Newport Community
Fri December 27, 2024
Cost of Living Rising!
Posted by Administrator : Tuesday 12th March 2013
COSTING US OUR LIVELIHOOD? It is estimated that the cost of living looks expected to continue to rise this year with stable incomes versus increasing costs of everyday household items. In recent years the cost of living has been as high as 5 times more than wage rises.
It is important for any household, family or local business to keep costs low. Many have had to give up on certain luxuries and buy alternatives. In the current economic climate this does not look set to change any time soon and if anything it could get worse.