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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.

In my country, maybe it is a country that has a fairly cheap price of staples or daily necessities. because the price of chicken meat here is only 2.5 dollars per Kg. and the price of rice is only 0.7 dollars per Kg. and for vehicle fuel only 0.89 dollars per liter. actually the current price is the price that has increased quite a lot. because last year the prices were even cheaper than this. But still, this is not a matter of whether the price is considered cheap or not. But what should be the benchmark is the purchasing power of the people themselves. Even though prices in a country have experienced a large increase, if it turns out that people's purchasing power remains strong or has not decreased, then it can be said that the country's economy is still on the right track. But in my country now I see that people's purchasing power has decreased. although inflation is not very high. But the effect is that many industries continue to lay off employees or continue to reduce employees. so this year there may be more people who experience job loss.

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.

This place is rough. Essentials like food and utilities have risen in price the most. Many people, especially those in lower socioeconomic brackets (farmers, industrial employees), are finding it difficult to make ends meet. The price of products and services is only part of the problem; many people have lost their jobs or had their hours reduced, so they have less disposable income overall. Do you recall when World Big Company laid off workers and reduced contracts? The worst is being done to our country. Thousands of workers have been banned from the factory. Many, according to the publication, have even tried the water hyacinths growing in the river.  There are a ton of folks who can get plane tickets home for New Year's Eve. They can't leave the city because that's where their jobs are.

Not even the government is making an effort to help. They aren't giving out enough money or making enough new employment. The number of terminated workers is not even kept in records. It's as though they have no interest in helping regular people.

We count our blessings that we can still feed our families and have the love and support of our friends. It's frustrating to watch so many people in need, but feel helpless to aid them. I've resolved to get involved in community service this year. Many people have it far worse than I do. I'm going to have to extend a hand.

Cost of leaving in my country depends on location and lifestyle. Food items are relatively cheap in rural areas because most farms are located there. Also the cost of housing and other basic needs are relatively cheap in rural areas. The urban area of my country is very expensive due to overpopulation and inadequate basic amenities. But the rural area lacks employment opportunities that might be available in urban areas.

Currently our currency have lost so much value and there is a massive rise in the price of goods. Now people have to seek for alternative source of income because a single job might not be able to pay ones bills. The price of fuel have skyrocketed which has led to an increase in the price of other commodities. Mot businesses have closed down leading to high rate of unemployment which has also increased crime. Most families now eat twice or once a day just because our currency have lost so much purchasing power thereby making salaries and wages worthless. But I think with $700 per month, a family of 5 can be able to survive.

I do really hope that you meant Australia Dollar, right? In case it's so, please be more specific about currency because $ mark alone may mislead people.

Well, 50 Australia Dollar is 32 Euro. Don't know the price of drumsticks but 1kg chicken breast in Germany costs 10 Euro, drumsticks are usually cheaper, am I right? A loaf of good bread would cost 2.5 Euro probably but it still depends on the bread, usually all of them are very good and it's very cheap here, hard to write down exact price but it would be between 1 euro and 3. Good quality milk costs 1.5-2 Euro and yeah, it's not as cheap as it used to be 3-4 years ago but that's all.
And the price of fresh fruit is very hard to say from my side, it's really complicated here, depends on the location, season, market brand, etc.

Bruh, talk about First World problems here!
You do realize that there are people in some countries who can't afford meat at all and you're talking about how the price of chicken drumsticks you feed your dog has risen? And I'm telling you this as a guy from Europe who doesn't have that food problems, but I can still imagine how some that make $300-400 a month are feeling when reading this!
People can't afford onions (https://bitcointalk.org/index.php?topic=5432614.0) and your dog is picky!


Yeah but for the purchasing power there is more thing, let's compare the average wage in Australia and Indonesia and see how many kilos of chicken meat or gallons of gas each can afford! Even at 7$ (usd/ not aus) per (https://www.woolworths.com.au/shop/productdetails/710953/woolworths-rspca-approved-chicken-breast-fillet)  per kilo for meat, do you think the average wage is just 1/3 to compensate? It's closer to 10!

You have no idea how lucky you are ;)

Here electricity prices went up about 2000%, although it dropped like three quarters again. It's still very high.

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).

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.

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.

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

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.
I just don't wanna imagine!

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.

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.

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.

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.

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.

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.

Wow! Are those goods made of gold? :o

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?

Gasoline is about 1$ a liter here right now. I don't know how much electricity and water bills have increased, though.

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Maybe you could try looking for cheaper supermarkets where you could buy the same goods for a cheaper price?

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Have advantage and disadvantage when comparison about cost of living, I don't think about your country has highest cost of living because seems there have highest cost for working and difference with my country. I know my country have cheapest about our daily day needed and spent under $2 have enough for break fast, launch and dinner.

You will surprise when I talk you about how much salary received by my country worker each mount still under $300, there are not any add on bonuses receive and high cost about transportation. For petrol price still under $1 but another thing with taxes have to pay more than 11% and each time eating on MCD we have to pay fees above 11%.

I have never and don't really know the economic conditions in Australia but reading from your complaint, it seems the cost of living there is quite high, I also feel sorry for retirees if they have to spend that much to live in their old age, does the Australian government there is no special program for retirees?


I live in Indonesia and the cost of living here is quite affordable in my opinion, a few hours ago I shopped at the supermarket for my weekly needs and I only spent a total of $30 for it (rice - milk - eggs - cooking oil - sugar - coffee). btw, my parents are retired teachers (they earn around $120 a month) and they live quite well because the monthly they get is enough to cover both of their living expenses.

I also come from a poor country and what you are saying is also what is happening in my country, it only cost me 1 dollar for breakfast and 1 cup of coffee. While the income of workers in our country has not exceeded 250$/person, compared to OP's expenditure, the difference is clear. But we are not affected too much by inflation because we live in a remote rural area, we can raise our own livestock and grow crops.

I am really surprised to see people not experiencing inflation since so many years. It's a concept taught in almost all the schools it's not just in theory and in countries like Australia it has always been there. I understand that this time it was slightly more vigorous and steep. But still why are people waking up for the first time to see inflation we saw the same during 2008 crash as well so it's not new definitely and smart people always plan for it that's why they say to invest in asset giving returns more than inflation.

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.

Globally, the cost of living is ever increasing. I already have a plan to reduce my cost of living in the next 5 years. I will build a house and move from a rented apartment to my own home.
I will also install solar panel to provide me electricity I plan on having a large garden too to grow some vegetables. In doing so, I believe my monthly costs of living will have reduced.

$5 per today's rate for the medium lifestyle.
I live in an agrarian environment with a higher number of casual daily laborers than farmers. They have an average income of only $3 or less and they can make ends meet in several alternative ways by living in crowds. Giving each other several portions of lunch between neighbors is a common thing in my environment.

Exactly... and I don't think it will stop increasing in the near future.


As a house owner, with a large garden and chickens (my daughter insisted to buy chickens, and some other animals as well, but that is postponed) I can only say "good luck in trying to reduce the cost of living"! :)

House and a big yard mean a lot of work and a lot of investments. My house is finished, but the yard is not... so much more needs to be done and for sure some things I will do by myself (in which case I need tools (I bought many, but still far from what I really need) or I will higher workers (for some works definitely, along with some heavy machinery), in either way I need materials that costs more than double compared with the prices from 5-6 years ago when I moved in this house and started investing in it.

And growing/keeping animals costs as well, and you just and one more thing on your "to-do" list! But at least you know what you are eating, unlike what we buy today in all those markets, who knows what they are mixing!

Menhh talking of cost of living I can attest to you over here that is very expensive, most at times we find it difficult to cope with which I believe this is not only in my country but as a general issues all over the globe.
To feed my family and my entire household this including ( I, my wife and baby, my mother, and 6 siblings) cost me about $250 per month while before it was around $90 to $100 but currently the price surges to what I can't explain.

1. A bag of rice 50kg is around $60 to $70 or more this was a result unstable in price.
2. 4 litrs of cooking old (Groundnuts old) around $8
3. A bag of Beans 25kg around $40 or more
4. A basket of irish pepper is $10
5. Tomatoes paste a carton is $7
6. A 12kg of cooking gas $15
7. Palm oil (Red oil) 4 litres $7.5
8. Spices around $2 to $6.
9. Petrol (Fuel or gas) a litre $0.7
10. 1kg of Frozen chicken $3.5
11. 1kg of fresh fish is $2

Although all this I do buy them in bulk to limit random expenses., Most of this could serve for about a month plus or so. I make sure I don't spend above $180 to $250 maximum.

There is the same situation for every country because the cost of living in any country depends on the lifestyle and the location of the living, for example in my country you can just eat food from home and try to use the cheap stuff and don't buy the unnecessary things also if you live on a cheap area where you won't pay lots of money for rent and you can also find cheaper products in the location the cost of living will be lower than 15 dollars but if you try to have a luxury life the living cost will raise high unlimitedly.

