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Topic: How is the cost of living in your country? - page 9. (Read 2018 times)

hero member
Activity: 2282
Merit: 589
If you expect the government to subsidize the basic necessities, you will get nothing.
You must understand that the price increases of fuel, electricity, and some foods are caused by the revocation of subsidies.
So, it makes no sense to hope the government to subsidize the basic necessities. They surely won't think about it, they even want to revoke the subsidy on other sectors.  Cry
I am very concerned that at least the government maintains the subsidies it has facilitated for the people for years, but removes the subsidies when the people's economy screams. The government's move was very bad because the people did not get facilities from the tax fees they had to pay every year. I expect the government from the new leadership to care about the people more than everything and the prospective leaders from among intelligent people who always have the option to prioritize the welfare of the people.
legendary
Activity: 2226
Merit: 1086
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The effect of rising fuel, electricity and food prices is the main trigger that influences the increase in prices of all other goods, the government should find a solution to subsidize the needs of basic goods and fuel prices to reduce the price of goods, but the government's efforts have not been optimal so far and people are increasingly suffering from the effect of the current price increase, they have lost their jobs from mass layoffs, their cost of income is lower than the salary of their previous job.
If you expect the government to subsidize the basic necessities, you will get nothing.
You must understand that the price increases of fuel, electricity, and some foods are caused by the revocation of subsidies.
So, it makes no sense to hope the government to subsidize the basic necessities. They surely won't think about it, they even want to revoke the subsidy on other sectors.  Cry

Yep, people have serious problems with their financial strength. Many people are jobless because of the reduction of company employees, some people get decreasing a lot in their monthly income because of payroll deductions. While the job vacancies are becoming scarcer. These big problems to solve by ourselves.

hero member
Activity: 3052
Merit: 606
You arent the only ones who are experiencing these huge spike on prices from good to necessities that we  do need on day to day living or simply talks about inflation which it could fucked up someone in long run.

This is why it would really be that sensible that you would really be looking for some side income if you do find out that you are really that in short just to make yourself survive on day to day living.

You arent the only ones had noticed it out but all of us who do live from middle-low class standard.If you are those ones who are living on the top chain then you wont really be bothering
yourself since you could really be able to afford everything.
I have to agree that everyone today is really experiencing increased prices when it comes to our basic commodities down to it’s not so important ones. This is a solid proof that inflation will never do good anything in the long run. So if you think OP you are starting to struggle, then increase your income and find some jobs that you are also capable of doing it productively, and one that will also give you good compensation. The more resources you have, the higher chances you’ll never be financially troubled.
hero member
Activity: 2282
Merit: 589
Yes, it's true, the increase in fuel and food prices will be worse than before because the world is facing an endemic phase and the Russian-Ukrainian War which makes the food sector experience greater demand than the amount that can be produced.
This is where the government must make the right policies so that food prices return to normal, it's a pity that food traders and entrepreneurs are threatened with bankruptcy. People with low incomes also have an impact.
The effect of rising fuel, electricity and food prices is the main trigger that influences the increase in prices of all other goods, the government should find a solution to subsidize the needs of basic goods and fuel prices to reduce the price of goods, but the government's efforts have not been optimal so far and people are increasingly suffering from the effect of the current price increase, they have lost their jobs from mass layoffs, their cost of income is lower than the salary of their previous job.
sr. member
Activity: 1204
Merit: 270
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The economic condition of many countries in the world is bad, the government has generally increased the cost of everything for the betterment of the country. The biggest obstacle is inflation is known to understand how much money a person has to spend more than before for a particular service or product, and it affects his lifestyle. If income does not change, then people are forced to buy less than they need their savings fall and other sectors have to cut back on spending.
sr. member
Activity: 420
Merit: 272
Wow, the world is in a lot of trouble right now. Just think of how much it will cost to feed a family if you spend $50 on your dog. The issue is that most of the policies the government is implementing are not for the less fortunate, and the cost of fuel has increased to the point where it is affecting the prices of other commodities because many people find it difficult to transport food.
Yes, it's true, the increase in fuel and food prices will be worse than before because the world is facing an endemic phase and the Russian-Ukrainian War which makes the food sector experience greater demand than the amount that can be produced.
This is where the government must make the right policies so that food prices return to normal, it's a pity that food traders and entrepreneurs are threatened with bankruptcy. People with low incomes also have an impact.
sr. member
Activity: 2590
Merit: 322
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The cost of living has drastically increased in my country partly due to the current global inflation due to my country partially reliance on import of some goods especially spare parts and raw materials for some industries, while shortage and scarcity of fuel particularly petrol and diesel had also affected a lot in terms of cost of productionin many companies consequently lead to increase in prices of goods and services, a lot of people had to apply scale of preference in buying their stuffs because a lot of workers earned a living wage which is absolutely indequate to cater for all the living expenses.
full member
Activity: 1428
Merit: 120
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The average cost of living depends on the city or suburbs of each country.  According to the general situation of gasoline prices, followed by an increase in food prices, my family's cost of living also increased nearly 2 times compared to 2020. Not to mention the cost of children's education.  It's too bad that this year's economy is expected to continue to go down, it will make everyone's life much more difficult.
legendary
Activity: 2338
Merit: 1775
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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.

