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Iran’s Economic Meltdown: Minimum Living Costs Soar to 50 Million Tomans Amid Runaway Inflation - Iran News Update

Summary by Iran News Update
Workers’ Wages Now Worth Less Than a Kilo of Rice In a stark admission of Iran’s deepening economic crisis, the state-run ILNA news agency reported on Sunday, July 20, that the minimum cost of living for a family has surged to nearly 50 million tomans per month. According to the outlet, the basic subsistence basket that was estimated at 28 million tomans in March has now crossed 48 million tomans, rapidly approaching 50 million. ILNA’s report hi…
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Iran News Update broke the news in on Monday, July 21, 2025.
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