Topic: How is the cost of living in your country? - page 13. (Read 1895 times)
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.
I tell you, you are extremely lucky! If this is the first time that you felt the rising prices of goods and services after buying all those good stuff including chicken drumsticks for your dog, you are living the life! Mate, you are blessed there!
That kind of life is something many people could only wish for. From where I am, that chicken drumstick is not for the dog. The human eats the meat, the bone goes to the dog. And one tiny piece of chicken drumstick fried in used cooking oil is already worth 1 AUD.
That kind of life is something many people could only wish for. From where I am, that chicken drumstick is not for the dog. The human eats the meat, the bone goes to the dog. And one tiny piece of chicken drumstick fried in used cooking oil is already worth 1 AUD.
My family also has 2 dogs, and they have never eaten a chicken thigh or a piece of meat, we eat meat and they only eat bones and white rice. Although inflation persists, food and commodity prices are still high, but he can buy chickens for his dog, I don't think he will have a hard time in life. If with that 50 AUD in my country, we can take care of expenses for 1 week for my family of 3. It is true that there is a huge disparity between developed and third world countries.
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.
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.
Where I live it's still pretty cheap for groceries and services as $50 is enough to live on for five days if it's just by yourself. Because here, for the cost of daily meals without electricity and water bills, you can just have as much as $6 and that includes one liter of motor gasoline a day. So it's still cheaper here if I compare it to what you told me, even though I also feel the increase in food and service prices from last year until now, but I can still deal with it comfortably by continuing to work and make money so I can live without going hungry.
And maybe I wouldn't be able to live in Australia if the cost of living was that much because $50 is very precious money to me and I would be very grateful if I could make that much money in a day, because I can spend some of it on food and some of it on saving for brighter future. So I can't imagine the amount of spending there (Australia) with the amount of money I spend here on a daily basis.
Cost of living here in the Philippines is pretty cheap compared to other countries, but the salary and wages isn't on par with the price of goods. I live alone, have two jobs and live near the city. What I earn is more than enough for me and some other hobbies that I have. Total budget every month never exceeds $600, and that includes rent, bills, food, and gas for my car. However, the quality of the food I eat is a little compromised; I seldom have any greens on my food because of how crazy expensive they are here. Meat is somewhat cheap, and that is what's usually on the menu. Any other comforts in life, I can afford but choose not to because I'm trying to save and invest in order to retire early.
We are living in the same country but the only difference was I'm in the province. I'm a corporate worker in a company near my province and my salary is above minimum wage. My family has a small farm for fruits and vegetables so most of the time we have a free meal from our harvest. The cost of living here is very cheap and I have a job that can sustain my other financial needs. I don't have any other expenses except the bills since I don't like spending on lucrative things. I would say that we are blessed to live in our country and I'm very contented with what kind of life I have now. Simple living away from city stress is the best.
Many Filipino still choose to work overseas while the locals in that country are already complaining about their cost of living. This is what I don't understand in our country.
Cost of living would also relate to productive capability of that country, any of the global nations which has no access to oil or energy generally have to think smart and trade well not to be worse off. Every time inflation rises it surely means anything we import is more expensive but the national produce of a country shouldn't be as affected imo.
One of the big upsets from the war in Europe not foreseen was perhaps the disruption to fertilizer production and so the knock on effect to maybe a hundred different prices from that. Reason being as I understand it is a large amount of nitrogen fertilizer production relies on cheap natural gas; entire lines of supply going missing in competition to a general lack of energy across Europe during winter was not a good atmosphere for production and export of this highly related good.
Theres more then one way to raise a crop and fertilizer it but we often want the easiest and cheapest route and this was stopped quite abruptly. Plus Ukraine itself is a large global food market for the world and such a wide attack against civilians even stopped that, any lack of supply feeds inflation which was already a factor. I think the easiest summary is complacency was common and it has cost us.
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especially groceries.
One of the big upsets from the war in Europe not foreseen was perhaps the disruption to fertilizer production and so the knock on effect to maybe a hundred different prices from that. Reason being as I understand it is a large amount of nitrogen fertilizer production relies on cheap natural gas; entire lines of supply going missing in competition to a general lack of energy across Europe during winter was not a good atmosphere for production and export of this highly related good.
