country with hungry people will really be unstable when they all decide to burn the government down. It rarely happens where there is no political party behind it but our hunger and if this happens it's really chaotic. I've seen looting every where.
hero member
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January 20, 2023, 02:37:17 PM
#42
The cost of living in my country is so high that we no longer complain about it anymore. We try to just survive. To keep our heads above water for the next 36days when we will take to the polls to vote out the bad leaders that have brought untold and unbearable hardship to the common man and woman while they take the wealth of the nation to abroad and stash it foreign bank accounts.
You have really spoke my mind because even if we complain about this high cost of things, we still see things get worse, worse and more worse so the best thing to do is to just do what humans are best known for,  which is the ability to adapt to all changes. The price of things in my country are gotten so worst that the average man now needs to tripple his hustle in other for one to survive. Well the opportunity to vote out this bad leaders in the country is the only hope we have for things to  go a positive way as the major problem in the country is seemingly due to the leaders and the heavy toll of corruption they have inplaced in the country.
sr. member
Activity: 1008
Merit: 366
January 20, 2023, 02:27:48 PM
#41
I would be curious to read of the experiences others around the world are having in regards to their cost of living.
I am 23, and I live in somewhere in Asia. It's a Third World country. I live alone on my own. So the cost on daily usage is low compared to living with someone. But the recent inflation has made it very difficult. I used to easily cover my monthly spent, around $200. But now it's a lot different story. Takes almost $350 a month now. Maybe how I spent my money now, but the price of goods have increased too here. And we see news now and then that my country may get bankrupted soon. Don't know what the future holds for us. Let's see what happens.
hero member
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January 20, 2023, 02:15:28 PM
#40
Cost of leaving in my country depends on location and lifestyle. Food items are relatively cheap in rural areas because most farms are located there. Also the cost of housing and other basic needs are relatively cheap in rural areas. The urban area of my country is very expensive due to overpopulation and inadequate basic amenities. But the rural area lacks employment opportunities that might be available in urban areas.

Currently our currency have lost so much value and there is a massive rise in the price of goods. Now people have to seek for alternative source of income because a single job might not be able to pay ones bills. The price of fuel have skyrocketed which has led to an increase in the price of other commodities. Mot businesses have closed down leading to high rate of unemployment which has also increased crime. Most families now eat twice or once a day just because our currency have lost so much purchasing power thereby making salaries and wages worthless. But I think with $700 per month, a family of 5 can be able to survive.

There is the same situation for every country because the cost of living in any country depends on the lifestyle and the location of the living, for example in my country you can just eat food from home and try to use the cheap stuff and don't buy the unnecessary things also if you live on a cheap area where you won't pay lots of money for rent and you can also find cheaper products in the location the cost of living will be lower than 15 dollars but if you try to have a luxury life the living cost will raise high unlimitedly.
hero member
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January 20, 2023, 01:02:53 PM
#39
Menhh talking of cost of living I can attest to you over here that is very expensive, most at times we find it difficult to cope with which I believe this is not only in my country but as a general issues all over the globe.
To feed my family and my entire household this including ( I, my wife and baby, my mother, and 6 siblings) cost me about $250 per month while before it was around $90 to $100 but currently the price surges to what I can't explain.

1. A bag of rice 50kg is around $60 to $70 or more this was a result unstable in price.
2. 4 litrs of cooking old (Groundnuts old) around $8
3. A bag of Beans 25kg around $40 or more
4. A basket of irish pepper is $10
5. Tomatoes paste a carton is $7
6. A 12kg of cooking gas $15
7. Palm oil (Red oil) 4 litres $7.5
8. Spices around $2 to $6.
9. Petrol (Fuel or gas) a litre $0.7
10. 1kg of Frozen chicken $3.5
11. 1kg of fresh fish is $2

Although all this I do buy them in bulk to limit random expenses., Most of this could serve for about a month plus or so. I make sure I don't spend above $180 to $250 maximum.
legendary
Activity: 3248
Merit: 1179
January 20, 2023, 12:30:44 PM
#38
Globally, the cost of living is ever increasing...

Exactly... and I don't think it will stop increasing in the near future.

I already have a plan to reduce my cost of living in the next 5 years. I will build a house and move from a rented apartment to my own home.
I will also install solar panel to provide me electricity I plan on having a large garden too to grow some vegetables. In doing so, I believe my monthly costs of living will have reduced.

