To understand how much South Africans can afford on the minimum net wage, Picodo created the “survival basket” consisting of eight groups of products: bread, milk, eggs, rice, cheese, meat, fruits and vegetables. <\/p>\n\n\n\n
Although the products are modest, in the given quantities, they can meet the nutrient requirements of an average adult each month. <\/p>\n\n\n\n
The total cost of the survival basket at the start of 2024 is R1,503 – 6.07% more than the last year. <\/p>\n\n\n\n
This amounts to 34.5% of the net minimum wage in 2024 – an improvement from 35.6% of the minimum wage in 2023. <\/p>\n\n\n\n
“This means that the increase in South African minimum wage kept up with the rise of food prices,” Picodi said. <\/p>\n\n\n\n
The breakdown of the food products can be found below: <\/p>\n\n\n\n
- \n
- Milk (10 litres) \u2013 R187<\/li>\n<\/ul>\n\n\n\n
<\/p>\n\n\n\n
- \n
- Bread (10 loaves, 500 g each) \u2013 R168<\/li>\n<\/ul>\n\n\n\n
<\/p>\n\n\n\n
- \n
- Rice (1.5 kg) \u2013 R39<\/li>\n<\/ul>\n\n\n\n
<\/p>\n\n\n\n
- \n
- Eggs (20 pcs.) \u2013 R61<\/li>\n<\/ul>\n\n\n\n
<\/p>\n\n\n\n
- \n
- Cheese (1 kg) \u2013 R127<\/li>\n<\/ul>\n\n\n\n
<\/p>\n\n\n\n
- \n
- Poultry and beef (6 kg) \u2013 R595<\/li>\n<\/ul>\n\n\n\n
<\/p>\n\n\n\n
- \n
- Fruits (6 kg) \u2013 R147<\/li>\n<\/ul>\n\n\n\n
<\/p>\n\n\n\n
- Fruits (6 kg) \u2013 R147<\/li>\n<\/ul>\n\n\n\n
- Poultry and beef (6 kg) \u2013 R595<\/li>\n<\/ul>\n\n\n\n
- Cheese (1 kg) \u2013 R127<\/li>\n<\/ul>\n\n\n\n
- Eggs (20 pcs.) \u2013 R61<\/li>\n<\/ul>\n\n\n\n
- Rice (1.5 kg) \u2013 R39<\/li>\n<\/ul>\n\n\n\n
- Bread (10 loaves, 500 g each) \u2013 R168<\/li>\n<\/ul>\n\n\n\n
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