I am 23, and I live in somewhere in Asia. It's a Third World country. I live alone on my own. So the cost on daily usage is low compared to living with someone. But the recent inflation has made it very difficult. I used to easily cover my monthly spent, around $200. But now it's a lot different story. Takes almost $350 a month now. Maybe how I spent my money now, but the price of goods have increased too here. And we see news now and then that my country may get bankrupted soon. Don't know what the future holds for us. Let's see what happens.

You have really spoke my mind because even if we complain about this high cost of things, we still see things get worse, worse and more worse so the best thing to do is to just do what humans are best known for,  which is the ability to adapt to all changes. The price of things in my country are gotten so worst that the average man now needs to tripple his hustle in other for one to survive. Well the opportunity to vote out this bad leaders in the country is the only hope we have for things to  go a positive way as the major problem in the country is seemingly due to the leaders and the heavy toll of corruption they have inplaced in the country.

Same here in my country and I think we all are in the same situation except those who are really rich.  Prices of everything are affected by inflation, Sometimes, I'm just buying mini burgers for my meal and although it helps me back in shape, it feels very unsatisfactory. 

A country with hungry people will really be unstable when they all decide to burn the government down. It rarely happens where there is no political party behind it but our hunger and if this happens it's really chaotic. I've seen looting every where.

Well, in this case when we are in different countries, the level of needs and economic conditions will also be different. but there is one thing in common for countries these days that is rising prices.
Regardless of anything, it seems that almost everyone in every country has experienced an increase, which is indeed a little difficult to readjust because there are several factors that also make prices soar now.

Seriously I was thinking prices of things are increasing only in my country, but from people's response to the thread, I think it's a general problem. whenever you visit a store today in my country, let's assume what you will purchase at the rate of $2, if you visit the same store the following day and you want to purchase the same thing, you might get it at $2.2. Prices of things are increasing on a daily basis and I don't know if their is anyway that can stop or reduce that. If you are having money and you want to purchase anything, just buy it immediately, the more you keep on procrastinating, the more the price keeps on increasing.

Even with our local store here in our place does have that kind of behavior where goods and other things that you do buy inside a store does really have that price that do keeps on changing on which it do really have that increase in cents in price but it is really something that would really make yourself say "nah" if ever it would increase out.You would really tell into yourself that living is getting more expensive as years or days passing by and this is why you would really be thinking up that you should have other sources of income so that you would be able to cope up yourself in todays situations where every goods and necessities are becoming
that expensive.

This simply implies my country as well. Of course it's cheaper to buy things like rice or chicken or whatever, because it's a 3rd world nation so the guy who farms rice or raises chickens do not need as much as an American would need. However, you calculate how rich your nation is based on how many hours would you need to work in order to buy something that is globally same price. Like for example a macbook, or a playstation 5, or some known TV with huge screen etc etc. These are global prices, car would work in this as well but it's harder because it's more expensive.

In my nation it's near impossible to get playstation 5 for example because it's 2.5 months worth of minimum wage, it's like 5 days for Americans, that's the difference.

All goods in my country are also increasing and the relative price increase is happening every week, if we have money then it is better to buy equipment or necessities for the next 2 months, very ironic all the prices of goods have increased but the economy is still difficult and the average salary still below the minimum and we have to work side by side to meet monthly needs.

The cost of living in my country is somehow manageable but the wage is brutal.

In the Philippines, the typical wage for a standard blue-collared job is around $10-$13 per day. With the war ongoing which increased the general prices of goods, our wage is definitely insufficient to meet the daily needs of these people. Not to mention, with our lack of access for efficient transportation, people are suffering since they are waiting around 3-4 hours in line just to get home.

Unfortunately, majority of the people in my country have started migrating to the US or other first-world countries in hopes of alleviating their financial position.

Each region must have different income and expenses, let alone different countries. Maybe it's true that you only spend 50$ just a week, unlike in Australia you can spend 50$ a day. But don't get me wrong either. Even though the cost of living in Australia is expensive, the salary for workers in Australia is also quite expensive. Actually the cost of living is not expensive, what is expensive is the lifestyle because lifestyle has no limits.

This year the world is facing a difficult situation. Many countries will face an increasingly difficult situation due to the economic, food and energy crises. I think it's not only in Australia that the price of basic commodities has gone up, in my area it has also gone up. We hope that this crisis will pass quickly so that the world economic situation returns to normal.

The price of things are getting high as the day goals on, it is now becoming a tradition in most places in Africa. The worst thing about how price of things is going high is that it will never come down to its former price, many people are having in mind that things will get better an the price will come back to its previous state. The best thing to do now the world is having financial crisis is to create more source of income to be ready to face inflation that is coming after now.

Nowadays, high cost living is much more prevalent than it was a few years ago. I remember the days when we could buy a lot of groceries, snacks, and some of our personal hygiene products for a budget of $20, but those days are long gone, and you need more money to buy those things. I'm considering moving back to our province because life there is uncomplicated, inexpensive, and conducive to starting a business.

I agree with your opinion, even when the price of goods soars, it will not return to normal, the traders will still maintain the highest value even though the oil material has fallen.  In my country the benchmark for a spike in the price of basic necessities is from How is the scarcity of oil to fuel vehicles, as you mentioned there are several influencing factors but the most influential is when there is scarcity of oil.

I agree that what is happening is partly due to mismanagement by some governments, but we also shouldn't blame the government entirely when we are in trouble, and complaining doesn't help our economy better. While we are having a hard time, there are still many people who are quite comfortable in the inflationary economy, and as far as I know, they are also ordinary people like us. But they are better prepared and calculated for this crisis, so they are less affected by them. That shows that part of the fault is due to our own weakness in financial management as well as not trying our best and then when difficulties arise blaming others. I stopped whining, and instead I worked more, from 2022 I have a better income, and I almost don't mind the price when my income is better.

I definitely agree with you.

The golden era is really legit. Ever since, the salary here in the Philippines doesn't really do it's justice, especially to those jobs that doesn't require a college degree, like construction workers. They are doing heavy work and yet they are always underpaid. Cost of living here in the Philippines ain't cheap anymore, in my opinion. Everything went up, but the salary stays the same which makes for every filipinos to suffer on budgeting their money just to eat 3 times a day.

In these days, you to at least make $600-$1000per month especially if you have your own family to feed.

I can remember back in the day... We went to the shop with $5 ...and we bought 2 x 2Lt Cokes and 6 bars of chocolates and 5 packets of chips and 2 x 2Lt of Milk and 4 loafs of bread and some peanut butter and a jar of jam..... it is simply impossible today..... there are just too many places with CCTV.  ;D ;D ;D ;D

On a serious note..... Yea, inflation has increased a lot in my country... and the middle class are moving towards the "Poor" class now... with Petrol and electricity going up like crazy. The food prices has skyrocketed ..... with basic food prices increasing with between 25% to 40%.  ::)

in my country, with $ 10, you can buy 3 kilos of chicken, 1 liter of cooking oil, there are still about $ 2 dollars left, the price of gasoline per liter is around $ 1 dollar.
in my country at that price it is still affordable.

i think you are serious about it and i almost dm you what country do you live in, while deciding to settle in your country. LOL

The increase in the price of gasoline and electricity is the most influential factor for the potential increase of all other goods, the government should be careful to increase the price of oil and electricity to prevent inflation.

I think was it Sri Lanka with the collapse of their economy (currency) the government started to do the only sensible solution possible which is to release staff for one day a week to start  a growing garden of food for themselves and their family.   Paying them for the full week but giving part of their wages in time available for that purpose, seemed kinda smart.   The ultimate resourcefulness of anything resembling a capitalist economy would start from the bottom up, the true strength of a country is always the people.

not much different from your country, maybe my country is more expensive, what else are staples, you need to rack your brains to make ends meet, but what you need to know right now is that everything is experiencing price spikes not only in our country, so we use our finances to live, not  for lifestyle

I totally agree with your point, "fulfilling the needs of life, not a lifestyle". Because from what I experienced before, it is precisely the lifestyle that makes our monthly expenses continue to increase. I started to leave the habit of living like that, and I feel it is useful for the future. We can save the money that was previously used for lifestyle, and it feels very useful for my life. We can't do that continuously, because we have to think about tomorrow and the future.

In our country, I can say that it is expensive as we are living in a third-world country and the minimum wage is too low but if you will see how much the price is here you will say cheap as you are in a rich country and earning big comparing it to our wages. Petrol here is $1.10 per litre which is very high and we are hoping for a big rollback to make it a dollar or less. The chicken here is more or less $4 per kilo which is also higher than before. It increases all the prices here and still, our wages are still low we are having a hard time coping with these things.

