Friday, July 18, 2008

High Cost Of Living

Recently things have been going up. It can be pretty depressing for many people since out of so many things that is going up, the salary that comes in every month is still basically the same. One prominent increment which people will notice is the increase in the erection of erp gantries. If you are complaining, well wait a while longer, because more gantries are gonna open. There will be a total of 65 gantries operating by this year. Well recently, i just went to CHEC to compile some papers. Taking the usual AYE>>ECP>>exit rocher, it cost $3 to enter Bugis.


probably in due season, we shall see erp coming to a place near you

Maybe next time, we all have IU unit attached to us like a watch and we can pay when we take the lift up, this is also to prevent congestion and overloading the lift.

Petrol Prices have been skyrocketing since last year, of course recently it dropped by 4 cents. but whats 4 cents compared to 13 increment since last year?

As of this blogpost, Grade 95 is going at $2.206/litres. Just last year it was averaging at around $1.6

february 2007 advert for SPC(notice there is even a site discount)

Well, the increment of Petrol Prices ignite the increment for Cab fares.

Remember the time we would talk about taking 240 which literally means taking cab(flagdown price is $2.40)?
well, right now numbers have changed from 240 to 250 to 280 to 300 now 330
for those that hasnt been observant, cab fares are now in multiples of 20cents instead of 10 cents
as they go by increment of every 20 cents for every 385 metres
compared to the old 10 cents for every 210metres

well a better picture but not the most updated one will be as follows



Okie the word to use now is 'inflation', you dont need to hear the word from a degree holding economist but anyone on the street has this word in their mind. Kindly note that peak hour has long been changed from $2 to 35% of fare.

Well car prices are also pretty steep in terms of international standards



Nissan 350Z AT
350Z 3.5 AT (I)

S$161,000.00

as quoted from Nissan Singapore
http://www.nissan.com.sg/finance/calculator.cfm

same car is quoted $47292 cad in
http://www.canadiandriver.com/PricingGuide/Trim.php?ModelId=1766&Year=2006

same car is quoted $28510 USD in
http://www.nissanusa.com/z/

mind you these cars dont have to bother about the 10 yrs expiry date offered by LTA


okie buying homes to stay has always been high and still slowly escalating.
your typical tze char has increased from $3 to $3.50
while your roti prata has increased from $0.60 to $0.80
coke at coffeeshops are slowly following the trend by increasing to $1.30

Okie electrical bills have been skyrocketing also
due to the oil barrel increment, electricity tariff have been adjusted again and again
a search in www.singaporepower.com will show that

Before July 2005 rates are 16.06 cents per KWH
July- Dec 2005 18.26 cents per KWH
then it was 20.52>>21.88
current rates from July 2008 stands at a whopping 25.07 cents per KWH

things looking bleak, its has been announced that employers are told not to offer increment as a solution for inflation, well offering increment will result in employers getting more foreign talents to serve the roles of fellow singaporean, leaving the unemployment rate to go up so this is perfectly logical. Unemployment rates up and employees getting a far less deal than desired will result in drained out of local talents. So much things have increased, i cant really catch up with all the increment...

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