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Author Topic: Cost of Living Comparison  (Read 1323 times)
SolomonSollarsNSense
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April 13, 2018, 03:35:10 PM
 #61

Cost of living is something everyone should consider and even more so for those of us who can make our living anywhere in the world, but there is more to life than just cost of living, you also have to consider how happy you will be in a certain place. If we look at the countries with the highest happiness ratings we'll often find that they are also among the happiest countries.

The cost of living is actually affecting a happy state of certain persons in most cases. If people don't have enough of financial stability which will provide the security for a life they also cannot enjoy that same life.

Those countries with the high cost of living actually have the higher standards so someone from a different country cannot consider his/her move to that country if he doesn't have the steady work there.

Happiness is connected with the financial situation and no one cannot deny that. There are few cases where the rich people are not happy with all their wealth but that are only a few cases where the certain people have low morale and will.

Come on, you don't think you can be happy without money? Tell that to the people who live in slums. Being happy is not to do with what you have, it's how you perceive what you have. Just like bitcoin's worth is only defined by the value people assign to it.
I feel you though, it is really all about how you perceive life and there are even people today who are as rich as you can ever imagine, but the fact is they are still not happy as a result of somethings they may be going through. Happiness is just based on individuals and in as much as money can actually help with that sometimes, it does not mean it is the only thing that is fixated with happiness.
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April 23, 2018, 04:11:29 AM
 #62

The cost of living depends on the human being, wherever the person is even able to adjust to his daily needs. There are several surveys that prove everyone has their own style and living expenses, the economic needs of a person is different there is always a way to add income and for example are cryptocurrencies that can facilitate the need for a simple living expenses. When you earn well,  you live well.
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April 23, 2018, 04:47:46 AM
 #63

While this isn't really bitcoin related, I do think this is an amazing tool which I wish I had found a long time ago. Really allows you to compare the salary that you get here from the salary you would get in other exchanges with the cost of living factored into the equation -- which is really essential when trying to compare salaries.

Thanks a ton OP!




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April 23, 2018, 06:36:36 AM
 #64

The cost of living depends on the human being, wherever the person is even able to adjust to his daily needs. There are several surveys that prove everyone has their own style and living expenses, the economic needs of a person is different there is always a way to add income and for example are cryptocurrencies that can facilitate the need for a simple living expenses. When you earn well,  you live well.

I don't agree with you on this. Cost of living is not based on an individual life style and the way they spend money. They are provisions made for the people whether they use them or not, they are there. They are usually provided by the government to satisfy human wants in that environment or country. Thus,  they include social amenities,  housing, food etc.
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April 23, 2018, 06:52:25 AM
 #65

Let's discuss where to live
Using this tool you can compare cost of living and it's indicators (Cost of Living index, Cost of Living Plus Rent Index, Groceries Index, Restaurants Index, Local Purchasing Power and etc.) for two cities supported by our dataset.
https://www.numbeo.com/cost-of-living/comparison.jsp


cost of living depends on the person, the earnings and the city where you live in. the person is the one in charge and matters most when computing the cost of living. no matter how big or small and costly the city where he lives in, he will still be able to manage his budget. i
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April 23, 2018, 11:22:55 AM
 #66

Let's discuss where to live
Using this tool you can compare cost of living and it's indicators (Cost of Living index, Cost of Living Plus Rent Index, Groceries Index, Restaurants Index, Local Purchasing Power and etc.) for two cities supported by our dataset.
https://www.numbeo.com/cost-of-living/comparison.jsp


cost of living depends on the person, the earnings and the city where you live in. the person is the one in charge and matters most when computing the cost of living. no matter how big or small and costly the city where he lives in, he will still be able to manage his budget. i

Agree,usually  the cost of your living  is  the description  of the amount  your earning  every  month.If you earn big you spend more and when you earn less you apply  budgeting  methods  to make your earning  enough for the entire  month. The way you live is described how much you earn and the way you expenses  monthly  is also show that  you  have enough  cash to sustain  the high  standard of living.
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April 23, 2018, 11:49:29 AM
 #67

Let's discuss where to live
Using this tool you can compare cost of living and it's indicators (Cost of Living index, Cost of Living Plus Rent Index, Groceries Index, Restaurants Index, Local Purchasing Power and etc.) for two cities supported by our dataset.
https://www.numbeo.com/cost-of-living/comparison.jsp


cost of living depends on the person, the earnings and the city where you live in. the person is the one in charge and matters most when computing the cost of living. no matter how big or small and costly the city where he lives in, he will still be able to manage his budget. i

Agree,usually  the cost of your living  is  the description  of the amount  your earning  every  month.If you earn big you spend more and when you earn less you apply  budgeting  methods  to make your earning  enough for the entire  month. The way you live is described how much you earn and the way you expenses  monthly  is also show that  you  have enough  cash to sustain  the high  standard of living.