As a house owner, with a large garden and chickens (my daughter insisted to buy chickens, and some other animals as well, but that is postponed) I can only say "good luck in trying to reduce the cost of living"! Smiley

House and a big yard mean a lot of work and a lot of investments. My house is finished, but the yard is not... so much more needs to be done and for sure some things I will do by myself (in which case I need tools (I bought many, but still far from what I really need) or I will higher workers (for some works definitely, along with some heavy machinery), in either way I need materials that costs more than double compared with the prices from 5-6 years ago when I moved in this house and started investing in it.

And growing/keeping animals costs as well, and you just and one more thing on your "to-do" list! But at least you know what you are eating, unlike what we buy today in all those markets, who knows what they are mixing!
hero member
Activity: 1778
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January 20, 2023, 12:24:39 PM
#37
$5 per today's rate for the medium lifestyle.
I live in an agrarian environment with a higher number of casual daily laborers than farmers. They have an average income of only $3 or less and they can make ends meet in several alternative ways by living in crowds. Giving each other several portions of lunch between neighbors is a common thing in my environment.
sr. member
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January 20, 2023, 11:30:20 AM
#36
Globally, the cost of living is ever increasing. I already have a plan to reduce my cost of living in the next 5 years. I will build a house and move from a rented apartment to my own home.
I will also install solar panel to provide me electricity I plan on having a large garden too to grow some vegetables. In doing so, I believe my monthly costs of living will have reduced.
hero member
Activity: 1106
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January 20, 2023, 11:21:17 AM
#35
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.
hero member
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January 20, 2023, 11:18:02 AM
#34
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.
I am really surprised to see people not experiencing inflation since so many years. It's a concept taught in almost all the schools it's not just in theory and in countries like Australia it has always been there. I understand that this time it was slightly more vigorous and steep. But still why are people waking up for the first time to see inflation we saw the same during 2008 crash as well so it's not new definitely and smart people always plan for it that's why they say to invest in asset giving returns more than inflation.
sr. member
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January 20, 2023, 11:17:27 AM
#33
Have advantage and disadvantage when comparison about cost of living, I don't think about your country has highest cost of living because seems there have highest cost for working and difference with my country. I know my country have cheapest about our daily day needed and spent under $2 have enough for break fast, launch and dinner.

You will surprise when I talk you about how much salary received by my country worker each mount still under $300, there are not any add on bonuses receive and high cost about transportation. For petrol price still under $1 but another thing with taxes have to pay more than 11% and each time eating on MCD we have to pay fees above 11%.

I also come from a poor country and what you are saying is also what is happening in my country, it only cost me 1 dollar for breakfast and 1 cup of coffee. While the income of workers in our country has not exceeded 250$/person, compared to OP's expenditure, the difference is clear. But we are not affected too much by inflation because we live in a remote rural area, we can raise our own livestock and grow crops.
sr. member
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January 20, 2023, 11:16:18 AM
#32
...

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 have never and don't really know the economic conditions in Australia but reading from your complaint, it seems the cost of living there is quite high, I also feel sorry for retirees if they have to spend that much to live in their old age, does the Australian government there is no special program for retirees?

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

I live in Indonesia and the cost of living here is quite affordable in my opinion, a few hours ago I shopped at the supermarket for my weekly needs and I only spent a total of $30 for it (rice - milk - eggs - cooking oil - sugar - coffee). btw, my parents are retired teachers (they earn around $120 a month) and they live quite well because the monthly they get is enough to cover both of their living expenses.
sr. member
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January 20, 2023, 11:01:18 AM
#31
Have advantage and disadvantage when comparison about cost of living, I don't think about your country has highest cost of living because seems there have highest cost for working and difference with my country. I know my country have cheapest about our daily day needed and spent under $2 have enough for break fast, launch and dinner.

You will surprise when I talk you about how much salary received by my country worker each mount still under $300, there are not any add on bonuses receive and high cost about transportation. For petrol price still under $1 but another thing with taxes have to pay more than 11% and each time eating on MCD we have to pay fees above 11%.
legendary
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January 20, 2023, 08:39:39 AM
#30
Cheap if it would be compared with expenses in ither countries but expensive because of the minimum wage salary. Most of the people in my country are minimum wage earner which makes $3 for a meal, expensive already.  Well, the idea is the same with other countries wherein high marketable goods are being sold but is being compensted with high salary from different jobs. Inflation becomes a problem if the slary of an average family won't be able to cope up. So to put it simply, the weigh of cost of living within  country depends on the economic status as well as socil status of the citizens which are comparable with other countries. The difference with economic sttus of different countries creates different perspective of what 'expensive living' is.
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