In my country, 10 chicken eggs cost about 1-1.5 US dollars.  Rent an apartment - studio in the city center - 720 US dollars per month.  

People buy products at a discount or switch to lower quality products.  Sometimes manufacturers mask the rise in price of their products.  For this, products are packaged in bottles and cans of smaller volume....  

For example, the price of sour cream does not change over time.  However, earlier, 1 dollar could buy 500 grams of sour cream, then 400 grams, and now only 330 grams.
One thing businessmen do in my country to raise their profits and keep the prices stable for customers is to change the ingredients of the products a little bit. Let's pick milk cream. It has been always made of milk, but now you hardly find pure milk cream on the supermarket for sale, because they created a new category of milk cream made of the serum of the milk. It's basically using the milk for something else, and what remains and should be discarded, they use to create another product, but with very inferior quality, flavour and nutrients.

In my country, food products can be produced according to GOSTs or TUs.  

State standards are a production technology developed in the USSR.  At that time, food products were made from natural raw materials (there were no artificial ones yet).  State standards for food production guarantee the natural composition, good taste and excellent nutritional value of butter, cottage cheese, fish caviar and other products.

If a food product is manufactured according to specifications(TU), then its composition can be any.  In particular, the product may contain a very high amount of palm oil.
hero member
Activity: 840
Merit: 570

Here in my country I will say things are not that cost as others members have been saying but still it is cost due to our salaries and wages that my country people are receiving is very low, so due this I will say things are also expensive here. I believe when you have better government and people are receiving better salaries or wages I don't think things be that expensive in our eyes to do we have enough for it. As for me now, I am just collecting 120 dollars per month at where I work in my country and I do spend roughly over 40 dollars on only transportation and I do buy 1kg of milk at 12 dollars, 2kg of chicken at 10 dollars infact the only things do always get cheap in country do my level of salary is only my culture food stuffs. Things are always expensive to us because we are not receiving better income.
full member
Activity: 140
Merit: 106
January 25, 2023, 08:52:13 AM
#99
Short rant: it drives me bonkers that the US (where I live) never adopted the metric system--and the fact that there are so many units of measure for things like weight, volume, etc.  Ugh. 

I had to look up the conversion from AUD to USD to get a sense of how much that gas price is, with a secondary conversion from liters to gallons, and if my retarded arithmetic is right you're paying roughly $5.64 USD per gallon of gas/petrol.  If that's correct, that's way more expensive than in any state in the US.  In my area, gas is selling in the general $3/gallon range and I think that's higher than most other states.

