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by atox
4573 days ago
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Thanks for the insight Omar. I moved to Hungary, so not really a third world country. I've only been living here for ~3 months so my estimate might be of by a bit. 1) I don't really need a car since public transport here is ok. However I do own one. I cut my car costs to a minimum by changing from a sports car to a 10 year old Ford Focus. 2) I have an accountant that costs about 300 euros per month right now, is one of the bigger costs that I have right now. Am gonna try do take on most marketing tasks myself. 3) I never accounted for inflation so far. This might be something that I have to look into a bit more. |
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1- Public transport is really huge. A car is a very expensive thing (especially a new one).
2- Car prices are two times higher than in developed countries. This is due to importing restrictions. Old cars are crazy expensive. My car appreciate just one week after I bought it by 8%.
3- This one is huge. In an unstable economy, it's not abnormal to see a sudden raise of 300% in some consumption good.
I do also assume/think that Hungary has an acceptable health care, too. Public health care here is another NO.NO. here. (ps the country is Tunisia).
otherwise, what are rents there like? It'd cost around $1,000/month to rent something respectable here.