Many people in the US have shared online that, they cannot afford to buy groceries or that the price of groceries are shocking. However, this is not the right focus. Prices of groceries in the USA are lower than in Europe, even lower than in low income countries in Europe.
Why is it that Americans can not live comfortably with basically 2x-3x higher paychecks than Europeans, while the prices of groceries are lower than in Europe? Because of absurdly astronomical prices of housing, insurance, education and healthcare. These are the real problems that cause the financial problems and push people into loans and debts.
Why is it that Americans can not live comfortably with basically 2x-3x higher paychecks than Europeans, while the prices of groceries are lower than in Europe? Because of absurdly astronomical prices of housing, insurance, education and healthcare. These are the real problems that cause the financial problems and push people into loans and debts.