It is true: the cost of living is increasing; by a lot

Cost of living1 It is true: the cost of living is increasing; by a lot

‘Well, I’ve been trying to get my spending in check, but it isn’t easy. Everything has been getting so much more expensive.’

This is what a friend of mine told me the other day when I was telling her that she ought to be able to save.

I’d had the same feeling; it seemed that the cost of living is increasing. Why am I telling you that I’ve had the same “feeling”?

Because I spent most of my life not being interested in what things cost and not being able to remember any prices.

Obviously, I don’t have long term records of prices either: my records go about four years back.

Still, even looking at four years I can tell you that in ALDI things cost more. Look at this (sorry, this is a bit of a random selection but still makes the point):

Cost 2010 Cost 2014
Butter £0.85 £0.98
Pears £0.59 £1.29
Yoghurt £0.49 £0.85
Peppers £0.59 £0.89

 

So you see, take four random things we’ve been buying in the same shop and in the last four years the prices of all have gone up; some more than others.

I don’t need to tell you that the wages have not been going up; not even keeping up with inflation – we (our government) decided that this will be people’s sacrifice on the altar of economic recovery.

The Gods are not listening: maybe they don’t like the sacrifice.

While wondering by how much has the cost of living increased, a message by a guy who spent sometime researching the matter and designing this infographic drop into my box. I had a look and I liked it; so decided to publish it for you.

Like the infographic, not what is happening to the prices of everything around.

It is true, the cost of living has been going up: from your food and the drink in the pub to education and transport.

Have you noticed a change in your living standard? How are you coping?

 

being british infographic politics home version It is true: the cost of living is increasing; by a lot

photo credit: Nina Matthews Photography via photopin cc

Being British: Are Your Costs Escalating – An infographic by the team at vouchercloud

10 thoughts on “It is true: the cost of living is increasing; by a lot”

    1. @Tom: I don’t know about ‘peasant’ but poorer certainly. There are many factors in play; too many to discuss here in detail. These range from speculation (the varied price of oil and housing) through climate change and increasing population (increasing food prices) to political interference (increasing the tax on certain products, not building more houses etc.). The fact is though that all is getting more expensive and this will stretch people who were on the ‘bread line’ in 2010.

    1. @ Rachel: This is correct: it is a double wammy. Particularly for the generation of under 35 year olds in the UK (and probably around the world). There is a similar problem with un- and under- employment all over the world; in fact, the Arab spring had little to do with religion and politics and much to do with the fact that too many young men had nothing to do.

  1. I monitor supermarket prices carefully too. Oddly enough, those Aldi items (2014 prices) are comparable with the 2014 prices at the “regular” supermarkets.

    Products with big price increases, in my experience, include pasta and butter. There are ways around it though: as the prices have increased, so have the budget ranges. I buy value butter now, dip into value pasta and only get my beloved De Cecco (sob) when it is on special offer.

    1. @MissThrifty: Yep, I did notice this as well. Butter particularly because the generic pasta is still rather inexpensive in ALDI. Also, many have been saying that ALDI is not that cheap any longer; suppose for us it is also a convenience – we have a so around the corner so have not driven to a supermarket for ages.

  2. Uh-oh…looks like it is a worldwide kind of thing and that is really frustrating. But it is all the more frustrating from where I come from because if you compare prices from 4 years ago and that is the increase, you’d be shocked at how prices have changed in this part of the world from only months ago.

  3. It can be quite frustrating that the cost of living is increasing so much without wages following, and that’s certainly the case here in Canada too. There’s not much we can do about it though, except for try to scale back and cut things from our budget.

  4. It’s so frustrating when you aren’t changing your shopping habits, yet it costs more and more each week – an interesting picture painted within that post. Not much we can do about it really, just monitor and adjust if we can.

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