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Wages That No Longer Cover Living Costs in Iran
financialtribune ^ | 1/31/2026 | Feature

Posted on 02/07/2026 1:42:37 PM PST by know.your.why

Recent figures from the Central Bank of Iran highlight the scale of the problem. In the Iranian year 1403 (2024/25), the average annual gross expenditure of an urban household reached about 4.69 billion rials, or roughly 391 million rials per month, marking a year-on-year increase of nearly 38%. Of this amount, close to 30% was spent on food and beverages alone. For an average household of 3.2 people, monthly food expenses exceeded 116 million rials.


TOPICS: Business/Economy; Foreign Affairs; Iran
KEYWORDS: collapse; economy; iran; justlikeamerica; ohnoanyway; stagflation
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https://financialtribune.com/node/119585
Todays Rial to USD:





1 posted on 02/07/2026 1:42:37 PM PST by know.your.why
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To: know.your.why

Certainly helpful for those of us who use the Rial for our daily expenses...


2 posted on 02/07/2026 1:46:24 PM PST by Thank You Rush
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To: Thank You Rush

They’re just keeping it Rial.


3 posted on 02/07/2026 2:08:53 PM PST by desertsolitaire (hite sea. My grandfather shouted warning to anyone who would listen that the Titanic was going to st)
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To: Thank You Rush

ping to me - link bad


4 posted on 02/07/2026 2:11:59 PM PST by Thud
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To: know.your.why

bad link, plus it’s an Iranian production. Google the name. The link will not be fixed.


5 posted on 02/07/2026 2:23:27 PM PST by Thud
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To: Thud
Works for me: https://financialtribune.com/node/119585


6 posted on 02/07/2026 2:56:56 PM PST by know.your.why
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To: Thank You Rush

RE: monthly food expenses exceeded 116 million rials.

That financial advice guy Dave Ramsey is a Trump supporter.

He has several times advocated all out plans for a person in credit card debt and other debt to forget about investing until they clear up the debt.

He says to eat only beans and rice for months while every dollar goes to debt retirement. 🫘🫘🍚🍚

Would work for Iranians and their rials.


7 posted on 02/07/2026 4:36:32 PM PST by frank ballenger (There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls. )
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To: know.your.why

Iran has quite the dilemma: They’ve screwed their water system and don’t have enough to go around. If they pull water from agriculture (the biggest user) then their food prices will go up some more.


8 posted on 02/08/2026 2:00:40 AM PST by Paul R. (Old Viking saying: "Never be more than 3 steps away from your weapon ... or a Uriah Heep song!" ;-))
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