It seems like the increment in the price of petrol is a general global because the price of petrol has also increased in my country, and it has affected the cost of living which was already high. Since we do not yet have constant 24 hours electricity supply in my country we also depend on petrol powered generators for electricity so it means that as we purchase petrol for our vehicles, we also need extra petrol for electricity generators. That gives you an idea of how high the cost of living is.

Rising prices for products (simply, depreciation of money, that is, a decrease in their purchasing power) is an indispensable "companion" in the economic history of mankind. It has always been and will always be so, because the entire world financial system is arranged in this way. Nothing to be surprised. Only Bitcoin has a deflationary pattern and therefore will never lose its value (current jumps are not taken into account and I'm talking about the period when btc becomes stable). It seems to me that your case is far from the worst, because Australia is an economically strong country with a high standard of living. My region of residence cannot compare with this and I see a change in the cost of living in the direction of deterioration almost every month. And here it is even more significant than yours.

The cost of living is on rise in every country, due to skyrocketing inflation worldwide, in particular in most of Asian countries. This primarily caused due to their dependence on imported petroleum products to meet with their energy requirements. As a result, their imported bill has risen significantly due to rise in crude oil price after the Ukraine war, which weakened their local currencies against the US dollar, making it harder for an average person to afford basic necessities of his family.

The prices are quite expensive in the country you are in, here in our country the cost of gasoline is between 1.1$ to 1.15$ per liter. Then the 2kg drumstick is only playing here with us for around 7$-8$ but it is for human dishes not for animals.

  The only thing that is a bit expensive here for us is the onion because it costs around 8$-10$ per kilo.
But as a matter of fact, almost everyone is concerned about the price of the product, that's why it's not as expensive as in your country.

The cost of living is very high. There is no price control or price ceiling for everyday commodities and as such the prices are 2X almost every week while everyone watch helpless.The cost of living in relation to the growth of the economy is rising in geometric progression.I can't stress how tough it is here. You need to work twice as hard to make at least $10. This wasn't the case 2 years ago. Most of my friends are starting to relocate with their families to the suburbs where things still make sense and is affordable.

Can you take your time and compare the rate of living in our country to what is posted in the OP.
Before now we used to buy petrol at $0.22 but now there is hike we buy at $0.44 which is still cheaper than $2.1 that they buy. Everything is just relative, the inflation we see is relative and people pay huge task in their countries but in our countries we can escape task because of the weak system of tax enforcement.
No country is heaven

Although I live in Nigeria but Australia is one of my dream country.


Inflation is observed in almost all part of the world recently so you shouldn't be surprised about the increase in price in your country too.
I really feel bad for the elderly pensioners in this country. They are definitely struggling.


Cost of living has also increased in multiple folds here in Nigeria too. Almost everybody is complaining about this.

We're in PH, all goods in here are now expensive, sometimes I don't know how to much salary do I need in order for me to get a good budget for the rest of the week. It is very hard to live in this inflation with only one job, that it is not paying you well, but I'm still thankful for the work of course but it is not sustainable, oil in here rise up into 2x and many businesses are started to fall again

Meanwhile, in my country, with a population of around 27 million people as of June 2022, you could say it's enough with an average salary of US$300. With the price of staple goods that are not too expensive, for example, the price of eggs is US$ 0.78, chicken is US$ 2.27 and beef is around US$ 7.33. So I can conclude with the income that I mentioned above, there is still some left over for saving and can be used for an emergency fund.

basically the increase in oil prices affects price increases for all sectors, as is the case in my country, even though the increase in oil prices is around 30%, inflation is very pronounced, moreover the wages earned have not increased. from bank indonesia data that i read starting in 2022 is the highest increase in inflation, at the end of 2022 it has reached 5.51%. especially in 2023 it looks like it will be more difficult. I am married and have one child and the salary is not far from the "work minimum wage" in my country, so I have to regulate it very strictly. on the other hand I have to find additional income to find a fortune outside the salary. lucky to know cryptocurrencies, at least it can provide hope for investing and trading. because I have to pay attention to my child's future about the cost of their education in the future, namely by investing. while trading up to now can at least cover the needs of my daily life

It seems that your government is not doing anything to help combat those issues eh? Price rises for 2x every week, seriously? I think this is too much than compare to the rise of the inflation that is seen globally. Your country has set your own rates in terms of inflation. It's crazy that the cost of living there is high but the salary that you are getting is also low.

I think that wasn't normal anymore but to other countries which living cost is also high, their salary is also high so it doesn't really feel bad especially if one knows how to budget his salary properly. If the situation doesn't change too soon then you better follow the path your friends did.

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.

Inflation certainly has taken off in the last year in my country too, you can see lots of food has risen 30-100% in the supermarkets. Those with a higher than average income are the lucky ones most easily able to weather the current storm, but it would be really tough for the lowest earners to try to keep up with these rises. It definitely is not reflected correctly in the official figures though, as many of the core items are rising the most. There are also far less decent offers around and even the most basic staples like fruit/veg/milk has been affected. I guess it just shows how the global supply chain works when times are peaceful, energy prices stay down and food production is steady.

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.

The cost of living in my country is very high and those who depend on salaries are yet to recover from the high cost of living. Buying for and paying for bills is not easy at all that is why many persons had been doing petty jobs to make sure that they never depend on salary to feed themselves. People now have there own business which they do to make sure that they keep surviving.

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.

Well let's do it

Loaf of Fresh White Bread 1kg $6
Tomato $4
Potato $3.5
Onion $3.3
Lettuce $2.8
Regular Milk 1 liter $4
Regular Eggs 12   $4.5
Cheese 1kg $26
Water 1.5 liter bottle $3
Beer $7

The cost close to $50 as well as yours op. And the Shell FuelSave 95 petrol around $2.75 also the bills increased pretty high here up to 30% crazy.

Hope this help to compare to everyone .

Im not really that love to tolerate that kind of mindset which you would really be that saying that we do only live once or live your life to the fullest on which you do really be ending up on spending like there's no tomorrow or something that pertains about spending on things which are not really that necessary.Well, its your money but you should really be mindful on what are the priorities so that when the time comes on which
you would'nt really be having a hard time on dealing up with thing specially if it do talks about finances.If you do make out some good plans and proper budgeting then you wont
really be making yourself put up on a difficult situation.

Life in my country hasn't changed much, as the spending is always limited and there is nothing spend on luxury and other things to show your status. Most of the time people suffer financially when there is much of unwanted expenses. Being in a third world country the cost of living isn't big. In the big cities the living cost have increased whereas the income remains the same. In rural part of the country the living is much on self reliant that makes the people lead life in any situation.

Here in Venezuela gasoline is about 0,5$/liter and the electricity bill is less than 10$ a month, it just reached 10$ because the government started to charge other services together in that bill.
That is one of the reasons people used to mine Bitcoin here, before the government got aggressive against the miners.

One can buy a house here for 20k-30k$, one time payment, no mortgage, no credit, no question asked. Solid concrete, no drywall.

This a country that runs on debit. We don't have credit anymore, because the banks lost money by providing credit.
Their interest rates where like 1-8% or something, while weekly the inflation went up 100%, people used to max up their cards and slowly pay their debt with useless money by the end of the month. Cash and stable coins are king here.

hey you forgot the initial point of what I wrote.
As I mentioned, enjoying life is important, at least giving self-reward, of course, for some of the things we have achieved. At least once in a few months self-indulgence is enough to indulge ourselves by buying the things we want for ourselves.
We do all forms of business to make more money and the investment we put there for what? At least even though we always think about a bright future and always invest or save today, we also shouldn't torture ourselves by holding back our desire to have what we want.

The cost of living is high generally (globally) and I'm my country, everyone is complaining and bitterly angered as a result of the high inflation rate which is telling both on the old and the young, the working class and the retirees.
I have a friend from the united state who is a retired fellow and just two days ago, I sent her about $60 to help support her bills and I did that because it also seems that despite the high inflation and hike in price of goods and services, it seems th government doesn't even put this old retired citizens of its country into consideration and that's very bad because it seems they are really the ones suffering the most in the united state( not verified but just some information gotten from an old from in Baytown Texas.)
In my country, the cost of living from housing to electricity to cost of fuel to cost of transportation and cost of feeding are greatly very high and without any job to help or government intervention.

The cost of living over here in my country is just off the roof, everything, from food stuffs to provisions, groceries, cost of basic amenities have all increase more than 200 percent, some even more, and the sad thing is that, they seem to keep rising as the day breaks..
Transportation fee, price of petrol, cooking gas, rent, school fees for private schools have more than doubled when compared to what they used to be some two years ago or even earlier.
Our local currency have inflated and it has lost a lot of value against the dollar, buying stuffs outside the country and having it imported is no longer that feasible due to the high cost plus tax..
Indeed, I do nit know where the country is heading to, poor people are suffering even the more, i want to believe that this high cost of living is not something that is peculiar to country alone , it seems the same in the major cities of the world.