Theres more then one way to raise a crop and fertilizer it but we often want the easiest and cheapest route and this was stopped quite abruptly. Plus Ukraine itself is a large global food market for the world and such a wide attack against civilians even stopped that, any lack of supply feeds inflation which was already a factor. I think the easiest summary is complacency was common and it has cost us.
It's not just that fertilizer production depends on natural gas.
Russia and Ukraine are the largest exporters of nitrogen fertilizers. Currently, the export of nitrogen fertilizers from these countries has been stopped. The disruption of logistics chains in the modern world leads to a deterioration in the standard of living in all countries.
The problems began during the Covid-19 pandemic, but even after the situation with the disease improved, supply chains did not fully recover.
The rejection of globalization is very costly for all of us.
My country isn't doing well economically, but it's completely understandable because we are literally at war right now (Ukrainian here). The prices for many staples are simply twice as high as a year ago, so yeah, a huge difference. For some products it's a 30-50% rise, and I think only things which used to already cost lots of money in some ways cost the same they used to. I think it's also important to not just look at the prices, but at the salaries as well, because that's what really matters. Average salary in the capital for a full-time job is $500, the minimum wage is $183.
A big advantage is that, as a highly agricultural country, we generally have very cheap veggies and some fruit. It's not the case with everything, but you can buy potatoes for $0.30/kg, carrots for $0.60/kg, onions for $1/kg. We also have very really cheap oyster (cluster) mushrooms, like $4/kg. But then a can (400g) of chopped tomatoes is almost $2, fresh peppers are $3.5-$5/kg, tomatoes are $2.20+/kg. Overall, it's not great, but not equally bad either, so you can get by without spending too much if you pay attention to prices and are willing to experiment with new ingredients.
A big advantage is that, as a highly agricultural country, we generally have very cheap veggies and some fruit. It's not the case with everything, but you can buy potatoes for $0.30/kg, carrots for $0.60/kg, onions for $1/kg. We also have very really cheap oyster (cluster) mushrooms, like $4/kg. But then a can (400g) of chopped tomatoes is almost $2, fresh peppers are $3.5-$5/kg, tomatoes are $2.20+/kg. Overall, it's not great, but not equally bad either, so you can get by without spending too much if you pay attention to prices and are willing to experiment with new ingredients.
Try to measure living cost with the number of bags filled with food you go out from the shop with. I remember that almost every week I came out from the shop with trolley completely filled with food. Now the food I need can be measured with one basket. Yes, now I pay more attention to food management. But I would not do it if the food prices were similar to what they were 10 years ago.
Dont forget that statistics you find in the Internet about cost of living usually is much different from real situation. Usually statistics show lowered data on human needs, and inflated data about average salary or earnings.
Dont forget that statistics you find in the Internet about cost of living usually is much different from real situation. Usually statistics show lowered data on human needs, and inflated data about average salary or earnings.
Here in my country, inflation rate is much more when compared to others because the national currency is constantly losing its value. I will add a comparison for prices we had in 2003 and 2023 below:
200 sq.m residential plot: ₹25,000 in 2003, ₹4,000,000 in 2023.
Petrol price per liter: ₹33 in 2003, ₹107 in 2023.
Milk: ₹13 in 2003, ₹60 in 2023.
Potato: ₹10 in 2003, ₹55 in 2023.
Rice: ₹9 in 2003, ₹40 in 2023.
As you can see, inflation for the last two decades have been in the range of 4x to 6x for the essentials. But real estate prices have gone up by more than 100x.
200 sq.m residential plot: ₹25,000 in 2003, ₹4,000,000 in 2023.
Petrol price per liter: ₹33 in 2003, ₹107 in 2023.
Milk: ₹13 in 2003, ₹60 in 2023.
Potato: ₹10 in 2003, ₹55 in 2023.
Rice: ₹9 in 2003, ₹40 in 2023.
As you can see, inflation for the last two decades have been in the range of 4x to 6x for the essentials. But real estate prices have gone up by more than 100x.
The cost of living is really affecting my country, and the price of food items has increased higher which is not easy for the people in the country to live well as before. The government is trying to do what will make the inflation to turn to deflation in the country, so that people in the country will start experiencing positive change in the price of food items in all communities in the land. I think, some governments will definitely get it right to end this inflation before the end of this year, because the cost of living is affecting majority countries in the world which they need to find solution to it before it collapse their economy.
