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Author Topic: How is the cost of living in your country?  (Read 2028 times)
Fesatmas
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January 22, 2023, 10:52:23 AM
 #61

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.

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January 22, 2023, 12:14:51 PM
 #62

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.
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January 22, 2023, 12:34:03 PM
 #63

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.
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.

 
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January 22, 2023, 02:26:41 PM
 #64

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.
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.

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Sayeds56
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January 22, 2023, 03:23:58 PM
 #65

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.
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.

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.
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January 22, 2023, 03:55:21 PM
 #66

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.

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.


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January 22, 2023, 04:54:02 PM
 #67

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.

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January 22, 2023, 07:19:32 PM
 #68

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.

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.
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January 22, 2023, 10:42:42 PM
 #69

I am a 32 year old male living in Australia.

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

Quote
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%.

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.

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

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

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January 22, 2023, 11:09:51 PM
 #70

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.
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
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January 23, 2023, 10:33:32 AM
 #71

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.

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.
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January 23, 2023, 11:00:32 AM
Merited by fillippone (2)
 #72

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.
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

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January 23, 2023, 05:45:41 PM
 #73

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.
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.
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January 23, 2023, 08:26:40 PM
 #74

I am a 32 year old male living in Australia.

Today I purchased some fresh fruit, a loaf of good bread, good quality milk and 2kg of chicken drumsticks for my German Shepherd (he eats human food only) and the cost was close to $50.

I feel this is the first time in my adult life I have genuinely noticed the rising cost of goods and services especially groceries.

Petrol is over $2.10 a litre and my water and electricity bills have also increased by about 15%.

I really feel bad for the elderly pensioners in this country. They are definitely struggling.

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


If only there was a way for me to go back in time to when I could buy a crate of eggs (usually 30 pieces) for less than a dollar, now it has 5x in my country, you need nothing less than $5 to buy a crate of eggs, things are so expensive in the sense that the money we earn these days is below minimum wage, you can't do anything tangible the very moment you receive your paycheck, and it is killing the citizens, this recession is not limited to some countries, it is worldwide.

Inflation began when we went under absolute lockdown, and it is still going on right now even after everywhere is opened. The stock market is a testimony that we are all screwed from that time, but it appears that we were all misled by the 2021 market pump, or should I say recovery, that everyone hyped so hard.

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

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

For example, the price of sour cream does not change over time.  However, earlier, 1 dollar could buy 500 grams of sour cream, then 400 grams, and now only 330 grams.

 
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January 23, 2023, 08:53:09 PM
 #75

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.

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.


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January 23, 2023, 09:31:17 PM
 #76

I am a 32 year old male living in Australia.

Today I purchased some fresh fruit, a loaf of good bread, good quality milk and 2kg of chicken drumsticks for my German Shepherd (he eats human food only) and the cost was close to $50.

I feel this is the first time in my adult life I have genuinely noticed the rising cost of goods and services especially groceries.

Petrol is over $2.10 a litre and my water and electricity bills have also increased by about 15%.

I really feel bad for the elderly pensioners in this country. They are definitely struggling.

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


If only there was a way for me to go back in time to when I could buy a crate of eggs (usually 30 pieces) for less than a dollar, now it has 5x in my country, you need nothing less than $5 to buy a crate of eggs, things are so expensive in the sense that the money we earn these days is below minimum wage, you can't do anything tangible the very moment you receive your paycheck, and it is killing the citizens, this recession is not limited to some countries, it is worldwide.

Inflation began when we went under absolute lockdown, and it is still going on right now even after everywhere is opened. The stock market is a testimony that we are all screwed from that time, but it appears that we were all misled by the 2021 market pump, or should I say recovery, that everyone hyped so hard.

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

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

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

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January 23, 2023, 10:48:23 PM
 #77

I am a 32 year old male living in Australia.

Today I purchased some fresh fruit, a loaf of good bread, good quality milk and 2kg of chicken drumsticks for my German Shepherd (he eats human food only) and the cost was close to $50.

I feel this is the first time in my adult life I have genuinely noticed the rising cost of goods and services especially groceries.

Petrol is over $2.10 a litre and my water and electricity bills have also increased by about 15%.

I really feel bad for the elderly pensioners in this country. They are definitely struggling.

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


If only there was a way for me to go back in time to when I could buy a crate of eggs (usually 30 pieces) for less than a dollar, now it has 5x in my country, you need nothing less than $5 to buy a crate of eggs, things are so expensive in the sense that the money we earn these days is below minimum wage, you can't do anything tangible the very moment you receive your paycheck, and it is killing the citizens, this recession is not limited to some countries, it is worldwide.

Inflation began when we went under absolute lockdown, and it is still going on right now even after everywhere is opened. The stock market is a testimony that we are all screwed from that time, but it appears that we were all misled by the 2021 market pump, or should I say recovery, that everyone hyped so hard.

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

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

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

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January 23, 2023, 10:55:09 PM
 #78

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.
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.

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January 23, 2023, 11:07:21 PM
 #79

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.
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.

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January 23, 2023, 11:24:12 PM
 #80

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 .

.
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.30+  ALTCOINS AVAILABLE..
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