Post
Topic
Board Economics
Re: How is the cost of living in your country?
by
Casdinyard
on 17/06/2024, 16:36:36 UTC
Hi Guys,

I'm curious to know if there is a cost of living crisis in your country and if you are feeling the effects of rising goods and services.

I'm Australian, and the inflation rate in 2023 was over 4%.

I have noticed significant increases for everyday essentials like food, petrol and utilities.

The cost of petrol is around $2.10AUD per litre, which is insane.

Let's hope things improve in the near future because the current state of things is unsustainable.
Kinda fucked but if you're an ex-pat that lived in the Philippines with savings back from your homeland you're pretty much set. We got a lot of foreigners here thinking they hit the jackpot (which they did i mean by a long shot) considering from where they live shit is 5-10x more expensive than in the Philippines, if that is your case everything is pretty much cheap and you'll enjoy living here. For most of us though, including those within the poverty line it couldn't be any worse. Shitty living conditions, lack of opportunities to access education in poverty-stricken/maginalized areas of the country, and so much more ugly shit.

Gas is also becoming even more expensive here, we're slowly hitting the 2 dollar mark, which is still cheap I guess for ex-pats but is definitely not the case for Filipinos.

So yeah, Philippines is slowly becoming a xeno-centric country while not giving a single flying fuck about its home-grown citizens.