I tell you, you are extremely lucky! If this is the first time that you felt the rising prices of goods and services after buying all those good stuff including chicken drumsticks for your dog, you are living the life! Mate, you are blessed there!
That kind of life is something many people could only wish for. From where I am, that chicken drumstick is not for the dog. The human eats the meat, the bone goes to the dog. And one tiny piece of chicken drumstick fried in used cooking oil is already worth 1 AUD.
That kind of life is something many people could only wish for. From where I am, that chicken drumstick is not for the dog. The human eats the meat, the bone goes to the dog. And one tiny piece of chicken drumstick fried in used cooking oil is already worth 1 AUD.
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 $50.
Wow! Are those goods made of gold? 
Let's try to compare, although you didn't mention the weight or amount of each product you bought, with the exception of chicken.
12 bananas - 1,35$
1 kg bread - 2,70$
1 liter milk - 1$
2 kg chicken drumsticks - 6,20$
Total - 11,25$
Maybe not the same quality of the goods you purchased, which are probably much superior, because they are really expensive, even for a first world country, right?
Petrol is over $2.10 a litre and my water and electricity bills have also increased by about 15%.
Gasoline is about 1$ a liter here right now. I don't know how much electricity and water bills have increased, though.Maybe you could try looking for cheaper supermarkets where you could buy the same goods for a cheaper price?
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.
That's also what it seems to be happening in my life. Although it's not wholly the entire country but as my way of living, that seems to be what I am living for, just to survive daily.I still notice how hard it is that everybody of course including me to recover from the devastation of the pandemic and the effects of the war. It seems that all of us are just getting used to the sudden price hike of almost everything which is a sad reality.
Cost of living would also relate to productive capability of that country, any of the global nations which has no access to oil or energy generally have to think smart and trade well not to be worse off. Every time inflation rises it surely means anything we import is more expensive but the national produce of a country shouldn't be as affected imo.
One of the big upsets from the war in Europe not foreseen was perhaps the disruption to fertilizer production and so the knock on effect to maybe a hundred different prices from that. Reason being as I understand it is a large amount of nitrogen fertilizer production relies on cheap natural gas; entire lines of supply going missing in competition to a general lack of energy across Europe during winter was not a good atmosphere for production and export of this highly related good.
Theres more then one way to raise a crop and fertilizer it but we often want the easiest and cheapest route and this was stopped quite abruptly. Plus Ukraine itself is a large global food market for the world and such a wide attack against civilians even stopped that, any lack of supply feeds inflation which was already a factor. I think the easiest summary is complacency was common and it has cost us.
Quote
especially groceries.
One of the big upsets from the war in Europe not foreseen was perhaps the disruption to fertilizer production and so the knock on effect to maybe a hundred different prices from that. Reason being as I understand it is a large amount of nitrogen fertilizer production relies on cheap natural gas; entire lines of supply going missing in competition to a general lack of energy across Europe during winter was not a good atmosphere for production and export of this highly related good.
Theres more then one way to raise a crop and fertilizer it but we often want the easiest and cheapest route and this was stopped quite abruptly. Plus Ukraine itself is a large global food market for the world and such a wide attack against civilians even stopped that, any lack of supply feeds inflation which was already a factor. I think the easiest summary is complacency was common and it has cost us.
Cost of living here in the Philippines is pretty cheap compared to other countries, but the salary and wages isn't on par with the price of goods. I live alone, have two jobs and live near the city. What I earn is more than enough for me and some other hobbies that I have. Total budget every month never exceeds $600, and that includes rent, bills, food, and gas for my car. However, the quality of the food I eat is a little compromised; I seldom have any greens on my food because of how crazy expensive they are here. Meat is somewhat cheap, and that is what's usually on the menu. Any other comforts in life, I can afford but choose not to because I'm trying to save and invest in order to retire early.
