Is the Cost of Living the same or lower in poorer countries compared to the USA?

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Is the Cost of Living the same or lower in poorer countries compared to the USA?

2006-07-17 03:05:17 · 3 answers · asked by coloneldax2003 1 in Social Science ➔ Economics

3 answers

Lower overall, but what is your definition of 'poorer'? Some pockets of wealth can result in a high cost of living, at least temporarily, if availability of housing, and other amenities that are dependent on distribution infrastructure are severely limited.

2006-07-17 06:18:40 · answer #1 · answered by Pursuit of civility is important 1 · 1⤊ 0⤋

that all depends on the income in the country compared to the expenses. if cost of living is higher in poorer countries compared to the US, the majority of people will be living in poverty.

2006-07-17 03:12:28 · answer #2 · answered by islandgrl 4 · 0⤊ 0⤋

Lower! they have less money to spend. But per capita the ratio is not so disproportionate.

2006-07-17 03:10:49 · answer #3 · answered by golferwhoworks 7 · 0⤊ 0⤋