It's true that sometimes people forget to be happy and they only care about the future until they forget about themselves,
giving awards I think is important and everyone has their own way,
at least that way it can eliminate boredom and stress.

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'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.

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.

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...

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.

 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.

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.

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.

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.

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:

https://i.imgur.com/JbErW9P.jpg
https://i.imgur.com/ExEPbpO.jpg

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 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.

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

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.

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.

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.

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.

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 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.

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.

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.

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.  :'(

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.

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.

We are all affected with inflation which is something that inevitable to happen as we do able to observe on whats happening year by year if we do speak or talk about commodities or necessities price increase which

there's nothing we can do but to deal with it.Yes, for those people who do only earn that small amount would really be having the daily challenge on living which it would really be that
normal that we should find out other sources of income for us to live decent.

If not, then you would be finding yourself to starve on the side and would be struggling it out.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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 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.

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.

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.

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.

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.

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.

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. 

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.

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.

Correct. In fact, the price of gasoline in Indonesia is still less than $ 1 dollar. And the price difference between developing countries and developed countries is very clear. but the unemployment rate in developing countries is also very high. So there are still many who live in economic difficulties. but the majority of Indonesia's population, even though they don't have a job or are unemployed, are still able to survive because the sense of humanity in Indonesia is very high. we work hand in hand and help each other. And if we go to the villages, the cost of living there is much lower. even many natural resources that can be obtained for free. and even many jobs that can make money if we want to help the farmers there. because many farmers in Indonesia also lack workers. because many young people there migrate to big cities and do not continue the farming that is managed by their families.

Very situational in each country because petrol products could really be that in different because we know that application of taxes or whatsoever add ups do really vary on each governance which do really sucks if you do live on a country which taxes are really that high which would really be applied.Cost of living here on our country is cheap but it do same goes on the wages that could gain here if you do have the work which it would really just breakeven and whats worst is that the goods and other products and services becomes even more expensive but the wages still remains which means that you would
really be fucked up if you wont really be able to find alternative income.

While bitcoin is popular among Nigerians as you’re going to find a lot of crypto enthusiasts, I’m curious on how you came about Nigeria having an unstable government. Perhaps a not so great economy at the moment but certainly not an unstable government.

Ukraine and Nigeria, as well as loads of other countries has bitcoin enthusiasts cause of what bitcoin has personally done for them and not necessarily cause of fucked up economies or unstable governments

Unstable governments means the situation could've gone worse in terms of economy as well as in terms of living. Most of the countries that have got unstable governments will be under the military rule. Few of the unstable governments were Yemen, Somalia, Afghanistan, Sudan. Many African countries fall in it, and for that reason above user might've mentioned Nigeria with it.

It is true, more people have personally benefitted out of bitcoin. Particularly with war and during the inflation. This makes them prioritise bitcoin against other forms of investment.

And that seems to be what's happening. although the prices here are quite cheap. but the rate of increase in prices due to inflation is not proportional to the amount of salary received because there is no increase in wages commensurate with the current increase in prices of goods. So now having a side job to earn extra income has become a trend here. enough to survive. but we certainly also need money to save and invest. because we also have to make plans for the future. The price of gasoline in Indonesia can be cheap because of assistance from the government, namely a subsidy program for the lower middle class. maybe if there is no subsidy program from the government then the price of gasoline and gas will be much more expensive.

No offense or anything, but the fact that your German Shepard only is eating human food that is a burden expense wise..I mean you can really only blame yourself for that one.  I'm not saying dog food is cheap, and the good brands have certainly shot up with inflation, but it would certainly be more affordable than just a diet solely based in "human" food.

That being said, here in the United States we've had inflation as high as around 8-9% on average.  However thankfully inflation has started to fall of late.  Gas prices are around $3.25-3.50 per gallon (sorry I don't know what that translates to in liters), my gas and electric bills have skyrocket too but finally seem to be coming back down to earth a bit. 

FUCK YOU RUSSIA.  I know they aren't to blame for all of this, but they certainly are a big reason for it.  ( also no offense to Russians who oppose the war.  Just like how I despise the Chinese government, I don't despise all peoples there nor all Russians, I just hate your governments.  Which to be fair I hate my own government too).

Living in my country is very expensive, a small family with three to four members will spend at least $300 per month. Where a person earns a maximum salary of 200 dollars, so if at least two people in a family are not adults and do not start earning, then that family lives very hard. Here chicken is about $3.5 a kg and beef is $7 a kg. and $0.6 kg of rice. And also the price of oil and gas is very high because of which all in all I need a lot of money to live in the country.  Expenditure is more than income here

Op,you should be grateful to have enough to eat and a whopping $50 to get chicken drumsticks for your dog lol. Here in my country, $50 is above the minimum wage of the citizens and things are too expensive too unless you decide to become too busy doing multiple works that's the only way out for survival and at the end of it all, cost of transportation, accomodation and feeding will take all the money from you. I think generally now the word is experiencing inflation and unemployment is also affecting people more and more.

I'm shocked as the kilo of rice is half in us. Most of the prices here are $1; for chicken, $4.10; for beef, $7.65; and for pork, $5.83. Our minimum wage here is $200, which is $9 to $10 per day. We are in a third-world country, so we are not shocked. Without budgeting your salary, it is difficult, which is why others are doing some online selling to make some extra money. I do have family now, and I am having difficulty budgeting our salary. How much more do those underpaid people make?

I earn $200 from my job which is not enough to support my family of 8 members.  So I look for different jobs online to earn some extra money.  In this case this forum is helping me a lot to earn some good amount of money every month.  And all in all I am able to run the family now.  However, I am very worried about the future of commodity prices. On the other hand, those who are only dependent on job money are living their life more difficult from this moment.  On the other hand, the unemployment rate in my country is also very high

Inflation is global, but some countries have been affected worse than others. On top of that, the inflation numbers don't include the raging petrol and electricity prices, both of which are a huge burden. Supposedly, the average inflation rate in Europe is approximately 8.5%, while in my country, Greece, it's claimed to have slowed down to 7.2%, which can't be accurate since the price of groceries keeps increasing. Unfortunately, the statistics that come up with inflation numbers are off, since there's a huge number of basic necessities that have almost doubled in price.

The cost of living in my country continues to increase especially most of the food ingredients such as rice, soybeans, wheat, corn and many more must be imported, 20 years ago my country plans to switch to industrial countries to become developed countries, but political policies that often change make investors from other countries Going and now life is increasingly difficult. I am currently working for about 3 years from graduating from school and gets a salary of around $ 600 per month, and living costs around $ 500 (room rent, eating, and oil for motorcycles)

I agree, that's why I took more sidelines now so that I could still have more money rather than earning only in corporate job but the salary is just enough to the living expense. I really hope that our government will take cool of it and I hope they will immediately resolved the issue. We're in a third world contry but our living expenses is little by little increase while our salary is still the same.

I think there is general inflation in the world, but as bad as you feel your country is presently can't be compared to the Hell of suffering people are going through in Nigeria. Inflation might be over 200% here and this is caused by evil greedy bad leaders who are bent on impovrishing the citizens with bad economic policies.
Cost of food has gone so high that majority of the citizens can feed normally, cost of transportation, no capital investment and development. Everything is gone wrong, so no matter the situation of your country, Australia is 100 times better than Nigeria. You guys ain't going through hard times.

Most of the population in the world today complains about the economic conditions. Global is currently in a crisis, many citizens complain about spending on daily needs, especially those with low incomes. This condition is not only you or your country who feel, but this condition is comprehensive. Even America, which is considered a superpower, also experienced the same thing with 0.5% economic growth. Even experts predict there will be a recession.
Maybe the solution with skills to get a second job. But the government must also step in to help small and medium enterprises. Thus the community's economic growth will increase.
But for those elderly retirees what can they do? They are no longer able to work with jobs that squeeze energy. Apart from only using pension money, of course their children and relatives can help them in the rest of their old age.

After seeing this post of yours, now I am thinking that economic instability is happening only in third-world countries, it is not true, the same situation is seen in developed countries like Australia. However, compared to the cost of the things op buys, the cost of these goods in these third-world countries will less. What will happen if the cost is less, their income is much less than developed countries like Australia.
op Products will be priced in my country like
fruits- apple 1kg/1.87$ , Orange 1kg/2.06$ , Banana 12pcs 0.70$
Boiler Chicken- 2.06 1kg/2.06$
petrol- 1.245 $

The cost of living is very high in our country - people are cutting on their grocery. Most of the people are giving up on the pets as well because its difficult to keep dogs and cats because of the ban on imported items. Life is very difficult these days

I also agree with you that the increase in staple foodstuffs is due to the global economic conditions that are currently experiencing a crisis. Living with lots of money can be a hope for everyone. With it, people can buy as much as they want, eat as much as they want, or as much as they like on vacation. However, not everyone can feel this way because sometimes even if there is a lot of money with a high standard of living in a country, a lot of money is still meaningless.