Yes, the cost of living here isn't that much expensive but due to inflation, the cost of goods and services has increased tremendously. So, if a local worker has to earn 571 pesos minimum wage ($10.4/day) that will be not that much for a family man. But for a single person, that would be bare enough that transportation cost has increased too and this is in the metro(center/NCR). But the good thing many companies now are offering a work-from-home setup and most likely from being temporary, they'll implement it as a permanent setup. So, that saves a lot from the transportation and effort and time of a normal worker.I've believed in the way of living that we should be frugal in life and even how hard I do that, you'll still notice how things have changed a lot when in the past few years (pre-covid) things were quite cheap, unlike today. As a family man, you really have to hustle and grind with anything that you can and do as many side hustles as you can, well this is for most countries I guess.
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.
While the cost of food has definitely risen, I have noticed deals being offered for home delivery of groceries where prices are marked off by more than 50%. Target and other retailers offering home delivery appear to aggressively be pushing the option with generous sales.
Amazon with its free shipping plan was a good alternative for food shopping, before rising shipping costs were factored into unit pricing. Amazon is still a decent option under some circumstances where local supplies are limited. Although I have noticed that it is now cheaper to buy many food products in stores than on amazon, which bucks the previous trend of amazon being the more affordable seller. Amazon also carries a good supply of freeze dried and dehydrated rations which are suitable for emergency long term storage. It is good to remember dehydrating and freeze drying food products eliminates vitamin C. Good supplementary sources of vitamin c are a necessity for planning purposes.
Alternatives to rising fossil fuel prices are more difficult to come by. I would guess more people are resorting to EVs, bicycles, electric scooters, mopeds and alternative travel options which offer better MPG.
Amazon with its free shipping plan was a good alternative for food shopping, before rising shipping costs were factored into unit pricing. Amazon is still a decent option under some circumstances where local supplies are limited. Although I have noticed that it is now cheaper to buy many food products in stores than on amazon, which bucks the previous trend of amazon being the more affordable seller. Amazon also carries a good supply of freeze dried and dehydrated rations which are suitable for emergency long term storage. It is good to remember dehydrating and freeze drying food products eliminates vitamin C. Good supplementary sources of vitamin c are a necessity for planning purposes.
Alternatives to rising fossil fuel prices are more difficult to come by. I would guess more people are resorting to EVs, bicycles, electric scooters, mopeds and alternative travel options which offer better MPG.
I feel this is the first time in my adult life I have genuinely noticed the rising cost of goods and services especially groceries.
Wow, I'm surprised that at the age of 32, you've just noticed a price increase in your country. You must have been born with a silver spoon, unless your country has been doing well and making many provisions for its citizens. In my country, the price of goods and gasoline rises on a daily basis, and you can never get a previous price for goods, even if it is not expected to. There is no increase in salary, but there is an increase in goods and basic necessities that man requires for survival. So, in general, life in my country is not conducive to a local man without a means of survival.
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.
The recent pandemic experienced and the war between Ukraine and Russia is really taking a torn on the world economy and no where is really better both in prices goods and services and this has made standard of living a hell of a thing for many over here in my country. I wonder how things will be should life keep going on this way in the neck ten years to come.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 just don't wanna imagine!
There isn't a single thing in my country that hasn't gotten more expensive. Food, housing, electronics, petroleum, etc. Things that were previously inexpensive have tripled in cost. The rising cost of things is causing both the wealthy and the poor to complain bitterly. The fact that my nation is entirely dependent on imported commodities hurts me the most (Goods increase with the price the of dollar rate). Anything that increased in price finds it difficult to decrease in price back
I am from Turkey, so you know things are not looking good when its world wide known that we are doing worse than most nations, I think Argentina is the only worse one than us at this point. The good thing is, we had a sweet situation with how big we are, so when there are tens of millions of people working? That means we could make it back quicker than most nations so I am hopeful about our future. Yeah things suck right now and yeah we are barely suriviving, hell at this point foods going to be a luxury in a few months if we keep this up. BUT, we also have a better chance to come out of this because when you have close to 90 to 100 million people and tens of millions of people working, that creates value and that means we will definitely get better in the future. We just need to keep pushing through this horrible stage for a year or two, it will suck, we will be horrible, we will distain and hate everything and everyone and going to suck, but then we will probably get better (hopefully).
We've got a large Turkish community in Australia. Great people and the food is elite.
Let's hope things get better sooner rather than later.
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