Questions tagged [living-cost]

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How can I find which country offers the best income to expense ratio?

Some countries offer good earning, but some of them also have high taxes and living expenses. How can I find which country offers the best income to expense ratio? Is there any index available?
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Cost of living index

Say you have a cost of living index based on the dollar for each state. Such as this one: https://www.forbes.com/sites/chuckdevore/2019/08/06/when-is-a-dollar-not-a-dollar-states-and-the-cost-of-...
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1answer
60 views

Comparing cost of living of one state with that of other states [closed]

In the past I read something like this: If basic expenses for family went from 100€ to 200€ but its wage went from 200€ to 400€ it can expend more than before. Weighting the costs of living ...
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3answers
130 views

Why do you typically have to pay for use of the washing machines while other amenities are free?

I'm looking at apartments and noticed that many offer amenities such as gyms, pools, saunas and hot tubs which are "free" to use by tenants (paid for by the condo fees). However, I noticed that while ...
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0answers
64 views

How Switzerland has significantly high cost of living as compared to its neighboring countries?

Despite being a small country (area-wise), how Switzerland can sustain a high cost of living? I get the logic that the pay of employees would be proportionally higher, so they can sustain a high ...
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1answer
146 views

Would a Job Guarantee impact Cost of Living?

What effect would a job guarantee, a method of achieving full employment often suggested by modern monetary theorists, have on the cost of living? In the case of student loans offered by the ...
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2answers
157 views

Has income inequality ever been solved in societies in the past in terms of what people make to cost of living? [closed]

One thing I've seen many on here whether life style is increasing or poor's wealth is, income inequality in terms of things like food, water, healthcare keep going up, but wages aren't keeping up. ...
112
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16answers
19k views

How will non-rich citizens make a living if jobs keep getting replaced by robots and are outsourced?

Decades ago a factory job could support a wife and kids until retirement and they offered insurance, benefits, etc. Now, no more unions, those jobs as well as tech and customer service jobs are ...
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2answers
37 views

Why do prices of consumer products seem to rise independent of their supply?

For example, in my country, the price of coconuts steadily rises, despite the fact that we still have plenty of coconuts. The same with vegetables. Is this caused primarily by an increase in the cost ...
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3answers
896 views

In the US, do high wages in regions like New York and California offset the high cost of living?

It's well understood that the cost of living in New York City vastly exceeds the cost of living in, say, rural Louisiana. It is also well understood that wages in New York City vastly exceed those in ...