You are viewing a single comment's thread from:

RE: The Cost of NOT Understanding "Cost Of Living" - Lessons Parents Need to Teach Their Children

in LeoFinance3 years ago

I agree. If you don't know what you are spending your money on and how much you are spending, it is hard to make adjustments if tough times?

I am from the United States. I live in a part of the US called the Midwest, which typically has a lower cost of living than the coastal areas of the US. There are a lot of factors that influence prices.

It would be really challenging to pinpoint all the factors that would impact the price difference between where we live. Transportation cost, drought, strikes, etc are some of the factors that could cause the 10 to 30% price difference.

Thanks for stopping by!