5 ms·

Would be super curious to learn how cost of living is affecting other countries. I do understand that hn demographics skew higher income, but I feel like here i

Would be super curious to learn how cost of living is affecting other countries. I do understand that hn demographics skew higher income, but I feel like here in Germany almost no one is fully insulated. For me, my expenses after rent and health insurance jumped almost 75%. I don't own a car and generally don't spend much outside of good food and drinks. Things like beef mince is 3 times the price it was a year ago. Cheese and similar products rose by something like 50% at least. Now there's talks about heating bills (often times around 5% of income) rising 7-fold... I'm still quite safe myself, but increasingly feel like this is going to destroy a lot of lives around here, and have major consequences for everyone.

gnulinux 4y ago
This is exactly my experience. My expenses rose >75% even though I'm living a lot more frugally compared to 2021. I live in Boston and everything is just SO F'ING EXPENSIVE! I make ~$130k, I used to save ~$2000 every month before ~March 2022 and I'm now living close to paycheck to paycheck. I understand that there are things I can do better, but life is truly more expensive now.
- JZL003 4y ago
  I live in a similar place and I'm with you. I knew it was inflation but I almost started to believe I just started eating out more or something. But it's a very noticeable jump
mk89 4y ago
I agree with you. These 7-8-9-10% increases are actually much more than that, in my opinion. I understand they need to make an average, but well, it looks like we need maybe other indicators as well? I think just alone the groceries have increased about 20-25% but I might be wrong, though.
- r_hoods_ghost 4y ago
  Assuming you're a USAian you can drill down into the CPI data here (click the bars on the chart) https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category.htm https://www.bls.gov/charts/consumer-price-index/consumer-pri...
xeromal 4y ago
I don't really keep track of inflation in any meaningful way, but my weekly groceries went from about $60USD to about $90USD.
dixie_land 4y ago
do you think Germany is also suffering from Russia cutting off gas pipelines? (eg the 7 fold increase in heating)
- bakuninsbart 4y ago
  Yes, the war in Ukraine is hitting Germany (and Europe at large) twofold, because energy prices are exploding and some key components for agriculture like fertilizer are also getting scarce. The other big issue are the major "cash printing" programs, first due to covid, now due to the war on european soil. Our government, and the governments of the other member states, have been handing out a lot of cash, and this of course hits inflation with some delay.

gnulinux 4y ago

This is exactly my experience. My expenses rose >75% even though I'm living a lot more frugally compared to 2021. I live in Boston and everything is just SO F'ING EXPENSIVE! I make ~$130k, I used to save ~$2000 every month before ~March 2022 and I'm now living close to paycheck to paycheck. I understand that there are things I can do better, but life is truly more expensive now.

JZL003 4y ago
I live in a similar place and I'm with you. I knew it was inflation but I almost started to believe I just started eating out more or something. But it's a very noticeable jump

mk89 4y ago

I agree with you. These 7-8-9-10% increases are actually much more than that, in my opinion. I understand they need to make an average, but well, it looks like we need maybe other indicators as well? I think just alone the groceries have increased about 20-25% but I might be wrong, though.

r_hoods_ghost 4y ago
Assuming you're a USAian you can drill down into the CPI data here (click the bars on the chart) https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category.htm https://www.bls.gov/charts/consumer-price-index/consumer-pri...

xeromal 4y ago

I don't really keep track of inflation in any meaningful way, but my weekly groceries went from about $60USD to about $90USD.

dixie_land 4y ago

do you think Germany is also suffering from Russia cutting off gas pipelines? (eg the 7 fold increase in heating)

bakuninsbart 4y ago
Yes, the war in Ukraine is hitting Germany (and Europe at large) twofold, because energy prices are exploding and some key components for agriculture like fertilizer are also getting scarce. The other big issue are the major "cash printing" programs, first due to covid, now due to the war on european soil. Our government, and the governments of the other member states, have been handing out a lot of cash, and this of course hits inflation with some delay.