I think, looking at this http://www.usdebtclock.org/ not a lot of the things you said are very accurate. The middle class are spending a lot more than what they can afford. There seem to be no budgeting for anything lately and people are spending as much as Banks are willing to grant them credit.

Rich people are rich because they avoid the normal pitfalls, like spending on credit and living above their means. The amounts they are spending are equal or less than the amount that middle class people are spending on the same things.

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April 23, 2018, 11:57:07 AM
 #68

In fact, most of the upper classes have good social accumulation, human relations and rich wealth, which is effective for the middle class and the low class people living in these cities. We know there are many things that you had when you were born.
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April 23, 2018, 12:20:31 PM
 #69

Cost of living is something everyone should consider and even more so for those of us who can make our living anywhere in the world, but there is more to life than just cost of living, you also have to consider how happy you will be in a certain place. If we look at the countries with the highest happiness ratings we'll often find that they are also among the happiest countries.
Yes, absolutely true. Talking about countries with the highest happiness rating, this is just simply because everything works perfectly well for them, they do not have to live and worry a single day about how they want to cope for the next one and so on.

It is good to always consider this a lot most especially when it comes to trying to migrate with the way things are going, since I can after all, like you have said, do my freelance thing anywhere, as a trader.

That's right, most people who live in developed countries will have high happiness compared with people who live in developing countries. Although he have a lot money but he lives in a developing country he would be less happy. The measures of happiness not by money, many other factors such as general physics and circumstances will support the level of happiness.

I live in a developing country with an average monthly income of about $ 400, for $ 400 I can spend it for a month. The cost of one's life will be determined where we live. Each region will definitely be different in spending money. However, with $ 400 I feel always less to face my daily life and I choose trading for help my income.

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April 23, 2018, 12:21:38 PM
Last edit: April 23, 2018, 01:10:42 PM by gabbie2010
 #70

The cost of living in different countries is subjective and varies according to how developed a country is comparing cost living of people in US to people in African obviously the difference is clear a lot of  people in developing or third countries lives in abject poverty while people in developed countries with a good standard and adequate infrastructures have access to good health, food e.t.c

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April 23, 2018, 12:30:38 PM
 #71

this is very helpful, and when I compare the cost of living in my city and in london, it is much different. in london the cost of life is higher. meaning I have to have more bitcoin than I currently have to live in london, at least for a month's vacation there.

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April 23, 2018, 01:20:21 PM
 #72

Cost of living is something everyone should consider and even more so for those of us who can make our living anywhere in the world, but there is more to life than just cost of living, you also have to consider how happy you will be in a certain place. If we look at the countries with the highest happiness ratings we'll often find that they are also among the happiest countries.

The cost of living is actually affecting a happy state of certain persons in most cases. If people don't have enough of financial stability which will provide the security for a life they also cannot enjoy that same life.

Those countries with the high cost of living actually have the higher standards so someone from a different country cannot consider his/her move to that country if he doesn't have the steady work there.

Happiness is connected with the financial situation and no one cannot deny that. There are few cases where the rich people are not happy with all their wealth but that are only a few cases where the certain people have low morale and will.
Cost of living is depend on how people use their income,it was case to case basis in which i believe that handling and controlling our money to provide only whats our capable to buy..many people are spending more than they earn,and dont care if they go credits for more instances..for me its us who's responsible for our cost of living
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April 23, 2018, 03:09:47 PM
 #73


Quote
I think, looking at this http://www.usdebtclock.org/ not a lot of the things you said are very accurate. The middle class are spending a lot more than what they can afford. There seem to be no budgeting for anything lately and people are spending as much as Banks are willing to grant them credit.
Spending on life depends upon the personal capacity, I think spending is directly proportional to earnings of a person. Somewhere middle class people may spend more than what they could afford but majority don't practice it.

