Topic: How is the cost of living in your country? - page 8. (Read 1895 times)

Whatever the price increase percentages are in Australia or any other first world country, it can't be compared in any way to the rising that happens in some of the third world countries. Lebanon, Syria, and many others are suffering a dropdown in their national currencies against the dollar, which caused fast increases in products prices. Just imagine that the prices in Syria has risen up %300 from the point it was one year ago, and over %14000 from where it was 12 years ago when the war started. In addition, Lebanon has the same situation, but in worse way, as their currency dropped down from 1500 L.L = $1 to 86k L.L = $1 these days, and that drop happened in less than two years, so imagine how products prices will be.

Inflation is global. I have taken my time to go through the post of so many people in this trade and everyone is pointing out how the products and services in their different countries has almost trippled.
I also understand that even if inflation is global. It is also subjective because it is a fair percentage in some countries than in some countries and the living expenses in some countries are higher than in other countries. And even the salary structures of some countries are higher than that of the other.

That is the sad truth: foods and our other needs are getting more expensive, but our salary is not increasing either, which is why we need to have side jobs and sacrifice our free time for our family to work hard. I just remember that before we used to use the big cart to buy our needs, but now we are using the small one, and still it is very expensive, so you need to cut some needs just to reach your budget. I am hoping that sooner or later, prices will begin to fall or our wages will be raised, as it is very difficult  how much more those who earn less than the minimum wage for sure they are struggling. 

A few years ago, $50 is already enough to buy groceries and other basic needs but these days $100 in our country could only buy a few things. The sad part is, our necessities including our bills are continuously increasing but our salaries remain the same.
Having a single job indeed will never be enough for us to provide our family with a comfortable living. If we want to sustain everything and have enough funds to save and invest, we must find other side jobs. Being contented and confident with our current job will not work in the long run anymore. As inflation increases, we must also double our energy to grind harder.

I think it is "possible" that the salary will go up, but the purchasing power of it will not. Meaning, if you are making 1000 dollars, and can buy 1000 breads with it, tomorrow your salary could go up to 1100 dollars because of inflation, but then you can buy 950 breads with it because price of bread went up. Now in this case your salary "went up", but as you can see it actually dropped down in purchasing power.

Rest of it I agree with, you should be looking for either an extra income, a good side job that could make you good enough money, or you could what I did, I used to make a lot less, then I found my current job and I am getting paid very well, I am basically rich in my nation.

But have you ever questioned why other people could be rich, but we can't be rich? Because we are poorer than others, we cannot say that the government should tax the rich and should not tax the poor. I'm poorer than a lot of my friends and I have a harder time than them in life, but I don't blame the government. Because my friends like me, their family as well as my family, are very poor, but they rise by their own ability, they deserve what they have. I can't call on the government to tax them without taxing me, we shouldn't be selfish just because we're not as good as them.

In Indonesia it's actually not too expensive, it's just that the minimum wage for employees and the large number of unemployed are still the main problems. For rice as a staple food, the price is still $0.79 / kilogram. Gasoline is still priced at $1, and other needs will surely follow. For Southeast Asian countries, especially countries that are still developing, the prices of basic necessities can still be considered affordable because they adjust to the minimum wage of employees and the economic conditions there. Different when talking about developed countries such as Japan, Korea, Singapore, China, Australia and European Union countries.

How popular would you say Crypto and Crypto-Gambling is in Pakistan?

I find in countries with unstable governments like Nigeria, Ukraine etc there is a lot of crypto-gamblers and crypto enthusiasts.

I wonder why your country does not have taxes for wealthy people on your country? I think that the government should make regarding inflation mandatory to adjust the salary of every people to make up for the inflation.

And I would say that cost of living today is really complicated that's why some people much prefer living their own country if the government can't control their inflation.

This is because government is not ready to Tax rich rather Tax burden is mostly on lower class. That's the prime reason rich is getting more rich and vice versa. I am from Pakistan and weekly inflation here is now gone upto 41% and rates of product are too high. Fuel prices are going up and price of everything in Pakistan is linked with fuel price. Since government is not willing to Tax rich they are putting more Tax on fuel and products used by people for daily living.

I had never imagined that such a perspective could exist. Indeed, it would be most advisable to explore unconventional channels of financial gain during these turbulent times. However, one cannot overlook the obligation of the government towards the citizenry. After all, we are taxed to fulfill a specific purpose, are we not? It appears that the governing authorities are not doing enough to alleviate our struggles, which is disconcerting. Nevertheless, it is incumbent upon us to seize control of our destinies and pursue avenues that would lead to financial stability. Although this may not be a simple feat, we shall persevere and triumph in the end.

