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Iran Faces Soaring Cost Of Living Amidst Escalating Inflation – ایران اینترنشنال

Iran Faces Soaring Cost Of Living Amidst Escalating Inflation – ایران اینترنشنال

The cost of living in Iran has reached staggering levels, with the year-on-year inflation rate for households across the country soaring to 39.8 percent in August.According to a report by Iran’s Labor News Agency, when considering minimum living standards, the cost of living has surged to 194 million rials, equivalent to approximately $400 per month. However, when factoring in housing expenses, particularly in Tehran, the cost of living exceeds a daunting 230 million rials, approximately $460 monthly.Major industrial cities such… 

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