[-]steamsteem (54) · 8 hours ago

Yes, 3 sbd can be a great (or little) amount of money, depending on your situation.

According to the current exchange rate here in Korea, 3 sbd will buy either:

Ten packets of ramyon (instant noodles), i.e. ten self-cooked, quite satisfying meals for three days plus an extra;

Two light meals, including service, from cafeteria-like restaurants;

or, one relatively formal meal, including service, from an ordinary restaurant.

On the other hand 3 sbd may not be enough for a cup of coffee, with service, at some expensive coffee shop.

I guess a high general income, or GDP, means high living costs.

Here in Seoul, the real estate pricing and costs of living on an everyday level may be twice as high in one village than another just 2 kms apart, separated by a single main road.