I smiled when I saw that you're giving you have a budget for you doggy.
As a dog lover, I always love if I saw other dog owners giving the care the dogs are needed. Always take care of you and your dog and wishing that doggy a long life.

The cost of living here in our country didn't increase that much compare to other countries, but the salary of employees here especially those who are earning minimum wage on a daily basis are having a hard time budgeting their salary.

Prices of goods and other things went up, but salary still isn't enough. The minimum wage increased from $9.75 to $10.35 and that's on the capital of our country. In some provinces, the minimum wage is lower, but the prices are lower as well. Point is the salary of an minimum employee here in our country isn't enough or barely enough for a family to feed.

With this, I've seen some people who are eating twice a day instead of 3. There are some who are budgeting their money really tight to the point that they are lessening the food that they're eating. Worse is that, there are some who are begging on the streets already which is quite unfortunate. I can say that I'm fortunate that the increase of goods and other things here in our country didn't affect me that much, but I admit that the times I'm putting money to my emergency funds decreased. Still grateful.

When inflation occurs, businesses will also suffer heavy losses, so the possibility of a salary increase is very unlikely. To deal with inflation, with the cost of living rising, do not expect government or company policies to raise wages, instead, find your own way. Finding myself some other source of income, doing more than usual, that's what I'm doing to get through this tough time. I know the government needs to be accountable to the people, but I don't want to sit there waiting for them and do nothing.

The cost of living in OP's country seems to be quite high when compared to the cost of living in my country. But I think the salary in a country with a high cost of living will certainly make the salary in that country relatively higher too. adjust to the high cost of living. so that the people there will still be able to buy all their needs even though at a slightly higher cost than in other countries.

Per capita income is usually used as a benchmark in determining the level of prosperity of a country. but I think those benchmarks are often off the mark. many factors that cause it such as uneven employment opportunities. and there are still many factories or industries that pay their employees below the standard salary determined by a country.

And talking about the cost of living in my country, I think the economy here is quite stable. The increase did occur in various sectors affected by inflation. but purchasing power is still not reduced. At least that's what I noticed around me.

Rich people becomes even more rich and the poor becomes even more poorer which is mostly the case for most countries which does have this kind of economic problem.We do know on what are the difference in

between two which would really put off the balance.Same here on our country on which the goods had rosed up 2-3x too which if you are really just an average wage earner and doesnt have any other income

source then you would really be having a hard time on living a life which you would be able to provide on whats needed and necessary but as much as possible
it would be better if you do have other income source.

If you think inflation is high in Australia you would be shocked if you lived in Türkiye. The price of everything went up at least three times last year. It's almost impossible to live decent if you don't have side jobs. Minimum wage is very low and most people get paid by minimum wage. People cut luxurious expenses long time ago. Now even grocery shopping is difficult. People can't eat enough meat. The gap between the rich and the poor has widened so much.

Commodities are getting higher in different countries, i believe that it's not only in Australia things are getting increase in a country, sometimes i portion blame to government of a country, because i noticed that every difficulty everyone is facing in her country is the course of the president of the country and the law markers of the country, because things start getting tough in a country when they are experiencing challenges in their economy, and if the management of the country economy hesitate to fixe the economy condition of a country things will continue to accelerate with hardship of higher price, so the condition of a country rely on the governing council.

In my county everything is very costly and a normal person cannot afford it. There are lots of people who are homeless and they cannot fulfil their daily needs and requirements. Salary of single person is not enough for living a happy life.

There's need a very conscious mind and hardworking people because without doing double jobs no one can achieve his life goals. The cost of petrol in my country is very high, not just petrol but all edibles things are also very costly here.

People with government jobs also become a participant of another field in which they can find good source of income. Like that is cryptocurrency investment and trading so people in large number join this field for enhancing worth and to make their life happy.

Everything has increased in Australia too. The class gap has widened dramatically.

The housing problem is also ridiculous, literally hundreds of people show up to inspect one property.

I'm not complaining because I understand there are people who have much bigger problems and are in worse situations.

I hope things get better for everyone as soon as possible.

That’s the sad reality that wages aren’t even increasing so it can somehow cope up with the increasing prices of basic commodities, the reason why mostly low waged workers are put into even more worst situation and can’t even imagine how they put food table on the table considering everything is already high priced. Maybe this is now the best time to go out from our comfort zone and explore other jobs outside our main job. At least, we will have more sources of income that will enable us to still live a good life.