At the moment I am about 29 years old and have been married for almost 3 years and have one child who is about a year old, my wife and I work and if combined we get a salary of around $ 900, the cost of living in my country continues to rise, and with that salary maybe only about $ 200 that we have left saving for the future, I'm always looking for other sources of income so that I can meet my ever-increasing needs.

Petroleum products impact the inflation rate of social living directly and according to your mention, the petrol price in your area is 2.10$ per liter, in my country petroleum products inflated by 100% in the past 10 months even during the COVID pandemic when the per barrel prices were 126$ Pakistan government was selling petrol by the rate of <150RS and currently it's around 267RS per liter when per barrel prices are below 100$ from a long time still if you convert the AUSD to PKR about 20 RS cheaper then your area but our social inflation for essential consuming products is above 40℅ in just past 10 months.

Hard time is going on but as you know time passes whether it's hard or peaceful.

What country are you from?

What do the people do with the cats and dogs? Just give them up to a charity or something more sinister?

I feel like pets are our responsibility. We bought them and it is our responsibility to make sure they have a good quality of life.

I can't ever imagine giving my dog away, I would honestly rather skip meals and give them to him instead of giving up on him.

And without realizing it, pets like dogs and cats, if we take good care of them and don't abuse them or let them starve, will make our luck easier. Let alone buying it and having to feed and care for it properly and having to be responsible for its life.
and if pets affect our difficult living circumstances, I don't think it makes sense because dogs and cats can eat what we eat, they don't need to be prioritized because of difficult circumstances, And most importantly animals still eat and live together. And I think cats and dogs are good animals and they can also protect us from things that we don't realize can harm us and can help us, and I don't agree that pets are related to our difficult economic situation. Because the animals we care for will make our sustenance easier, and I always feed and drink every day in front of the door every night for dogs or cats and any animals that eat them. And without me realizing what I was doing, no matter how difficult my economy was, there was always a solution and it was real.

Selectively about the cost of living in my country(Ukraine, Kyiv):
1. Utilities:
- 1-room apartment, winter season with heating - approximately 2000 UAH/50 dollars/month
- 3-room apartment, winter season with heating - approximately up to UAH 3,000/$75/month
At the same time, pensioners and the poor have a state subsidy for the payment of communal services.

2. Food
Chicken fillet - UAH 129.00/kg (in dollars - 3.4)
Chicken thigh - UAH 78.50 (2)
Turkey fillet - 254.00 (6.5)
Chicken, whole, gutted - UAH 102.00 (2.6)

Duck, fillet - UAH 369.00 (9.4)

Rabbit, legs - 354.00 (9.1)
Rabbit, back - 294.00 (7.5)
Rabbit, gutted carcass - 254.00 (6.5)

Veal, steak UAH 219.00 (5.6)
Veal, brisket - UAH 114.00 (2.9)
Veal, rib-eye steak - 219.00 (5.6)
Veal neck on the bone - 164.00 (4.2)

Pork, rib - 164.00 (4.2)
Pork, brisket steak - 164.00 (4.2)
Pork, steak - UAH 174.00 (4.6)
Pork, loin steak - UAH 184.00 (4.7)
Pork, steak "Porterhouse" Dry Aged UAH 799 (20.5)

Bread:
Buckwheat baguette - 34 UAH/ 300 grams (0.87)
Buckwheat bread - 76 UAH/ 1000 grams (1.9)
Rye-wheat multigrain bread 76 UAH/ 1000 grams (1.9)
Multigrain bread "Scandinavian" 65 UAH/ 1000 grams (1.66)
Ordinary loaf - UAH 60.00 / 1000 grams (1.54)
Bread "Alsace", ground malt - UAH 73.00 / 1000 grams (1.87)
Podovoy bread, with grain bran and honey - - UAH 73.00 / 1000 grams (1.87)

Vegetables/Fruits:
Cucumbers - UAH 119.00/kg (3.05)
Carrot, peeled and washed - UAH 43.00/kg (1.1)
Potatoes, white - UAH 6.80/kg (0.17)
Cabbage - UAH 13.90/kg (0.35)
Early cabbage - UAH 80.00/kg (2.05)
Beijing cabbage 62.50 UAH/kg (1.58)
Kapy sweet pepper - UAH 189.00/kg (4.84)
Mars onion - UAH 68.00/kg (1.74)
Cabbage Broccoli (imported) UAH 209.00/kg (5.3)
Apples - from 15 to 30 UAH/kg (0.38-0.76)
Pears - UAH 30-75/kg (0.76-1.92)

The minimum pension is UAH 2,093 (53.66). BUT. This is a pension that is paid to any citizen, even if he has not worked or paid taxes all his life. For other people, the pension (taking into account the retirement age, total working experience, etc.) starts at approximately UAH 6,800 (174). There are many groups in which allowances are accrued - for example, miners, military personnel, disabled people, participants in hostilities,... Pensions there are noticeably higher. Salaries - starting from 15,000-25,000 (385-641)

It's worse in my economy, we don't even have access to our cash as the government decided that the old note was no longer a legal tender and so a new note was sent out, the so-called new note is not even in circulation and we've ended up buying cash with cash cause not everyone accepts transfers.

Imagine giving out 30% of the amount you want to withdraw as charges, not to even talk of the high cost of things in the market.
God help us 🙏

Acts like this are I think normal. It also happens here in our country where old notes will be replaced by a new one after a long time so always ensure that you don't hoard the old notes for a long time but make sure to spend them or convert them on something which is still relevant even after a long time.

You can also keep your money inside a bank. I know there are some fees when we withdraw money from a bank or to an ATM machine but charging 30%? Damn I think that's too high already. Does all banks in your country work like that? If not, then you better pull out your money on that current bank you are using and transfer it to a much fairer bank.

yes it is a very pressing issue, rising cost is one of the bigger issue to anyone. too bad we are all powerless against the cost, there is only so much we can do, but constantly live in fear and worry non stop.

I agree with you wholeheartedly on this. Do you also think that a furry friend may brighten up your day? They make our lives more enjoyable by providing much-needed entertainment, and they have a special knack for letting us forget about our troubles for a while. When you have a cute pal at your side, you won't need a horseshoe or a lucky penny. And let's be real: they couldn't care less about the state of the economy. They just care about three things: daily nourishment, hydration, and affection. For as long as they live, they will be your loyal buddy provided you provide them with those things. Some argue that facing your concerns on a daily basis is easier if you have a pet

I disagree with you about pensioners. In the Russian Federation, for example, a fairly large number of people who have reached pensions continue to work in their original place or are looking for other options. Not all children and grandchildren have the opportunity to help their parents in such a situation. They themselves are interrupted by what they can, because. salary leaves much to be desired and loans need to be paid. There is very little money left after all payments.

I think life in Indonesia is cheaper and not much different from other Southeast Asian countries, especially the Philippines, Vietnam, Laos, Thailand.
here on average maybe for most of the area it's enough with 300-500$ depending on needs and I think that's enough for 3-4 people if you just buy basic food.

nowadays basic necessities the price is indeed increasing not only in your country and all over the world also experiencing such things, then for pensioners and workers it is very difficult to buy basic necessities if their income is not so large, and what affects this is all the result of the government being increasingly difficult to overcome the economic problems of their respective countries and the debt they are facing today is getting bigger so the increase in the price of goods is one way  to resolve the issue.

Right now, to have access to cash is very hard because of the redesign of our currency and I can tell you that things have double eif not tripple over the past months, since the change of governments, I don't think we have had any government worse than this because with your money, you cannot use it as governments is trying to force people to use CBDC and cashless policy  and it is not all sellers that accept digital payments, they prefer cash over cahshless policy. It is the common man that suffers this their nonsense, only grace of God can help us now with the way things are going.

Actually now the straight answer can not be given because even in my country is not all place I can afford to live but still the cost of living in my country is affordable. My main reason is that petrol per litre up to now it not up $1 and am seeing someone is saying their own is above $2, in times of food even though we are all shouting about the price that is getting higher, a bag of rice now is about $50 before it not up to this amount that what is causing shouting. For rent of apartments depend on the location you want to live and also depend on your financial status, the least you can get is around $50-$60 this depends on my location. I am living in a small town.

