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Author Topic: How is the cost of living in your country?  (Read 2028 times)
Oilacris
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April 18, 2023, 11:55:09 PM
 #241


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.

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April 19, 2023, 01:24:10 AM
 #242

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
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.

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
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April 19, 2023, 06:09:20 AM
 #243

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.

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April 19, 2023, 11:07:09 AM
 #244

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.

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.
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.

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April 19, 2023, 11:10:42 AM
 #245

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.

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.
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.

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April 19, 2023, 11:23:45 AM
 #246

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.
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.

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DevilSlayer
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April 19, 2023, 11:47:28 AM
 #247

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.
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April 19, 2023, 01:05:53 PM
 #248

I would be curious to read of the experiences others around the world are having in regards to their 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.
Quote
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.

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.

R


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April 19, 2023, 01:28:05 PM
 #249

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.

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.
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.

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.

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April 19, 2023, 01:45:23 PM
 #250

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.
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.
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

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April 19, 2023, 02:21:32 PM
 #251

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.
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.
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.

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April 19, 2023, 02:28:55 PM
 #252

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.
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.
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

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April 19, 2023, 02:40:01 PM
 #253

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.
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.
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

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.

 
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April 19, 2023, 03:24:25 PM
 #254

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.

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April 20, 2023, 02:52:29 AM
 #255

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.
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.
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
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.

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April 20, 2023, 03:32:15 AM
 #256

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.
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.
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.

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.

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April 20, 2023, 03:57:09 AM
 #257

and now in every country an individual needs at least $150-$250 monthly to live
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.

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April 20, 2023, 04:09:07 AM
 #258

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.
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April 20, 2023, 04:14:30 AM
 #259

and now in every country an individual needs at least $150-$250 monthly to live
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.

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.
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April 20, 2023, 04:41:11 AM
 #260

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.
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.

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████▄     ▄█████▄     ▄████
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███▀    █████████████    ▀███
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▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
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..PLAY NOW..
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