A survey published by MISCO on public perception in regards to cost and standard of living as well as income levels shows how these factors became a major issue for an overwhelming majority. Around 86% of survey respondents revealed that the cost of living has increased since the last three years, with only 1% saying I decreased. With 13% stating that it remained relatively the same, around 26% mentioned cost of living when asked what is the main problem they face personally.
Asked about whether they are living as comfortably as they wish with their earnings, 59% of respondents reported that this is not the case. By comparison, 36% replied they are living comfortably with 5% not expressing an opinion. Around 67% of female respondents reported they are not living as comfortably as they wish, echoed by 69% of people aged over 65. 56% reported that they are earning the same as they did three years ago, with 24% stating they are earning more and 20% reportedly earning less. Around 400 persons participated in the survey, conducted by telephone in the last week of August.
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Photo Source: Oxford Mail