This is a very feasible solution to the problem of countries everywhere. Yes, the Government must find a way to address this problem to ensure that every citizen can earn enough income to feed themselves and their families and no one goes hungry in the country. One of the prevention efforts is to reduce inflation by clearing excess money in the market.

Cost of living in every countries is as the simple saying that quotes, cut your coat according to your size, there's difference in standard of living in each of the countries we have and we have how individuals also were able to manage their expenditures, cut cost and prioritize their needs from things they want, some people don't know how to manage up resources they have to yield them more of its kind, if you can be trusted with little, then there's no doubt you can manage the big one if entrusted in your care and same way it applies to a living standard.

I live in a small town that most of the residents' search is fishermen and farmers, I work in a ceramic factory and get a salary of around $ 450 per month, if a lot of overtime can get around $ 550, economic conditions affect the ceramic factory because many products are not sold, the cost of living Monthly I am a room rental of about $ 300 so I can still save about $ 100 per month, of course the small value and I hope Crypto will skyrocket again.

The elimination of cash has been thought of by many countries because we are moving towards a modern world, and another reason is that they want more control over us. But confusing for your Nigerian government, they were in such a hurry to issue a cashless order, and using only CBDCs gave people no time to adapt. I'm not from your country, but I've seen a lot of people's protests over cash shortages. It's horrible that the country is run by stupid politicians.

In my nation you could give your pets to pounds, it's a place basically where dogs and cats live with each other, and they are unfortunately put to sleep if nobody adopts them after a while, specially as soon as they show a sign of sickness, because they do not want to take care of any sick pets, but many young ones do get adopted.

I wouldn't even bare to cross that in my mind, I haven't been sleeping at nights for over a month because my dog is sick, my wife sleeps at night, I sleep during the day, and we take care of our dog in shifts this way, so the idea of not taking care of the dog and giving it up to a pound is beyond bonkers to me, but I guess some people do it.

A bag of rice is $50? that was overpriced! Well there are things that overprice here in our country also that is onion which is  $11 per kilo which is very huge but I do see now that it is dropping but those basic foods like rice are still the same on us around $37 which still pretty expensive comparing before but again it is still high. If the petrol drop price I am hoping that foods prices also drop too as all of the people here are struggling except those rich ones

The toxic in the cost of living increases in my country per every change of Government. The previous government is always worst than the incumbent, and as a result the cost of leaving becomes a crying shame. Now the price of everything has skyrocketed in a triple fold since the new government began and it's always so difficult to have a deflation after every inflation since 60% of the people coming into government are with selfish aim and not for the benefit of the Nation.

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.

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.

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.

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.

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.

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$ 

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.

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.

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 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.

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.

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 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.

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.
https://i.gyazo.com/6704af64ae81baac9d3447c2377d737d.png
source (https://www.un.org/development/desa/dpad/publication/world-economic-situation-and-prospects-march-2023-briefing-no-170/)

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.

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.

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.

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.

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. :'(

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.

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.

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.

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

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.

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$.

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.

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

    -   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.

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.

$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.

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

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.

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.

Currently, every country is having problems with the economy so that many foodstuffs prices have increased, in the past only with $ 50 we were enough to get the basic commodities we wanted to buy but now everything is expensive and we are increasingly difficult to manage our finances, and for those of us who work as laborers, of course this is the biggest problem because the expenses we have to spend are not in accordance with our income, I think until now there has been no solution to overcome this problem and only some people who live safely in the issue of ekomomi, so we really hope that the government can overcome this problem well.

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.

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.

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.

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. 

The cost of living is very low in my country, but it comes with a price, like, there is no job, the poverty rate is very high and things are costly, when I think about other countries I see that things are not balance either.

In Dubai, you will spend a lot of money to have a good life.
In America, tax payments will rob you every month.

I don't pay for living in my country, with as little as 50,000$ in my country you are already a millionaire and you will live comfortably with your family.

I live in Asia and according to government reports per capita income is around $7500, of course very far compared to developed countries like the USA or Europe, and if the total income I get is around $8500, the cost of living alone because I'm not married is around $700 so I'm still can save $ 1500 per year which I usually use for traveling 2 or 3 times a year.

from the lower middle class to the upper class can actually live in our country (Indonesia) but the quantity and quality of various kinds of materials and tools for living are definitely different, that's the only thing that affects the way of life in this country. it's simple, the more you have, the more you get, but the gap must still exist.

Even in developed countries, you experience difficulties, what do you think of me, who live in a country where I live is a country that is still developing. this pain is extraordinary from you

Things are not too expensive in my region that is why I can easily decide to eat what ever I want to eat. The inflation is why but the government is making an effort to make sure that things does not get too busy and worse by the day. I work and I earn, those who do not have a work or something doing are the one that might keep making the same mistake over again.

In my Opinion The rising cost of goods and services is a global issue that affects people of all ages and backgrounds. It's important to be mindful of the impact it has on vulnerable populations, such as the elderly or those on fixed incomes. While it's important to prioritize our needs and budget accordingly, it's also important to advocate for policies that support fair and affordable living standards for all. Sharing experiences and knowledge can help raise awareness and bring about positive change. :)

The cost of living my is absolutely high and it's affecting the general populace here. The cost of goods and services is continually on the rise which has made it almost impossible for so many people living here and the government is not even putting good measures to regulate the price of goods and services.

The huge bad effects of governmental policies on local currency redesign and distribution was the latest to have crippled so many micro businesses. In country of over 200 million people, over 75% of the total population are living in abject poverty.

We have the same experience, in my country the gas price is increasing i think it is all because of the ukraine and russian war because one of this country supplies gas to my country and because of this high gas price most of the people are struggling but we are still surviving i hope that someday everything will be alright and we will back to normal life.

We are all concerned about the rising prices of items, the rising costs of utilities like water and electricity, and the fact that we cannot afford to purchase even the most basic necessities with our salaries. I am unsure of what will happen to us because inflation appears to be rising in other countries as well.

I live in a country that is still developing and the cost of living in my country can be very different, there are areas where 1 person can live for less than $ 100 per month, and I have been to these areas, these areas are in coastal areas, almost all necessities of life do not buy , fish, groceries and vegetables are all produced from their own garden so the cost of living is very cheap

for the current world economic conditions it is undeniable, the price of basic goods is very expensive while the value of the currency is no longer valuable. In my country, for example, all types of basic commodities are classified as very expensive, be it rice, oil and flour and other types of needs, while the current value of money seems to be no longer valuable so that when shopping at the market we have to spend large amounts of money. I think this is all because of the global economic crisis

The cost of living that I feel is increasing, currently I live by renting a room in a city close to where I work, I rent a small room for about $ 55 per month, the condition of the room is vacant or unfurnished, a month's food costs and other living expenses around $230 so my total cost of living is around $300 per month.

In our country, the cost of living is constantly increasing inflation can go out of control and affect the general population. They are almost struggling to buy daily food fuel prices are increasing. People's cost of living can go to extraordinary levels. The record price hike will severely affect the overall productivity of the country and the small and medium industries will be threatened along with the big industries the biggest expense will be food expenses.

At the moment, the news on inflation is constantly being hyped up, but I feel that this inflation has indeed been going on longer than even since the pandemic started. However, high inflation did start after the pandemic. you are still lucky because the salary you receive is still greater than spending money for your living expenses. so you may still be able to save and invest. but has inflation started to decline in your country? because I feel the inflation rate in my country is starting to fall. I hope that in other countries too.

Inflation happens every day, even when we are in good economic times, but because they are low, below the allowed level, we will hardly feel inflation.

In my country, inflation has not decreased but is more likely to explode when unemployment has not stopped, gasoline prices have fallen, but essential commodities are still increasing daily. I rarely go to the market and always complain about my wife's spending, but yesterday when I took my wife shopping, I was quite surprised because the price has increased more than before New Year's Eve that I have ever seen. I am shocked that the inflation indicators in the US and other countries are showing signs of decreasing, but everything is still very high in our country. 

if the government doesn't take action the country can collapse, and experience bankruptcy poverty will be the largest population community if the country has experienced a shortage of people's money if almost 75% of people are poor

Of course, the state has carried out many policies to reduce poverty, but the problem of poverty is very complicated, it cannot be solved in 10 or 20 years. The easy thing to do is to owe other countries or invite investors to manage economic potential, usually when investors enter, economic activity start to normal and slowly poverty will decrease.

Specially in a 3rd world country that I lived in, poverty rate is every high, and as much as the government is doing everything, I have seen like in the last 20 years it's can't be solved, or at least being cut.

