How is the cost of living in your country?

[tjtonmoy]

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

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

[DaNNy001]

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.

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

[bittraffic]

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.

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

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

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

[Furious 7]

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

[Issa56]

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

[Fatunad]

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

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

[el kaka22]

Cheap if it would be compared with expenses in ither countries but expensive because of the minimum wage salary.

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

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

[capedbaldy]

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

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

[qwertyup23]

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

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

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

[zaki12]

Where I live it's still pretty cheap for groceries and services as $50 is enough to live on for five days if it's just by yourself. Because here, for the cost of daily meals without electricity and water bills, you can just have as much as $6 and that includes one liter of motor gasoline a day. So it's still cheaper here if I compare it to what you told me, even though I also feel the increase in food and service prices from last year until now, but I can still deal with it comfortably by continuing to work and make money so I can live without going hungry.

And maybe I wouldn't be able to live in Australia if the cost of living was that much because $50 is very precious money to me and I would be very grateful if I could make that much money in a day, because I can spend some of it on food and some of it on saving for brighter future. So I can't imagine the amount of spending there (Australia) with the amount of money I spend here on a daily basis.

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

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

[Rockstarguy]

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

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

[autumnleaf]

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

[browsiek]

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

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

[Minecache]

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.

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

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

[AicecreaME]

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.

I definitely agree with you.

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

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

[Kakmakr]

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

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

[Tamaperdana]

I am a 32 year old male living in Australia.

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

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

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

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

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

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

[capedbaldy]

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

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

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

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

[STT]

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

[TribalBob]

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