Cost of living is costing the life of the living.

In recent years we have seen a rise of #Minimlism lifestyle. People are conteding themselves to basic needs and ignoring unwanted things in life. ***Minimalism is a life philosophy, it is kind of movement that involves living a simple life with fewer but carefully selected things, fewer commitments. While many considered it as a newer fashionable and sustainable approach to lifestyle, but I belive the choice is associated with meeting the rising inflation. Many people are turning minimalist to cut off their expenses and lead a simple life. The #inflation and rising cost of living is certainly causing people to lookout to to alternate way of lifestyle to meet the daily basic needs.

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Cost of Living Index.

Every human needs a basic minimum requirement to live a meaningful life. The basic needs includes Housing, Food, Transportation, Health care, Education, and Utilities. The amount of money needed to cover these basic necessities in a specific area or region over a certain time period is known as Cost of living. The cost of living in different cities in India varies due to factors. Like we do not get similar facilities and civic ameneties such as housing, transportation, food, utilities, education, healthcare, at every area. I have experince the changes in "cost of living" when I opted to shift back to my village. There is drastic change in my expenses. While I do not need to pay any rental expenses, because of my self owned home. There is some major changes as far as foods and vegetable are concerned. Those were available at much cheaper rate then those were available in metropolitan cities of New Delhi.

If we take another example of rental expenses then there is a big difference in different regions. For example,

in New Delhi, the capital city of India, a one bedroom apartment may cost between INR 10,000 to 20,000, while the same apartment in a city near to the capital like Meerut or Faridabad, may cost between INR 7,000 to 15,000. In contrast, owning a home in a capital city can be expensive due to high real estate prices, while owning a home in a non-metropolitan city may be more affordable.

There are few other expenses like Entertainment, or taxes too to consider before comparing the cost of living index between different states within India. I am yet to visit any foreign land to estimate the cost of living of that country. So I find it feasible to compare the difference within India. We always see a major differences between two cities in the same country.

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Relocation Considerstion.

Cost of living information can be useful when comparing cities or when considering relocating. I know many instances during my working days when I was getting a lessor pay packages just to relocate to a non metropolitan cities. As I was based out in New Delhi, relocating to Kolkatta or Hyderabad may fetch me lesor packages while, cities like Bangalore or Mumbai may get me a hefty rise in pay packages. These differences is because of the cost of living index at these placss. A cost of living index can compare the cost of living in a major city to a corresponding metropolitan area. This index incorporates the expense of various living expenses creating an aggregate measure that workforce entrants can use as a benchmark.

When I made the decision to shift to my native place, I was pretty sure, that even earning a minimum amount may help me in sustaining a mindful life. The lifestyle in remote areas are not so expensive as compaired to cities. When I was working and getting a good pay, I was felling short of income. But once I shifted back to village, I find a drastic reduction in my expenses and also sharp fall in consumption of foods and vegetable. The life style is much simple as compaired to cities which allows me sustain easily. It was important factor to consider before I made rhe switch and now living with minimum basic needs.

When we have a limited source of income and multiple source to spend to meet the basic needs , it is better to opt out for a proper planning and cut out on unwanted expenses. We can easily cope up with the rising cost of living at any place.

Peace!!

Namaste @steemflow

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