Cost of living

The Rising Cost of Living in Canada The cost of living is rising steadily in Canada. The cost of living is defined as the price of keeping a certain standard of living. To calculate it, you need to know the average cost of the needed goods and services to maintain the aforementioned standard of living. The rising cost is caused by many factors, such as: the housing market, gas prices, the weak Canadian Dollar, clothing prices, public transportation costs, and the fact that wages are not increasing fast enough (The Canadian Press). Most of these aspects are inflating, and those that are not, are not decreasing anywhere fast enough to offset inflation. The cost of living is relevant to all Canadians supporting themselves. It is especially important…

Why the Cost of Living is an Important Issue Money is an important matter, whether it’s being consumed or accumulated. It’s no surprise that to some it can be a struggle; in fact, unemployment rates remain high as many are discouraged to find work. Those who do manage to find work are often working paycheck to paycheck in the food prep or service jobs. So why is money important, because it affects various expenses that are needed to live. The reasons why the cost of living is the cost of…

of people relocate to the greater Houston area. For one, more jobs are created in the area than anywhere in the country, with Houston adding two jobs for everyone lost during the last recession. It is also home to 26 Fortune 500 countries. Houston is known for having a medical center larger than downtown Dallas. The city is known for its thriving cultural and restaurant scene, and is home to six major professional sports teams, including the Astros in major league baseball, the Texans of the…

It was interesting to find out that the City had many different collective bargaining units for its employees based on department and function. I also learned that the Cost-of-Living Adjustment increases for protected workers are about 1% higher than for normal employees. This was surprising to me. I had thought Cost-of-Living Adjustment increases would be equal across the board so I asked one of my coworkers in the Budget Division why the increases were different. He explained…

Most of the people who reside in the United States live unrestrictedly, come-and-go as they please, and never experience the boundaries of confinement. Similarly, the majority of these people are likely unable to relate to the conditions that surround inmates who reside in prison. While the bulk of society can only imagine what it is like to be imprisoned, over two million individuals incarcerated in the United States live this reality daily. The convicted find themselves serving prison…

Have you ever wondered what social class do you fall into? Do you consider yourself as rich or as poor? These characters are trying their best to make a decent living. Everyone knows the saying “If you try your best you’ll succeed” we heard it all the time from our parents when we don’t think that we can do it. This saying doesn’t seem to apply to the characters from the Cost of Living by Carlos Fuentes and the main character in Sweat by Jorge Amado. They are trying to do their best to make a…

Implications of Paying Living wages. For long the issue of living wages has been being debated. It has been discussed time and again that if paying minimum wages to the hardworking workers is ethical. Research shows that minimum wage barely provides enough to support a family. This amounts to economic injustice. The income inequality in the American society has kept growing over years. Most of the wealth has accumulated in the hands of the upper 10 percent. It means while the rich are getting…

Have you ever sat down and noticed how much the world is steadily changing each day? How prices have reached their peak, how the ease and accessibility of technology has taken over, and how conservativeness within entertainment is now nonexistent? Studies suggest that, “1978 was the year that the world 's quality of life reached its peak, after which it has gradually deteriorated ever since.” If one was to compare and contrast the years 1978 and 2016 he would notice a drastic difference in the…

Sky-high cost of living - Adjust the linked exchange rate system in Hong Kong The Consumer Price Index of Hong Kong raises over four times since 1980`s(MTR,2014), which means the cost of living in Hong Kong went up with an exaggerated speed. Cost of living is a general term for the price of goods and services required for maintaining an average level standard of living(Business dictionary,2017). Although high cost of living might be common in the world, the situation of Hong Kong differ from…

are university halls on campus, private halls slightly off campus and a number of privately let houses available to students around time. Most students live within the triangle formed by the city centre, the university and the football club and almost all accommodation is available for under £180. For students on a budget, accommodation much cheaper is also available either in halls or private rented accommodation. In terms of bills, many halls of residence include utility and internet as part…