How is the cost of living in your country? - page 4.

xSkylarx

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Quote from: Mr. Magkaisa on March 20, 2023, 12:58:42 AM

- Here in the Philippines, if I compare to other countries, I can say that the prices of goods are better and better somehow.

Maybe from the food, except for other vegetables that are expensive, the rest is also okay, then from the rentals, you can get something that is also cheap, but it depends on the place of course. But when there is a crisis due to inflation, it is also a bit difficult, but now it has been fixed.

For sure, you are in the middle class or higher because you can say that. From rents, most of the house rentals increased due to the electric bills and water bills that also increased. In addition, the price of canned goods, which most low-income and minimum-wage earners complain about, is rising. I do have a lot of friends in government (contractual or job-ordered) who say that their salary is not enough and want to increase their salaries. Though those street food vendors have increased slightly, it is understandable given that all ingredients have increased.

19Nov16

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Quote from: S A KHAIR on March 20, 2023, 01:17:14 AM

I come from a 3rd world country, with current prices everything is still under control for me but for a worker with a basic salary it will be very difficult. Things are increasing in price too fast while their earnings are still not improving. If the situation persists and they don't make an effort, they are more likely to become homeless.

To improve welfare of course we have to be creative, don't blame too much on any condition, even if we work and only get a basic salary then we can still find additional income, the presence of the internet opens up opportunities to get additional earnings, I have a friend who is a worker in a garment factory, but at night he goes online on tik tok even though he only tells anything for up to 2 or 3 hours, the result is that he can get earnings from tik tok which are sometimes bigger than the wages of workers.

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Quote from: Theones on March 19, 2023, 07:06:02 PM

Quote from: Twentyonepaylots on March 19, 2023, 06:16:27 PM

Quote from: Unbunplease on March 19, 2023, 04:36:31 PM

The cost of living in all countries has at least doubled in two years - at almost the same level of wages. The main question is how to curb the rise in prices? Soft policy does not work here anymore. Money devalues more and more every day. This is fact.

This is the same with my country as we are now facing the worst inflation rate. However, even though prices go up faster every month, our country is so incompetent that they can't increase the wage. Meaning the level of wages isn't moving but the prices of goods are moving very fast. This is hard since you can't catch up and your purchasing power decreases every month. I just hope our government do something to address this.

The rise of prices are everywhere. Be it east or west, people are upset due to increased prices.
The government can not do anything - because they care for themselves only way out is work double shift and earn more money to meet your fiances

You can also do two or three jobs at once if the time you make is very good and good in the future. So what will happen all about how enterprising you continue to grow going forward.

Rupok

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In our Bangladesh, the price of all the daily necessities is very high. Probably more than any other country.The biggest impact in our country is the price of soybean oil, which was a little less than $1 a year ago but has now gone up to $2.Boiler was 1.5$ but now it's 4$. Not only that, the prices of daily necessities are increasing at a high rate. Gas prices are increasing at a double rate.Expenditure is doubling as compared to people's income. Because of this people are suffering a lot. People are not able to lead their prosperous life.This problem has arisen since covid 19. Agricultural laborers are struggling to earn money for their basic needs.

Uruhara

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Quote from: Unbunplease on March 19, 2023, 04:36:31 PM

The cost of living in all countries has at least doubled in two years - at almost the same level of wages. The main question is how to curb the rise in prices? Soft policy does not work here anymore. Money devalues more and more every day. This is fact.

Many factors are the cause of the price spikes from day to day. However, in recent years the main trigger and cause has been the pandemic. And then there was inflation. exacerbated by the war between Russia and Ukraine which affected many countries. even the price of wheat continues to rise at this time.

and it is true that in a few years the price increase can reach 2 times due to high inflation. and what makes it even sadder is that employee salaries have not increased. so that it is increasingly difficult for us to be able to set aside money such as for saving and investing. and we are currently encouraged to be more efficient.

Kadal Ijo

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I live in a small town with an income from working in a company that produces paint and textiles about $ 400 per month, my living expenses are still alone about $ 250, which makes it cheap because I get lunch at the office so I can save costs, but every year the cost of living continues to increase because my country often experiences inflation.

leonair

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Quote from: slashz9 on March 18, 2023, 04:35:53 AM

I am 28 years old and I live in Indonesia, the cost of living here is different for each region, at my place for now maybe around 200$ a month is enough if you live alone it might increase if you have a family.
the problem of price increases also occurs here and it can be said that it is also high, around 10-40% of the normal price.