So very hard, it's going to be survival of the fittest now, everyone need to fine a way and survived specially right now. Right after the pandemic, many were laid off, so it's hard to find a job that will help us sustain. Prices is rising as well, government is corrupt, so there is a never ending problems with poverty in our country and I doubt that it will be resolved, as the rich become richer and the poor become poorer.

in my country is really varied, but cannot be seen evenly because everyone has different installments or expenses.
I think 300-400 $ is enough for one person and it's already considered sufficient if you have income above that, remember for one person.

almost all countries are experiencing the same thing as you described, the great shock that has hit the world today is the global economic recession, so the victims are the little people who are screaming because the prices of all basic commodities are very expensive. Of course we all feel the same misery, as if money is no longer as valuable as it should be.

I also come from a developing country. and actually I was born and come from an area where natural resources are very abundant. so that we take more vegetables and others from the garden that we plant ourselves. So the cost of living there is cheaper. but I have moved to an area closer to urban areas. so here I still have to buy all my basic needs. even vegetables and others have to buy from the market. and this is where I know how the price increase in the market continues to happen slowly. but the relative prices of vegetables and fruit always go down and up every season. but for other needs such as fuel, it continues to rise without decreasing again. Ah, I just remembered that the price of refined sugar and wheat also continues to increase at this time. but maybe the price here can still be said to be cheaper than in developed countries.

I live in a third-world country so you can reckon that the cost of living here is relatively cheaper than everywhere else. What normally would cost $100+ in the States, we get here for cheaper, even as low as $2!
However, when things like inflation comes around it hits us hard like a truck, since a lower cost of living means even lower minimum wages for its employees. So it's pretty much like a double-edged sword. Prices are still comparatively low when compared against the rest of the world's but so is employee wages, especially for blue-collar work like construction and plumbing, where you'd see people getting paid as low as $5 per day's work of construction and stuff which is shitty.

Unfortunately, the cost of living has increased in almost all countries, and almost nowhere are there any real effective measures to solve the problem. The spontaneous increase in the retirement age can be viewed as an act of impotence, or stupidity.

Even if it hurts if you put it that way, we don't have any choice since it is the reality we're facing right now. It's also true that it's not only few countries could feel the rising prices of all the goods, but the worse could be feel from countries having low economy. An example is my country, minimum wages are no longer sustainable specially if you have a family of three. This is why some families here started to find extra income by starting small businesses while some are doing side hustles even if both parents are working, it's no longer viable. Luckily there is no gender discrimination when it comes to work or jobs. With this I could literally say that the cost of living is already killing those who only wanted to survive.

The cost of living in my County Pakistan varias depending on the city and lifestyle what you do. Overall it is relatively afford able compared to many diff countries in the world.

I think most of us suffer by the high inflation rate and the cost of living is surely rising, all the needs like rise can goods gasoline for machinery and any other basic necessity is now very expensive, so i think most of the people are struggling except to those who are already rich and can afford everthing.

Inflation is now a deadly disease in almost every part of the world. Every country is now affected by this disease. As a result, the cost of living has increased less and more in all countries. Especially for those countries which are dependent on other countries i.e. dependent on imports, it is having a fatal effect. Moreover, rising fuel prices and high commodity prices in in every sectors are prolonging the recession.

It is manageable here although life hasn't been easy everywhere but at least nigeria is only country that does not require much expenditure or cost of living
It requires you to secure a job and then know how to manage your income by this you will not notice the difficulties that we face
High cost of living has been a global issue which we need to sort out. the cost of things is not balance and has been affecting how we buy things the way we associate socially

Unfortunately, inflation is a by-product of the social order. I will explain what I mean.
1. I do not take into account those countries where the government is either idiots or total corrupt officials. There inflation is a consequence of their "life activity"
2. I meant ordinary normal countries where there is an acceptable standard of living, and the government seeks to provide everyone with more or less comfortable conditions.
It is the social sphere or external or force majeure factors that always lead to the fact that the state begins to "print money". Otherwise, the lives of most citizens will immediately sink to the bottom. Let me clarify with an example - Pandemic Covid19. The economy "stopped", taxes fell, unemployment is huge. And the state has millions of people who have at least temporarily lost their jobs, their health ... How can we help them? Only money. Directly - by paying some kind of compensation or indirectly - through funds that distribute food, clothes, medications - manufacturers also cannot produce products for free.
At the same time, the government understands that when the economy stops, printing money = INFLATION. Yes, there is inflation without all these circumstances, but it is not so noticeable. And if you notice, talk about "unpleasant inflation" intensified precisely after the global pandemic, which brought huge economic problems to all countries.

The high inflation rate will also make us have to adapt and adjust our spending for daily needs. Even on the one hand we also have to look for additional income so we can live comfortably without worrying about lack of money. It's like Nigeria and Indonesia have similarities in terms of prices for daily staples. that is, even here in Indonesia the prices of daily needs can still be considered cheap even though there have been many increases. but our income level can still compensate.

The level of income is also affected by the availability of jobs with decent wages. If the level of wages is sufficient only for survival, then any level of inflation can deal a rather painful blow to the financial situation of most of the population (for example, if we take the budget, the level of wages when it is developed is sufficient only for migrants)

There should be balance when it comes on increasing wages because we know that inflation isnt something that we cant be able to experience or encounter or something we do call inevitable thing.

If you are just an average wage earner then sooner or later you would be fucked up and would really struggle on living or on surviving this is why we should really be wise on finding other income
source and dont wait up for yourself to be ending up on that situation. Each country does have their own economic state but all of us do share up with the same target or wish
which is to have a good sustainable life where you could spend and save up accordingly.

If you compare the price in First world country to third world for sure the third world country is the cheapest since base salary in US is big that is why we can say cheap but we base it in our country for sure it is very highe because our salary is not enough. We really need to adjust our spendings because if not you always got short and our salary is wouldn't more enough

Cost of living varies from one place to another, it also depends on the standard of living we are putting in for base on what we want and we must be reminded to cut our suite according to our size, we also need to learn how to manage resources, utilize them and plan for what we can afford base on the level of our income, then it is nit bad as well if we can afford to maneuver ourselves to engage in doing menial jobs as well to help support our financial and daily needs.

And up until now we are still living the side effects of such pandemic. It is not that it cannot be solved, but it is just that it will take time for us to recover since it not only a single country who suffered such fate, there are also things to consider such aa businesses they need to recover. In short all of us are busy rebuilding our own economy, and it is not healthy for the economy to additionally print more money to aid the different sectors in the government. We might be happy that almost everything has resumed to where originally it is, but it's not coz during those times the people that permanently lost their jobs will try to seek new opportunities while adding the fact that the opportunities given are very limited to almost nothing.

A global pandemic is like a severe illness for a single person. It affects the gastrointestinal tract, the respiratory system, the nervous system, leading to muscle degradation, metabolic disorders ... And such a disease cannot be cured with "one pill" and "in one day." Just as the body after a serious illness needs time to rehabilitate and restore all functions, so the world economy and the economy of each country need time, and this is not months ... Unfortunately, we will feel the "consequences" of this terrible pandemic for several more years.

The cost of living is now very high in every part of the world. This expense has reached even higher levels as a result of the war in Russia and Ukraine over the year. In such a situation, no one can say that their living expenses are low. But since it depends on the location, its cost level will vary from place to place. Where I used to spend $170 to rent a flat now I spend around $240 and other groceries have rise up accordingly. All in all I need at least $500-600 in my area.

I live in the 3rd world country, the cost of living depends on what situation you are currently in. The cost of living will be high for those people who has a job earning just a minimum wage because it is just $1.50 per hour but for those who are earning more of it like above $10 per hour then the cost of living for them is just small. Travelers from 1st world countries are often surprised because of the cheap products, items and services here in my country, it is because their income surpasses the usual income of my country.

I do not have any problem when it comes to my cost of living because I understand that I'm not doing my best if I struggle about it. The main solution for that kind of problem is to start thinking about how can you increase your current income. Try to read it and try to think every single day because the answer that you can get can help you to increase your income and overcome the high cost of living.

I think almost every country has an increase in the price of goods, you could say that the average country has experienced this, including mine.

But for this one, it seems very expensive for only 2 kilos of chicken thighs, fruit, milk and a few pieces of bread.

Maybe i got lucky, for some of the food you mentioned above, i only spent $15 for it.

---

I admit that since entering 2023, almost all the necessities of life, prices of goods have gone up, the unstable economy has made many businesses go out of business lately, we may only understand a few countries, you could say the cost of living is cheap.

I think we're feeling the consequences, I mean, it's happening, we don't have to wait a few more years. And it may take another year or two for our economy to fully recover and enter a new growth phase.
Pandemic can be a terrible thing, no one wants it to happen, but during a pandemic, I still see many people who can make money and even get rich. In my country, many people risked their lives to trade medical items, and that year, they became rich quickly. It can be said that the pandemic and economic recession will kill many people and businesses, but it will also be an opportunity if someone knows how to take advantage of opportunities and dare to take risks.

