Topic: How is the cost of living in your country? - page 5. (Read 2020 times)

That's mostly what happened in our country too. Low economic country like ours always suffer whenever there's and issue on the economy such as inflation. Though middle class people and above doesn't feel that much changes us who are the very bottom of the ladder could literally feel it. Even a slight change on goods such seasonings and other vegetable really hurts our wallets. Right now it is hard to live a semi healthy lifestyle if your daily average wage is only $5-$8, coz it's not as if you're only paying to put food on the table, how about other expenses such as water bills, electricity and internet?

Before it was still manageable to get married at young age, but right now, even surviving alone is a big struggle, how much more providing for a newly built family? A lot of old people would say, stop chasing money and chase what brings you happiness, but nowadays I don't really think it is applicable to us, not unless we are born with a silver spoon in the mouth. I even tried to do some extra side hustles just to be sure to meet ends and even that still requires a lot of time and patience just to only survive.

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.

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.

This is also being experienced in our country. All the basic needs are now hard to afford and poor people are being challenged to survive living everyday. They are asking for the help of the government which is also busy taking advantage of the inflation. Since the price of basic goods is increasing rapidly, we have no choice but to look for alternative jobs to double our earnings just to afford to live. Everyone is aching from the inflation crisis but only those who are fully motivated to earn more during this crisis will be able to save and survice with grace.

Economic status is never become that better all the years we've bee into and this is why it never been that shocking anymore which the poor gets more poorer and the rich becomes even more richer.

Lets just that accept the fact that this would really become a default thing.Therefore, as an individual who do struggle up in terms of living and providing your daily needs then it would really be
that wise for us to find for another source of income on which you would really be able to survive this struggles in life.Yes, you wont really be finding yourself that progressive if you
wont really be doing something. Cost the living here in our country might be that cheap but still due to low wages then it would still be that useless.

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 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

The current condition is not only about one country but the possibility that all countries will experience the same impact, especially in terms of increase, the big and superpower countries are currently experiencing problems basically and this will obviously be felt more for relatively smaller countries.
I think conditions like this will also continue to exist until economic conditions improve, but for now with inflation and recession looming, it is certain that things like this will be even more suffocating.

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.

Indeed,I used to go to a store with a list and pick up goods almost without looking at the price tags.Now you have to choose and compare in order to save at least a little. And I also worry about the old people,because they don’t always have enough money and they have to deny themselves a lot.I try to help my family as much as possible.

I just imagine before that we used to go to grocery without minding the price as we are sure that the price is the same but right now we always check the price as it keeps increasing and our grocery budget are not enough , you need to cut other spending if you want to make your budget enough . I am just more worried right now those minimum wage earner or under how they can survive this as it is getting difficult day by day.

Currently I live in the city and have to rent a room because my house is far from work, it takes at least 3 hours of train travel so if I don't rent a place to live I will often be late and of course the transportation costs are expensive, I rent a room measuring 2x3 meters and a bathroom general and if in total it took about $350. the cost of living continues to rise as annual inflation is usually around 5%.

I think everyone has recently felt the rise in prices for consumer goods,in my country everything has risen by 25-30 percent and I don’t see a downward trend in the near future. I began to spend less money on leisure and began to save more,I also carefully look at the price of goods before buying them.

Many businesses are firing their staff or they are shutting their operations.
the survival is way too difficult and things are not easy in my country.

The thing in my country now is meant for rich people now
Just a
      an Apple before you can get 1$ but now is close to 3$ now
Then I use to get Gasoline for a liter at 2$ but now it had become gold a liter is upto to 5$ 🥴
And the government is not saying anything about it, just to rental home now is hard over here it is about 3200$ 

Living expenses went through the roof over the last 12 months. While energy prices stabilised again in Germany, we pay around 1.80 euro per liter, everything that is related to food is going on price every few weeks without any end in sight. The elderly people are hit hard from the crisis because their pension is not being adjusted for inflation, but families with young children are even worse off. Fresh products are especially getting more expensive, making it harder to ensure a nitrous diet for our children. Almost all my friends with children are buying lower quality products for themselves to have enough money to buy fresh fruits and vegetables for the children. Many fresh products in the supermarket jumped 50-100% up in price in less than 6 months. If this trend continues it's going to be a terrible year. The main problem is that wages are taking so get adjusted for inflation and there isn't much help from the government.

I live in a developing country, as $600 is sufficient for you if you do not have to pay electricity and water expenses, meaning that you live with your family, but for a single person and with house costs and others, you need about $2000, and the amount will increase if you have a wife and children.
It is true that it does not seem like a large amount compared to some countries, but the average salary ranges from 1500 to 2000 dollars, meaning that it is difficult to save large sums of money if you have a wife and children.

Without making price details for all the items you buy, there is no conclusion whether your country is much more expensive compared to the country where I live regarding these groceries, thus resulting in increased chaos among the lower middle-income community.

It can be said that almost all countries have experienced a surge in the prices of goods and services and especially in the food sector, the impact of the economic recovery caused by Covid-19 has really affected the adjustment conditions between people's income and spending, while the basic needs for the food sector have continued to rise and on the other hand the minimum wage for workers in all employment sectors has never experienced an increase after the impact of Covid-19 hit.

This chaos makes it even more difficult for people to get out of the economic crush, because there is no adjustment between income and expenditure. Not to mention talking about health costs, children's education, gasoline, water and electricity, which in the end results in a mess of problems faced by society, especially for those with middle to lower incomes.

There are several methods that can be applied by anyone.

1. Start preparing savings for old age by doing it regularly, even if little by little.
2. Invest according to income ability.
3. Trying to grow food sources in the yard of the house or in vacant land, such as vegetables and other needs.

We must adapt to any conditions and circumstances, because it is impossible for circumstances to adapt to us, without any planning, our future life will be much more difficult.

By the way I am living in an Asian subcontinent and as we all know that in Asia there is Less (PPP) "Means People Purchasing Power"
And In my country grocery rates are as followed.

1. Meat= 2.2 Dollars All Time high Never before
2. Rice= 1 Dollar
3. Petrol= 0.8 Dollars
4. Honda Civic= 28000 Dollars 🤣
5. Wheat= 0.4 Dollars
5. Normal Fruit Rate= 0.6 Dollars

As we all know that inflation as high in all countries and we are also facing such huge problems. And I think that we should control inflation unless it will silent kill us All.

Throughout when I was working in the metropolitan area in my country, the cost of living there was too much for my salary to handle and thankfully I live in a provincial area wherein it is more worth it to just transport your way home rather than relocate there since the cost of apartment there was like twice on how much I pay for my expenses back and forth monthly. Not really worth it in my end.

I feel bad for some of my colleagues that just tends to keep it that way. They even mentioned that it would be cheaper to buy a cooked food rather than cooking your own food there.