MiliMil (OP)
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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.
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BRINIRHA
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January 19, 2023, 06:12:47 PM |
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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.
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dothebeats
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January 19, 2023, 06:54:51 PM |
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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.
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slapper
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January 19, 2023, 07:11:51 PM Last edit: July 24, 2023, 05:42:32 AM by slapper |
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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.
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Die_empty
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January 19, 2023, 07:20:00 PM |
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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.
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Synchronice
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January 19, 2023, 07:26:58 PM |
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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.
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.
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stompix
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January 19, 2023, 07:49:09 PM |
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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) I would be curious to read of the experiences others around the world are having in regards to their cost of living.
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 $300-400 a month are feeling when reading this! People can't afford onions and your dog is picky! In my country, maybe it is a country that has a fairly cheap price of staples or daily necessities. because the price of chicken meat here is only 2.5 dollars per Kg. and the price of rice is only 0.7 dollars per Kg. and for vehicle fuel only 0.89 dollars per liter. But what should be the benchmark is the purchasing power of the people themselves.
Yeah but for the purchasing power there is more thing, let's compare the average wage in Australia and Indonesia and see how many kilos of chicken meat or gallons of gas each can afford! Even at 7$ (usd/ not aus) per per kilo for meat, do you think the average wage is just 1/3 to compensate? It's closer to 10!
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LoyceMobile
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January 19, 2023, 08:40:34 PM |
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Petrol is over $2.10 a litre and my water and electricity bills have also increased by about 15%. You have no idea how lucky you are ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Here electricity prices went up about 2000%, although it dropped like three quarters again. It's still very high.
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Captain Corporate
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January 19, 2023, 08:49:44 PM |
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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).
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carlfebz2
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January 19, 2023, 08:57:51 PM |
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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.
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MiliMil (OP)
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January 19, 2023, 09:00:38 PM |
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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).
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.
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JoyMarsha
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January 19, 2023, 10:11:56 PM |
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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
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letteredhub
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January 19, 2023, 10:35:21 PM |
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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.
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!
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Ndabagi01
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January 19, 2023, 10:59:42 PM |
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I feel this is the first time in my adult life I have genuinely noticed the rising cost of goods and services especially groceries.
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.
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Hydrogen
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January 19, 2023, 11:42:45 PM Last edit: January 19, 2023, 11:57:43 PM by Hydrogen |
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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.
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Davidvictorson
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January 19, 2023, 11:43:12 PM |
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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.
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blockman
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January 19, 2023, 11:56:04 PM |
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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.
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.
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January 19, 2023, 11:59:01 PM |
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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. especially groceries. 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.
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boyptc
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January 20, 2023, 01:29:44 AM |
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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.
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uneng
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January 20, 2023, 01:55:43 AM |
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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 $50.
Wow! Are those goods made of gold? ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Let's try to compare, although you didn't mention the weight or amount of each product you bought, with the exception of chicken. 12 bananas - 1,35$ 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? Petrol is over $2.10 a litre and my water and electricity bills have also increased by about 15%.
Gasoline is about 1$ a liter here right now. I don't know how much electricity and water bills have increased, though.
Maybe you could try looking for cheaper supermarkets where you could buy the same goods for a cheaper price?
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