Since the war in Russia, Ukraine and the global pandemic of Covid-19, almost all countries in the world have experienced inflation. Due to which the cost of living has increased in most countries of the world.  And even though the prices of goods have increased at a massive rate, neither the employment nor the income of the people has increased much.  Due to which it has become very difficult for everyone to live a good life. and now in every country an individual needs at least $150-$250 monthly to live

People all over the world are in a lot of trouble since Ukraine, Russia, war and covid-19 pandemic. I think Ukraine and Russia, if the war continues like this, all the countries of the world will suffer huge losses. Ukraine, Russia, war  Since then the prices of all things have increased a lot, their prices may never be possible again. There are many countries in the world whose bank reserves are almost at the end.

The biggest problem is inflation. almost all countries' currencies have depreciated against the US dollar. and is the USDT also overvalued by about 45% compared to my country's fiat. I get about 45% more than what I used to sell USDT through p2p. People who depend only on the country's fiat money and have nothing to do with the dollar have a harder time to living. they live the most difficult life in the country

Immediately after covid-19, many things changed in different countries. This starts from the way of living, the way doing business and the general way of life.
The inflation rate which started before the covid-19 was escalated by the covid-19. Now the price of living has tripled in most countries and there is not corresponding increase in salary and interest rate.
The cost of living would only be accurately determined by the minimum wage. A country whose monthly minimum wage is below $50 must surely suffer the adverse effect of inflation.
It's time people will begun to relocate to places where the cost of living is not high.

That's true and we have felt a lot of changes after the impact of Covid-19 ended, the condition of post-disaster economic recovery has become a fairly basic problem, so many unemployed have not found jobs to continue their lives with their families, I don't know how the crime rate is after Covid-19 passed due to the large number of unemployed who lost their jobs. Usually when people lose their jobs for family needs the crime is higher, but so far I don't know if this impact is real in various countries. While talking about the minimum wage, it remains at the same figure, goods and basic needs continue to increase, thus making it very difficult for people to get out of the economic crush, moving to another country also does not guarantee an appropriate solution and this effort should be of particular concern to the government.

In my country the problem of recession and inflation is a little safe after Covid-19, but it's still difficult for people to find economic stability and the government's presence has also been optimal in prevention, but that doesn't mean they can work fast to solve it. Basically all sectors must be addressed slowly and at this time it is starting to be seen that they are working hard to protect, but if the community does not try to move and find solutions then full hope from the government will hinder them from getting out of the economic crush.

The situation in my country is very bad now since covid-19 people have lost their jobs and are not able to eat properly. I think there will be famine if it goes on like this for a few more days. The damage done during covid-19 may take a few more years to self-recover. Some things  I see people in the country who have no place to work, starting from jobs, are moving to many places for employment but are not getting jobs. Because of this, the number of unemployment is increasing in almost every country.

Inflation was present before pandemics and wars, but it was just too small, and we haven't felt it yet. Pandemics and wars have caused inflation to rise so sharply and quickly that governments have no time to react.
I agree that the wars in Ukraine and Russia have greatly destabilized the world economy, but we are slowly adapting and are not affected much anymore. I believe that as long as we can solve the current crisis, and even if the war continues, it will not affect us too much. But if you are from Europe, you will be affected until the war ends.

This fee is low for countries in Europe and the USA, this value is only enough for people living in Asia or maybe Africa. In my country, that amount of money is only enough to finance a simple life by also paying the rent for a relatively small house and in a fairly dense and slum area.
So I think $150-$250 in many countries is even difficult to cover basic living expenses because the costs are already higher than in other countries such as in developed countries where the price of gasoline is even several times higher than in developing countries, but for developing countries and poor money that big is enough to pay for a better life.

I am from northeast India, cost of living depends upon the area where you got job here basic salary is 15,000 you get single room with attached bathroom in 3,000 to 4,000 which you can share  with your colleague. when i was working Gyalshing West Sikkim, things was cheap from groceries to other accessories but when i move to Gangtok things become expensive mostly green vegetables is too high since it being organic. Sikkim is the India's first organic state.

That is why it depends on the country, but it is still just enough for us in that salary range, and we are still struggling with it, and we can't even eat out if we want to because it is only enough for daily expenses like food, transportation, and other basic needs. Also, that earning is our minimum wage, and it is not the same in first-world countries, where you have huge salaries for us but again, the cost of living there is very expensive. The salary in a third world country doesn't apply to a first world country, but the first world country salary is already huge in a third world country.

In the Indian subcontinent I think the cost is comparatively less. However, every where the cost has increased in the present time. In the area where I live, I have to spend the equivalent of 4 dollars for a meal especially for launch at a restaurant, which is a lot more than before. Moreover, I have to spend about 40 to 45 percent of my income for living. Foodstuffs and living costs in every sectors  cost has gone up a lot.

In the country where I live, the prices of things have gone up a lot due to inflation. Everything from the necessities of daily life has gone up in price. We have to spend 1.3$ to buy a liter of petrol here where our country is rich in natural gas, the price of gas in our country has doubled in a matter of days.  Electricity prices are being hiked almost every month. 

The prices of agricultural crops like cucumber, carrot, tomato etc. have increased almost several times. And the market only continues to grow. Once the price of a commodity goes up, it never goes back to where it was before. Even though the price of all the essential items is increasing, the salary of the people is not increasing. As a result, people are currently struggling to keep up with the market.

Apparently the cost of living in my country depends on your monthly income. The higher the salary you will not feel how expensive the goods that you need in your everyday life but if the salary is very low it could be a struggle to budget the monthly expenses for yourself and your family. Like me I am the breadwinner of the family if I will rely on my monthly wage it is not sufficient to sustain our monthly expenses, I will need to budget my salary wisely to sustain our needs. That is why I am eager to find other option to be able to sustain the daily needs of my family.

I think that in almost every country, the cost of living depends on income because the greater the income, the higher the cost of living because the desires are higher, but for those with low incomes it will be in accordance with the cost of living.
for luxurious or simple living expenses it is our own choice or compulsion because of the income we have and if we want to get up and want more then looking for greater income is the only solution.

In my country, the price of food ingredients is also increasing rapidly. but not because of inflation but today because it is approaching Eid Al-Fitr. I may be one of the lucky ones because in my country the price of fuel oil has not increased drastically. even though there is a gradual increase, we can still reach it with a minimum salary in every region of my country.

And I think if the price has increased drastically in my country. Then there will be large demonstrations that occur. but luckily the economy in my country is getting better now. although job opportunities are limited. but at this time there are also more independent entrepreneurs in my country. as a result of those who do not get the opportunity to work in a company.

Due to long time lockdown due to covid-19 all mill industries, companies are closed for long time and company owners face huge losses due to which they start laying off workers. And because of this, many people become unemployed.  And with each country's fiat currency depreciating by 10-40% against the dollar, living in the country has become very expensive. every country will have to struggle for a few years to overcome this pressure

In my country Indonesia have several region and cost of living depend on which region we are staying, in my region seems still cheapest and not most expensive but have small with salary receiving from companies. Under $300 salary received every month for worker but we can spent under $2 for each time for break fast have completed with food and drink. I need side job as freelance because salary from working in my country still not enough under $300 for paying health insurance, education and many thing still expansive than with salary receiving.  But still have good side with food still in lower price.

In my country all of that can be obtained at a cheaper price.
In my country, a large piece of medium-quality bread costs $ 1 dollar, while 2 kilograms of chicken here is only $ 3.67 dollars, one liter of whole milk is $ 1.5 dollars, and if the price of fruit varies for each type, I will take an example. apples, grapes and oranges.
The price of oranges is now around $ 1.33 dollars per kilo, while the price of grapes is now around $ 4.00 per kilo, and for the price of apples, it is around $ 3.20 dollars per kilo. So if you bring $ 50 dollars, you can buy quite a lot of chicken, fruit, bread and milk.

So in the country where I live, inflation has existed and will always be, but the impact is not as bad as in other countries. This is what I am proud of from my country, even though basic needs have increased, but it is always accompanied by a salary increase, so everything remains safe and under control.

You are correct that the cost of living in South Asian countries is relatively lower when compared to the United States in terms of dollars. The cost of 1-liter of gasoline in my place of residence is at around 1 dollar and cost of meal from a fast food restaurant for 4 person is at around $16 which I consider to be reasonable despite the high rate of inflation that is currently a global issue.

The cost of everything has significantly increased throughout the world, and inflation is heating up everywhere. For example, in my own region, I can identify the factors that contribute to the rise in fuel and food prices. Often, bandits prevent farmers from going to their farms, which results in a low level of food production. While there are other factors at play, one of them is politics, and as a result, people are finding it extremely difficult to feed themselves. and I don't think things will get better anytime soon all we can do is hope for better days.