How much does life costs where you live?

Discussion in 'Economics' started by Debaser82, Oct 29, 2011.

  1. Hey! I got a good idea. You want to play Who's the Biggest Man at the Table?

    Mine goes all the way to Saint Louie!

    when people start talking about not wanting to live in mixed neighborhoods, I thought we already were down to P&R or something worse

    What's life have to do with economics anyway?
     
    #71     Oct 31, 2011
  2. If you can prove to me you're 100% pure I'll let you in my neighborhood. Well, it's not really a neighborhood, it's more like a dog show.
     
    #72     Oct 31, 2011
  3. So how much does life cost where I live? Depends on your family background.
     
    #73     Oct 31, 2011
  4. missed out most of the Capital Gains tax example for Canada:
    "Currently 50.00% of realized capital gains are taxed in Canada at an individual's
    tax rate. Some exceptions apply, such as selling one's primary residence which
    may be exempt from taxation.[2] Capital gains made by investments in a Tax-
    Free Savings Account (TFSA) are not taxed.
    For example, if your capital gains (profit) is $100, you are only taxed on $50 at
    your marginal tax rate. That is, if you were in the top tax bracket, you would be
    taxed at approximately 43%. A formula for this example using the top tax bracket
    would be as follows:
    Capital gain x 50.00% x marginal tax rate = capital gain tax
    = $100 x 50.00% x 43% = $50 x 43% = $21.50
    In this example your capital gains tax on $100 is $21.50, leaving you with $78.50.
    The formula is the same for capital losses and these can be carried forward
    indefinitely to offset future years' capital gains; capital losses not used in the
    current year can also be carried back to the previous three tax years to offset
    capital gains tax paid in those years."
    from: 'Capital gains tax' — by country: http://en.wikipedia.org/wiki/Capital_gains_tax
     
    #74     Nov 1, 2011
  5. shit this is so much cheaper than having a trophy gf minus the constant bitching, where do you live lol
     
    #75     Nov 8, 2011
  6. zdreg

    zdreg

    update: 73rd place
    if you add in that the retail scene e.g.sales + sales is the most competitive in the world the cost of living would rank new york even lower.
    http://www.xpatulator.com/
    is the drop due to $US falling?
     
    #76     Jun 23, 2012
  7. mm19

    mm19

    I live in Sydney, AU, here it goes.

    Average monthly salary:4k US net.

    2 bedroom apartment rent: 2K$ p/m

    Average house price: 600K$

    Big Mac Menu: ???? USD

    Volkswagen Golf: ??? K

    1 Galon of gas: what is gallon? 1.4us per litre

    1.5 Liter bottle of Coke: no idea

    Healthcare a year: 1,5% of gross salary

    Doctor visit: 0 USD

    Plummer visit: no idea but i heard up to 2k a day

    School a year: 0 USD

    University: 5k USD

    Sydney expensive place.

    Need around 400k gross to live fine per family.
     
    #77     Jun 23, 2012
  8. Oslo, Norway.

    Way too expensive. :)
     
    #78     Jun 23, 2012
  9. How long you could sustain your current lifestyle (same expenses) if your income stopped, today.
     
    #79     Jun 24, 2012
  10. that's entirely up to visa and mastercard, I already blew through my 401k, my IRA, my savings, and the goodwill of my family.

    My lifestyle is not that extravegant, so I could probably maintain it in a homeless shelter, but I would really miss the private bathroom. Just cleaned it today and it is spotless.
     
    #80     Jun 24, 2012