As the research shows, Poles only decides about “living on credit” but also have problems with paying off their obligations. Every month, we spend an average of $ 1,572 on maintenance. Three years ago it was $ 976 – an increase of over 60%.

In 2015, when the survey was conducted for the first time, Poles assessed their situation much better than this year. They also estimated lower living costs than those presented in the current report.

Undoubtedly, the increase in the cost of living is felt most by (as much as 82%) people with basic education, performing basic work, low paid. Regardless of the job they do, they have to settle their monthly obligations, which leaves them with an average of less than $ 600 for life.

Pensioners are the next largest group (80%) which suffer the most from the increase in living costs. By receiving a low income in the form of retirement, disability or social benefits, they are often unable to cover the costs of purchasing necessary medicines, whose prices are still rising. After paying their liabilities, the average amount that is available to them is $ 775.

Women manage the family budget and draw conclusions

Women manage the family budget and draw conclusions

Interestingly, women (70%) more often notice an increase in the cost of living than men. This difference is primarily due to the fact that it is women who are responsible for managing family expenses and purchasing current products. Regularly paying bills notice a real increase in prices.

Subsequently, it is natural that they compare rising costs with unchanging (or rising much slower) incomes. Another issue is the fact that women’s salaries are often still lower than men’s in the same position.

Young Poles are more likely to get into debt

Young Poles are more likely to get into debt

According to the survey, the opposite view is given to young Poles entering the labor market, aged 18-24. They declare that they remain at an average level and have not experienced a significant increase in the cost of living over the period considered.

The authors of the study believe that this is mainly due to the fact that they are still supported or supported by parents or using social assistance. What’s more, young people are increasingly reaching for external sources of financing. The total cost of loans for people aged 18-24 is $ 872 million – an increase of 62% in just a year.


Poles are in debt to cover their current liabilities

Poles are in debt to cover their current liabilities

The National Debt Register says that a statistical Polish household spends about $ 706 a month on repayment of current installments of loans and cash loans. For comparison, in 2015 less than $ 440 was spent on this purpose. What’s worse, this phenomenon already affects almost 4 out of 10 Poles. This is a twofold increase in just the last 3 years.

According to BIG InfoMonitor and BIK, only in the second quarter of 2018 Poles’ credit obligations increased by $ 3.74 billion (in the previous quarter the increase was only $ 0.27 billion).

What traveled the most?

money loans

The National Debt Register reports that over the past three years the bills for thermal energy have increased the most (increase by 188%) and waste disposal (+ 93%). Comparing to data from 2015, we also pay much more for gas (increase by 73%), for electricity (+ 65%) and for water (+ 56%). The fees for television and telephone increased the least – only 24%.

Unfortunately, the survey shows that the cost of living in Poland is rising. Therefore, Poles are more and more in debt. Lack of permanent employment, decreasing purchasing power, rising prices of basic products and services as well as disproportionately rising salaries mean that Poles’ credit obligations are currently $ 33.13 billion and are growing faster.

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