Quote
Rich people are rich because they avoid the normal pitfalls, like spending on credit and living above their means. The amounts they are spending are equal or less than the amount that middle class people are spending on the same things.
Let me tell you something interesting people don't become rich because they don't spend huge amount but what makes them rich is their gains or simply earnings. Also there is a huge difference of amounts rich and middle class people spend. Who knows this better than me.  Sad
I would prefer a personal example here; I was born in a rich family and enjoyed my entire childhood being a pampered guy, I had my schooling from one of the most expensive school in the region. Swimming and riding were my passion since childhood. Things never remain the same always. I live a middle-class life today and I still can't buy even the pair of shoes that I use to wear. When I got my driving licence I had a big car waiting in the porch for me while today I drive a small car with 660cc engine.
There is a huge difference in my past and present lifestyle buddy and the only reason that changed all a sudden is the class difference, rich and middle.
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April 23, 2018, 03:36:16 PM
 #74

Cost of living is something everyone should consider and even more so for those of us who can make our living anywhere in the world, but there is more to life than just cost of living, you also have to consider how happy you will be in a certain place. If we look at the countries with the highest happiness ratings we'll often find that they are also among the happiest countries.
It is very true! How much our happiness cost? Can it be paid with money?Sometimes no matter how we can afford all of the expenses for survival but we are not happy then it is just nothing. The cost of living depends on your satisfaction in life. The more you are not contented, the more you wanted anything so the more the amount of money you needed. The higher the cost of living you needed.
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April 23, 2018, 03:38:17 PM
 #75

every person needs a living expenses to support his daily needs, there is a cost of living is large enough and those that cost a small life. it depends on your place of residence, your times and your social life.
If you live in an urban area that has grown rapidly, then the cost of your life will come big, and vice versa. and the times also affect the cost of our lives, let us remember the old days, where the price of candy is now not as cheap as the price of candy first, it proves that the more advanced times will rise as well as the cost of living. and lastly your social status, if you are a person who has a big salary and more than enough, then the cost of living you need will also be greater.

remember, now we are headed for a more sophisticated and modern life, the cost of our lives will be greater, but there is one obstacle, namely the development of life does not guarantee the development of one's economic status to finance his life.
here bitcoin provides the ease of investing, with a promising advantage. this can be as our savings to finance life in the future.
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April 26, 2018, 06:57:49 PM
 #76

Let's discuss where to live
Using this tool you can compare cost of living and it's indicators (Cost of Living index, Cost of Living Plus Rent Index, Groceries Index, Restaurants Index, Local Purchasing Power and etc.) for two cities supported by our dataset.
https://www.numbeo.com/cost-of-living/comparison.jsp


cost of living depends on the person, the earnings and the city where you live in. the person is the one in charge and matters most when computing the cost of living. no matter how big or small and costly the city where he lives in, he will still be able to manage his budget. i
This simply summarizes it all. I know a lot of people have said it does not have to do with the person, but it surely does. As long as you can compensate your earning with your living without doing more than yourself, one will still be able to live right.

Yeah, some places are more expensive to live in than the other, but we also have to understand the level of income they earn as well on the average. Nevertheless, earning some pretty good income in some places though would make it very fun to live in them with some huge level of peace and happiness.
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April 26, 2018, 08:22:54 PM
 #77

Cost of living is something everyone should consider and even more so for those of us who can make our living anywhere in the world, but there is more to life than just cost of living, you also have to consider how happy you will be in a certain place. If we look at the countries with the highest happiness ratings we'll often find that they are also among the happiest countries.
It is very true! How much our happiness cost? Can it be paid with money?Sometimes no matter how we can afford all of the expenses for survival but we are not happy then it is just nothing. The cost of living depends on your satisfaction in life. The more you are not contented, the more you wanted anything so the more the amount of money you needed. The higher the cost of living you needed.
Exactly.If you're too ambitious in your life,you really need a higher cost of living.But as for me,i've lived a simple life,so i'm used with all the simple things around me.I really don't think that a high cost of living would matter somehow.Sometimes,a person will only be contented with what he had,his happiness is just felt without any luxury in life.

kauban2018
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April 26, 2018, 10:01:57 PM
 #78

Cost of living is something that is worth for living. Something that you will consider as important and you will cherish. Happiness for me is the real cost of living in this world with people around you who's also worth fightin for. Helping others or sharing your blessings reserve can also be an act of worth living. For me, cost in not just about money but it is something thay you will look forward in order for you to grow like the cost of happiness that actually the most expensive cost of living.
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April 26, 2018, 10:08:29 PM
 #79

hehe, funny thing to try. I would like to compare the cost of my own living in my particular country. This would be an interesting info.
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April 26, 2018, 10:37:57 PM
 #80

Let's discuss where to live
Using this tool you can compare cost of living and it's indicators (Cost of Living index, Cost of Living Plus Rent Index, Groceries Index, Restaurants Index, Local Purchasing Power and etc.) for two cities supported by our dataset.
https://www.numbeo.com/cost-of-living/comparison.jsp
Most people choose often a quite place that is far away from the wake city because living in a wake city like New York and any other major cities that doesn't sleep will cost you a lot of money to live. But if you can manage to live on a city like that then it is up to you but i cannot imagine a place where whenever you move you need a money to make it happen. You were living like a prince/princess if that's what you wanted.

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