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How much is inflation these days?

US for 2005 -- 3.4% but I think a fair bit of that is energy cost. Considering the gas and natural gas turbulence, it's probably best to look at it w/o energy as well.
 
i have no clue but i was looking at my cellphone bill
crap there are charges on there that i have no clue wtf they are fore
local communication services-3.75
state commnication service taxes 5.51
federal tax 1.93
county wireless 911 .50
federal univeral service fund 1.25
federal wireless number pooling and portability .15
federal E 911 .40

total is 13.49
holy crap
and thats before the actual bill
lol
makes it almost worth getting the prepaid phone thingy
 
Hiatt, I'm actually curious ... I have NO idea what the inflation rate would tell you (I flunked economics, I have dyscalculia) but what does that really tell you though? Why not take some basic things like that we all have in common:

1. What is the minimum wage in Europe versus USA?
2. What does a kilowatt of energy cost in Europe versus USA?
3. What does the average loaf of bread cost in Europe versus USA?
4. What does a gallon of milk cost in Europe versus USA?
5. What does a gallon of gas cost in Europe versus USA?

I'm actually genuinely curious. From a while back you said you could live on something like 800 or 900 EUR a month ... is Europe THAT much cheaper than the US???

My household/family expenses are about $3,000 US a month ... and I've been told we are NOT extravagent (although I live in a relatively expensive part of the country).
 
In europe the inflation rate is running at just over 2.0% per year, here in the US the rate is running at around 3.5% per year.

1 Euro is = to 1.1908 US dollar right now.

The CPI index for a mixed bag of goods and services have to be compared on a relative basis. For instance to compare living in NYC with London would make sense but to compare Berlin with Oklahoma city would be useless. So the goal would be to compare relative economic bases to one another.
 
WODIN said:
In europe the inflation rate is running at just over 2.0% per year, here in the US the rate is running at around 3.5% per year.

1 Euro is = to 1.1908 US dollar right now.

The CPI index for a mixed bag of goods and services have to be compared on a relative basis. For instance to compare living in NYC with London would make sense but to compare Berlin with Oklahoma city would be useless. So the goal would be to compare relative economic bases to one another.
You're absolutely right ... kilowatts can vary according to how close you are to a power plant ... and a loaf of bread in NYC can be a bit more than in backwoods, nowhere, USA.

I live in the suburb of a major city. What would that equate out to in Europe??? I've never been out of the country, heck, what's the European equivalent of a suburb???

Like I said, economics just goes right the hell over my head ... 3.5% huh ... so why am I stupid in thinking that that theoretically employee wages should be increased by that much yearly just to keep up with expenses???
 
musclemom said:
Hiatt, I'm actually curious ... I have NO idea what the inflation rate would tell you (I flunked economics, I have dyscalculia) but what does that really tell you though? Why not take some basic things like that we all have in common:

1. What is the minimum wage in Europe versus USA?
2. What does a kilowatt of energy cost in Europe versus USA?
3. What does the average loaf of bread cost in Europe versus USA?
4. What does a gallon of milk cost in Europe versus USA?
5. What does a gallon of gas cost in Europe versus USA?

I'm actually genuinely curious. From a while back you said you could live on something like 800 or 900 EUR a month ... is Europe THAT much cheaper than the US???

My household/family expenses are about $3,000 US a month ... and I've been told we are NOT extravagent (although I live in a relatively expensive part of the country).

Don´t underestimate the big differences that still exist between european countries.

I believe working 36 hours a week for minimum wage gets you 1250 euros a month here. so minimum wage is about 8.5 euros an hour. which is 10 dollars.

A loaf of bread is about 1 euro

A kilowatt-hour of energy is about 0.13 euro

milk is sold by the litre, not gallon. Prices differ depending on which retailer you use. They sell the same product, often literally from the same cows in another package. cheapest is about 30-40 cents a litre, so thats about 1.36 euros a gallon.

Gas is about 1.30 euros per liter. thats 5 euros a gallon. thats 6 dollars.