OP, you're not alone in noticing inflation first hand.  I've posted about prices of things like cat food and other items I regularly buy going up slowly but steadily.  A pack of Starbucks instant coffee (Via, 12 individual packets) was around $5 back in 2015.  Well, I started noticing last year that they were getting way more expensive and began to take pictures at the store.  Here are two, the first from 6/2022 and the second from 8/2022:




And you might not be able to see it, but those are now sold in quantities of 8 packets, not 12!

TL;DR: I feel your pain, OP.  I really, really do.

I went to my mothers house for dinner yesterday and her normal cut of beef which she usually purchases has doubled too. It's incredible how expensive things are becoming. It is unsustainable because the wage growth has been growing at a much slower pace.

The aged pension in Australia has also remained stagnant for a few years so a lot of elderly are suffering which breaks my heart.

I feel guilty complaining sometimes because I know there are people who have it much worse but the days of Australia being referred to as the "lucky country" are over.s
sr. member
Activity: 1526
Merit: 255
January 25, 2023, 08:40:18 AM
#98
I live in south Asia and currently I am around 24 years old, I am single and work in a textile factory with current monthly salary around $450, in total my living cost is around $350, as per country report the standard cost of living in country is around $250 if in village and $350 in the city.
legendary
Activity: 3500
Merit: 6981
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January 25, 2023, 07:40:02 AM
#97
Petrol is over $2.10 a litre and my water and electricity bills have also increased by about 15%.
Short rant: it drives me bonkers that the US (where I live) never adopted the metric system--and the fact that there are so many units of measure for things like weight, volume, etc.  Ugh. 

I had to look up the conversion from AUD to USD to get a sense of how much that gas price is, with a secondary conversion from liters to gallons, and if my retarded arithmetic is right you're paying roughly $5.64 USD per gallon of gas/petrol.  If that's correct, that's way more expensive than in any state in the US.  In my area, gas is selling in the general $3/gallon range and I think that's higher than most other states.

OP, you're not alone in noticing inflation first hand.  I've posted about prices of things like cat food and other items I regularly buy going up slowly but steadily.  A pack of Starbucks instant coffee (Via, 12 individual packets) was around $5 back in 2015.  Well, I started noticing last year that they were getting way more expensive and began to take pictures at the store.  Here are two, the first from 6/2022 and the second from 8/2022:




And you might not be able to see it, but those are now sold in quantities of 8 packets, not 12!

TL;DR: I feel your pain, OP.  I really, really do.
sr. member
Activity: 924
Merit: 391
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January 25, 2023, 06:37:33 AM
#96
Wow, the world is in a lot of trouble right now. Just think of how much it will cost to feed a family if you spend $50 on your dog. The issue is that most of the policies the government is implementing are not for the less fortunate, and the cost of fuel has increased to the point where it is affecting the prices of other commodities because many people find it difficult to transport food.
full member
Activity: 588
Merit: 223
January 25, 2023, 03:53:45 AM
#95
I think that almost all of the country's goods are expensive because of the inflation that we are experiencing in every country that we are in. Here in my country of birth, almost everything has increased in price.

