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Compared to ten years ago: My electric bill is 10x. My water bill is 6x-8x. I live in the same house and have the same consumption then and now. My supermarke
by jjav 6y ago
Compared to ten years ago:
My electric bill is 10x. My water bill is 6x-8x. I live in the same house and have the same consumption then and now.
My supermarket costs are 5x-7x.
So yes, real inflation has been pretty scary the last 10 years. On a silicon valley techie salary I can absorb these costs but it's still a huge increase.
Talking with some friends the other day about this topic, I projected the numbers for the next ten years if things were to continue on this path and the result would be that in ten years I won't be able to pay utilities + food on my salary. So presumably something will change or break, because that's not sustainable.
- sokoloff 6y agoI can’t see how your electric rate (in terms of per unit usage) could have 10x’d in 10 years: https://www.cpuc.ca.gov/General.aspx?id=12057 https://www.cpuc.ca.gov/General.aspx?id=12057 If you weren’t mining BTC in 2011 and are now, well sure your bill could, which I admit is all you claimed.
- marcusverus 6y ago> My supermarket costs are 5x-7x. If the cost of your groceries doubles every ~2 years, you've got yourself a local problem. If this was caused by inflation, it would be the common experience of all Americans. And yet, the price of my groceries today is not noticably different than the price was two years ago.
- UncleMeat 6y agoYour supermarket costs are 5x? Mine are up like 10% over the last six years.
- jjav 6y agoAround $200/mo a decade ago, now always over $1000/mo. Also, in 1990 it was ~$140/mo. Inflation was quite gradual from 1990 to 2010, the last 10 years have been brutal.