$200 for only one person is really too much. My family has 5 members in this case according to you $1k will be my family expenses if I live in Indonesia. Where I live it takes $300 to run my family of 5 where we can eat chicken, beef and all kinds of good quality food as needed. here chicken is $2 per kg and beef is $6 per kg and rice is $0.3 per kg.

Quote from: S A KHAIR on March 20, 2023, 01:17:14 AM

I come from a 3rd world country, with current prices everything is still under control for me but for a worker with a basic salary it will be very difficult. Things are increasing in price too fast while their earnings are still not improving. If the situation persists and they don't make an effort, they are more likely to become homeless.

I think unemployment rate is very high in your country so workers wages are very low. And the reason for this is that the income is low, but because of the shortage of goods in the country, the price of goods is very high. So in this case you have to outsource. And you have to work hard in different ways to earn more money only then you can live in harmony with the price of your country's products. and the government of your country should be more aware and try to reduce the price of products

S A KHAIR

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I come from a 3rd world country, with current prices everything is still under control for me but for a worker with a basic salary it will be very difficult. Things are increasing in price too fast while their earnings are still not improving. If the situation persists and they don't make an effort, they are more likely to become homeless.

Mr. Magkaisa

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- Here in the Philippines, if I compare to other countries, I can say that the prices of goods are better and better somehow.

Maybe from the food, except for other vegetables that are expensive, the rest is also okay, then from the rentals, you can get something that is also cheap, but it depends on the place of course. But when there is a crisis due to inflation, it is also a bit difficult, but now it has been fixed.

Theones

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Quote from: Twentyonepaylots on March 19, 2023, 06:16:27 PM

Quote from: Unbunplease on March 19, 2023, 04:36:31 PM

The cost of living in all countries has at least doubled in two years - at almost the same level of wages. The main question is how to curb the rise in prices? Soft policy does not work here anymore. Money devalues more and more every day. This is fact.

This is the same with my country as we are now facing the worst inflation rate. However, even though prices go up faster every month, our country is so incompetent that they can't increase the wage. Meaning the level of wages isn't moving but the prices of goods are moving very fast. This is hard since you can't catch up and your purchasing power decreases every month. I just hope our government do something to address this.

The rise of prices are everywhere. Be it east or west, people are upset due to increased prices.
The government can not do anything - because they care for themselves only way out is work double shift and earn more money to meet your fiances

Twentyonepaylots

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Quote from: Unbunplease on March 19, 2023, 04:36:31 PM

The cost of living in all countries has at least doubled in two years - at almost the same level of wages. The main question is how to curb the rise in prices? Soft policy does not work here anymore. Money devalues more and more every day. This is fact.

This is the same with my country as we are now facing the worst inflation rate. However, even though prices go up faster every month, our country is so incompetent that they can't increase the wage. Meaning the level of wages isn't moving but the prices of goods are moving very fast. This is hard since you can't catch up and your purchasing power decreases every month. I just hope our government do something to address this.

Unbunplease

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The cost of living in all countries has at least doubled in two years - at almost the same level of wages. The main question is how to curb the rise in prices? Soft policy does not work here anymore. Money devalues more and more every day. This is fact.

Uruhara

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Quote from: Ryu_Ar1 on March 17, 2023, 03:45:58 PM

Quote from: Uruhara on March 17, 2023, 02:30:02 PM

It's the same in my country. Daily necessities continue to increase. but the increase is happening slowly. and what I really regret is that in my country even though for example inflation has fallen but strangely the prices have not fallen at all. like for example gasoline fuel which continues to increase every year and the increase has even occurred from before inflation increased. and of course when the price of fuel goes up, the prices of other goods automatically go up. and never come back down. and what is very concerning is that the wages of employees are increasing much slower than the increase in daily needs.