Europe is on average MUCH more expensive than the USA for the following-
buying land
buying real estate
buying cars
buying gas
renting a house or apartment
 
musclemom said:
You're absolutely right ... kilowatts can vary according to how close you are to a power plant ... and a loaf of bread in NYC can be a bit more than in backwoods, nowhere, USA.

I live in the suburb of a major city. What would that equate out to in Europe??? I've never been out of the country, heck, what's the European equivalent of a suburb???

Like I said, economics just goes right the hell over my head ... 3.5% huh ... so why am I stupid in thinking that that theoretically employee wages should be increased by that much yearly just to keep up with expenses???

In Holland we dont really have suburbs, the most suburb-like communities are small towns with slightly less dense populations, that are within commute of a bigger city. Strangely in big parts of europe, the rich live in the inner city and the poor in the outer parts, the reverse of the american town (paris is an example, the thin tall old homes by the canals in old central amsterdam run about a million a piece these days too)

Normally wages ARE raised periodically to keep up with inflation. indirectly anyway.
 
You know, I got a woman
And she lives in the poor part of town
And I go see her sometimes
And we make love, so fine
I put my head on her shoulder
She says, tell me all your troubles.
You know what she says? she says
Daddy you’re a fool to cry
You’re a fool to cry
And it makes me wonder why.
 
4everhung said:
You know, I got a woman
And she lives in the poor part of town
And I go see her sometimes
And we make love, so fine
I put my head on her shoulder
She says, tell me all your troubles.
You know what she says? she says
Daddy you’re a fool to cry
You’re a fool to cry
And it makes me wonder why.
I dont get it
he fucks his daughter who lives on the poor part of town

and he cries?
 
I´m just comparing the rate of my savings account to inflation. basically im losing money since its lower than inflation according to what you guys say

im getting about 2.8% on my savings
 
The guy I replaced at my last job took a position in San Diego for a 50% salary increase, too bad he had to make twice as much to maintain the same standard of living.:lmao:
 
Hiatussin said:
I believe working 36 hours a week for minimum wage gets you 1250 euros a month here. so minimum wage is about 8.5 euros an hour. which is 10 dollars.
A standard work week is 40 hours here. And you're doing good if you get 2 weeks paid vacation. Federal minimum wage in US is currently $5.15 an hour ($6.13 EU). Granted, that's minimum wage. I can't go by what I'm paid because I'm self employed and my husband has been with his current company for 30 years ... maybe some others can weigh in on wages if they're interested.

Hiatussin said:
A loaf of bread is about 1 euro
A loaf of decent bread costs ME about $2.25 or so ($2.68 EU)

Hiatussin said:
A kilowatt-hour of energy is about 0.13 euro
I'm looking at my last bill here ... electricity, after transmission, distribution, and transition charges came out to $.136, about the same as you.

Hiatussin said:
milk is sold by the litre, not gallon. Prices differ depending on which retailer you use. They sell the same product, often literally from the same cows in another package. cheapest is about 30-40 cents a litre, so thats about 1.36 euros a gallon.
My price for milk is ... gotta find a receipt here ... okay, $3.49 a gallon ($4.15 EU), but I buy organic, I think conventional is cheaper.

Hiatussin said:
Gas is about 1.30 euros per liter. thats 5 euros a gallon. .thats 6 dollars.
Gas here is cheaper, about $2.20 ($2.60+/-) or so average I think. But it's gotta be cheaper here, public transportation is pretty pathetic if you're not relatively close to a major city.

Hiatussin said:
Europe is on average MUCH more expensive than the USA for the following-
buying land
buying real estate
buying cars
buying gas
renting a house or apartment
Apartments vary, houses and land are just appalling here, too, and all of it depends on where you're buying/renting. In MY area, a 1 bedroom apartment rents for, anywhere from $650 ($770 EU) to as much as $1200 ($1428 EU) ... in a very MAJOR city, like NY, I can't even imagine.
 
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