Tuesday, September 9, 2014

Cost of living.

Hi,

These days I have been busy shopping for my trip back to the US of A. Since, the stuff I buy here are way cheaper than there, I think its better I stock my suitcases with some heavy jackets.

What do you think is the cause of lower cost in developing countries? Why are some places so expensive than the others?

Usually its due to the higher tax and production cost in developed countries that makes everything so expensive there. Buying a cup of tea in Nepal costs 20 cents and around 4 dollars in America.

Japan, Singapore are the places with high cost of living, and cities like Delhi and Mumbai have very low cost. Kathmandu, Nepal's capital has comparatively higher cost of living. It can be due to the geographical location, it is a valley and most things needs to be imported from outside.

The cost of living also compliments the earning in most countries. Places with higher cost of living have more income than compared to the other.


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