Has the Cost of Living grown past your income where you live?  |
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|  I live in South Florida, and over the past 6 years, the cost of living here has gone up at an unbelievable pace. A house that cost 100,000 dollars 6 years ago now may cost up to 300,000 dollars. Gas prices are in the mid 2's. Electric bills are close to 200 dollars in summer months. Homeowners Insurance has gone up 300 percent due to the recent hurricanes the past few years.
I have a very good job in the computer industry, and I get an annual raise of usually 3-5 percent, yet, that raise never seems to do anything but cover cost of living increases.
Has the cost of living gotten out of control where you live?
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| 1. smitty81 (30)
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6 years ago
| | I'm a qualified builder and as such make a decent living. However, my partner and I are in such bad debt that the majority of my wage seems to go towards that and then living expenses, which as you asked, are out of hand. I went away for work the otehr week to a country town and it cost me almost five dollars for a not so fresh loaf of homebrand bread. OUCH! | | | | | | |
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2.  Jemmifire (3407)
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6 years ago
| |  I live in Rhode Island, the cost of living has definitly gotten outragous.
I think our basic needs like food, housing, & heat should be cheap and affordable and anything else should be a bit more pricey. If the basic needs were at least affordable people could live better.
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3.  blueman (6984)
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6 years ago
| |  i do think it has grown to some extent but i think i can manage it, if i am not extravgant and being simple.
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4.  jen20619 (1014)
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6 years ago
| | Yes costs are definitely out of control where I live here Dublin in Ireland.Its all gone soo expensive.People have to make alot more sacrafies like staying in on weekends or watching what there buying in supermakets.An interesting discussion. | | | | | | |
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| 5. abhisree (446)
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6 years ago
| | that is everywhere buddy!!!everywhere we have more expenditure than income..that's life!! | | | | | | |
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| 6. hcprasad (793)
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6 years ago
| | World economy is growing. But the wealth is going into the hands of wealthy persons only. Just this discussion I put about half an hour back.
Water naturally flows down
Wealth naturally flows to wealthy.
Slowly the economy is turning capitalistic. | | | | | | |
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7.  steerforth (1437)
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6 years ago
| |  Here in Italy, from when there is the new money (the Euro), the cost of living is increase at least of 70%!!!
Buy home in Rome is not possible for a normal worker. You must win at the lottery for buy it!!!
I have read on a journal that now in Italy the things for eat cost more than the clothes. Help us...
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| 8. scholastic (559)
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6 years ago
| | i think if u believe economists it happens everywhere..and the reasons inflation and time value of money..and its the results of the way an economy or a country functions..and it happens everywhere..whether in Florida, New York, California, or for that Japan, Russia..and every place u can think of..but yes the rate at which it changes or increases differs from place to place.. | | | | | | |
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9.  sharon613 (2033)
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6 years ago
| |  The market value here in Orlando has softened.
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| 10. jimotman (603)
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6 years ago
| |  yes it has, in Indonesia, since the gas price rised 100% last year, people here are having a very hard time in their life. you know that the gas influence everything, so everything's prices are rising up and up while our salary are still the same :(
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