The conditions will obviously be the same for almost all existing countries because we still have to feel the impact of some of the conditions that have existed to date.
I read several articles about this, the conditions are still the same and the economy is still very volatile right now so we won't be able to escape this condition in the near future.
However, aside from the inflation that is being felt so far, the impact of the prolonged war in Ukraine has also become one of the problems that has hampered the world economy. This geopolitical crisis is one of the biggest contributors to the global economy being sacrificed.

source

You are right. that the recovery of economic conditions seems to require more time. although the rate of inflation in several countries has indeed begun to decline, it has not been able to fully stabilize the economy in the near future. well, the prolonged war was also another major factor that hindered and became the cause of the current economic crisis. even food crises still occur in several countries. and that is very concerning.

soramon

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Cost of living on my country is high but in some city the cost is not really high. We can take an example for food, i can spend almost 100$ just for food it already include chicken, meat,etc. This can afford of small family and i think its affordable. For total cost a month i think i can say it around 200-300$.

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Quote from: LastKiss on March 18, 2023, 07:56:15 AM

Quote from: MiliMil on January 19, 2023, 12:28:14 PM

~snip~

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

Everything in my country also increased right now, last two years I can get four noodles for only 1$ but now with $1 I can only get two noodles and a little change. Well, we keep struggling every year to only fulfill our needed due to heavy inflation in food and other stuff but thanks to crypto that we can cover everything from inflation tho.

That's the bitterness of life that is happening right now. this is something you can't stop on your own and everyone is growing but we can't be left behind with all of this. bad things will continue to happen at this time and if you are left behind with the economy then poverty will haunt you every day.

LastKiss

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Quote from: MiliMil on January 19, 2023, 12:28:14 PM

~snip~

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

Everything in my country also increased right now, last two years I can get four noodles for only 1$ but now with $1 I can only get two noodles and a little change. Well, we keep struggling every year to only fulfill our needed due to heavy inflation in food and other stuff but thanks to crypto that we can cover everything from inflation tho.

abralzain17

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Quote from: MiliMil on January 19, 2023, 12:28:14 PM

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 cost of living in each country varies, there are countries that require large costs due to expensive staple prices. there are also countries that don't burden their people and that require a low cost of living. In my country, for example, of course we need a higher cost of living because all the prices of basic commodities are high

slashz9

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I am 28 years old and I live in Indonesia, the cost of living here is different for each region, at my place for now maybe around 200$ a month is enough if you live alone it might increase if you have a family.
the problem of price increases also occurs here and it can be said that it is also high, around 10-40% of the normal price.

gunhell16

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Quote from: dothebeats on January 19, 2023, 02:54:51 PM

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.

If your total budget is 600$ for all your expenses here in the Philippines, it only means that you can earn more than 1000$ a month, right?

It's true that vegetables are a bit expensive in the Philippines today, I can even say that pork, chicken, and fish are cheaper than vegetables, but sometimes I don't think it's bad to buy vegetables from time to time. But on the other hand, your planned retirement savings are good.

Fakhrulenclix

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Quote from: Ngewex Yuk on March 18, 2023, 12:00:54 AM

Quote from: fadhilz123 on March 17, 2023, 06:58:43 PM

Quote from: odunybiz on March 17, 2023, 06:04:10 PM

Cost of living here is high especially at this period when there is inflation. This make it difficult for poor and average people to get their 3 times meal.

The cost of living, which is often a difficulty for the poor, is because they do not have a place to make more money, so they really feel the effects of inflation and meet their necessities of life, such as eating three times a day. But as long as the poor people in your place can always be productive in working to make money, I don't think they will feel deep difficulties dealing with their current living expenses problem.

The role of the state is very important to ensure that everyone can live properly, unfortunately most countries make poverty a political tool to strengthen power, some even think that if the state wants to be strong then the state must maintain poverty, besides that the mindset of humans is very decisive in becoming rich or poor, most people are not willing to take risks making it difficult to improve their lives.

all countries want their citizens to live properly but for poor countries or developing countries of course it is very difficult and we as citizens of the country must understand that.
don't complain, get out of your comfort zone and force yourself to do more to live a better life.

don't blame anyone in this life, in almost every country, the cost of living is low but it is the desires in life that make it expensive so that we feel that we are not sufficient when we are unable to fulfill our desires.

Topic: How is the cost of living in your country? - page 4. (Read 2005 times)