21 sats \ 5 replies \ @bitalion 9 Sep \ on: Cost of living in your area? meta
I live in Cuba, and after COVID and a series of failed economic measures, this is the price of these services. Mobile data internet: (cheapest plan) 110 CUP = 0.34 USD (1.4GB) Home Internet (cheapest plan) 300 CUP = 0.94 USD 40 hours Haircut 150 CUP = 0.47 USD Coffee (cheapest) 50 CUP = 0.16 USD Gasoline 132 CUP = 0.41 USD Large pizza 500 CUP = 1.56 USD Anyone would say that it is wonderful to live with these prices, but the reality is that the average salary in Cuba, not to mention the minimum, is 4648 CUP = 14.53 USD using the informal currency market rate. You don't have to be a mathematician to know that it is one of the most expensive places in the world.
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0 sats \ 4 replies \ @Catcher 9 Sep
It looks like the cup/usd rate is artificial, do you have a black market rate?
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0 sats \ 3 replies \ @bitalion 9 Sep
That is the price according to the informal market rate 320 x USD
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0 sats \ 2 replies \ @Catcher 9 Sep
Ok, but if I come as a tourist I will get official rate which is 24 and the hair cut will cost me 6.25 USD in this case?
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21 sats \ 1 reply \ @bitalion 9 Sep
If you come as a tourist it is 125x1, although there is 24x1 but it is only at the company level.
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42 sats \ 0 replies \ @Catcher 9 Sep
Wow, that's crazy, so roughly 30.000 sats will get you average monthly salary in Cuba? If this is true, all Cubans must start posting on SN asap to earn these sats:)
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