 from sugar, chicken, can food, vegetable, onion, egg, and more are so expensive so far also gasoline as well. But that's how life is. But if I also compare the economy of our country, it can be said that it is in a good state compared to other countries in my opinion.
Inflation is the root of a country's problems, it's one of the government's challenges in managing a country. Rising and falling prices are a natural thing, of course there are natural factors, technical and non-technical factors that we cannot predict when they will come and go. It's just how we are able to adapt to situations and conditions until everything returns to a reasonable and normal point accompanied by the government's ability to manage a country.
sr. member
Activity: 2268
Merit: 275
January 25, 2023, 03:02:28 AM
#94
Because many of us prioritize prestige over function.
Actually, in this case, it's not really wrong to make ourselves satisfied by buying some quite expensive products as a form of reward for what we get, but not everything has to be like that. because sometimes we also have to think about something else like saving or investing. Even though we really have to enjoy life, when we spend too much, this actually makes us torture ourselves regardless of anything.
Yes, it's true, sometimes we need to satisfy ourselves with whatever we do. I thought, why don't we try to channel it into something more useful. I mean like this, at first we satisfied ourselves by buying luxury goods and so on, now from now on we do it (satisfy ourselves) with a form of investment. On the one hand we feel satisfied with what we do, on the other hand we are not left behind to better guarantee our future.
It's not as easy as saying it, but if you get used to it, it will slowly become a habit if you don't do it, it's like having a debt to pay.
sr. member
Activity: 1498
Merit: 271
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January 25, 2023, 02:09:24 AM
#93
What I feel today may feel normal even though there are a number of goods that have increased in price but it is still fairly reasonable, because the increase that feels is in the middle of 2022 where all basic needs have increased, especially cooking oil and fossil fuels, which triggers an increase in basic prices accompanied by with extreme weather so that the farmers failed to harvest and the stock distribution of goods provided by the government was very thin so that basic needs became scarce.
But for 2023 this is still relatively stable and seen from an economic point of view my country is still experiencing growth even though there are several commodities that have not yet reached their initial prices but they are not basic needs.

 I think that almost all of the country's goods are expensive because of the inflation that we are experiencing in every country that we are in. Here in my country of birth, almost everything has increased in price.

 from sugar, chicken, can food, vegetable, onion, egg, and more are so expensive so far also gasoline as well. But that's how life is. But if I also compare the economy of our country, it can be said that it is in a good state compared to other countries in my opinion.
copper member
Activity: 208
Merit: 256
January 25, 2023, 12:46:10 AM
#92
I've been wondering for a while how it would be to have an economy without debt. Here, everyone including governments has debts. Without debt, I can imagine many prices would be less inflated, simply because people can pay less.
Of course, Venezuela has its own problems and isn't the best example to compare to, but still, I wonder how value would be without debt. Not owing anyone anything sounds like a dream.
Quite an advantage but not that big.

Sure there will be more open opportunities to have(i.e. building better infrastructure, more privileges from it's people) but that opportunities won't happen if the leader won't be able to manage them properly.
legendary
Activity: 1162
Merit: 2025
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January 24, 2023, 07:43:04 PM
#91
Petrol is over $2.10 a litre and my water and electricity bills have also increased by about 15%.
You have no idea how lucky you are Wink

Here electricity prices went up about 2000%, although it dropped like three quarters again. It's still very high.
Not owing anyone anything sounds like a dream.

It would be in a normal country, but my lovely country is not very normal.
Here I have never met anyone who is in debt with an institution, perhaps, only some friend who owed like 30$ to a professor for some reason. There is only debt between people and pawn shops (which always ask for collateral, of course).

To be honest, not long ago I thought the situation with personal debt in developed countries was not so dramatic...
hero member
Activity: 2044
Merit: 784
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January 24, 2023, 12:08:31 PM
#90
One thing businessmen do in my country to raise their profits and keep the prices stable for customers is to change the ingredients of the products a little bit. Let's pick milk cream. It has been always made of milk, but now you hardly find pure milk cream on the supermarket for sale, because they created a new category of milk cream made of the serum of the milk. It's basically using the milk for something else, and what remains and should be discarded, they use to create another product, but with very inferior quality, flavour and nutrients.
This is happening all around. In particular third world countries face more such scams in the grocery market. More mixups were done with the food to increase the quantity. The quality control just works as a unit, but never identifies these kind of mixups. Better the standard maintained by the quality control team, will reflect in the value of the product.
I think regulators shouldn't allow such products to be manufactured and negotiated. That is lack of respect and consideration with customers who have been acquiring the real product for their whole lives, but now have to make use of a parallel, mixed one. If things continue going this route, I believe in some years we won't be able to enjoy the same flavour of the food people did in the past. Everything is getting too artificial and dilute in order to maximize profits for businessmen.
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