Post
Topic
Board Economics
Re: How Much Does Food Cost in Your Country?
by
LesterD
on 14/11/2023, 14:37:45 UTC

For comparison, may I ask how much a standard meal in your country costs for one meal? what is the standard food menu? What is the average monthly and annual income in your country? Please those who answer can use calculations in USD


With $2 you can have a full meal including drinks in my country. This is for one person and for basic food idea. If you go little bit higher like $4 you can get one of the popular meals on my continent drink included. I was referring to soft drinks not any alcohol. If you can cook your meal at home, you can cut this cost in half. I think you already got the impression that the average income isn't that high in our country. For lower-class people the monthly wage is around $150; for middle-class people, it's $250 to $300.
If food costs $2-$4 per meal, it will cost $6-12 per day. there, one person will spend $180-$360 per month. If one person costs $180-360, how much can it cost to run a family? Such expenses can be called huge expenses. Now almost all countries have high prices of food products, but in some countries, even though the prices of food products are high, there is a high level of income due to which both income and expenditure are minimised. Compared to other countries, the price of food products in Bangladesh is very low, but the per capita income here is also very low and that's why we think living in our country is very expensive.
Not really. The countries with high levels of income have a high cost of living. Even with a stable job and a good salary offer, people around the world try to find an additional job to come up with the cost of living. Based on your computation, a meal a day for an individual will cost around $12/day and up to $360 a month. It does not end there, there are other expenses and also the rent expense. You won't believe how high is the rent in other countries.