Victoria 3 is a strategic society simulator where you need to build the ideal society during the period of the 19th century. As you create the society of your dreams, you will need to balance the demands of various economic groups and lead your nation towards stability. The game gives you complete freedom on how you wish to develop your country and extend your influence either diplomatically or militarily as you try to maintain global peace and avoid conflicts.
The standard of living is an important factor that determines the quality of life the people in your country are living and having a better SOL will help you reduce radicals in the population allowing people to become loyalists to the government.
This guide will tell you 3 ways to increase the standard of living in your country.
3 Ways To Increase Your Standard Of Living – Victoria 3
You can check the Standard of Living in your country by hovering over the grain icon in the top corner of the screen.
This will tell you about the number of citizens that are impoverished, secure or prosperous across different income levels of the population. It will also tell you about the average and current standard of living as well as the ranking of your country worldwide.
Improving the standard of living usually revolves around higher wages and you will need to start by improving them in the states where it is the worst.
Having better wages will allow your pops to have more money in their pocket after spending their salary on their needs.
To provide higher wages to workers, you will need to ensure that the buildings that employ them are profitable. You can only provide a better salary to someone when you have enough money and to do that, you need to earn more profits. For example, you can increase the prices of small arms or decrease the price of Iron used in the Arms Industries to earn more profit.
You can also see other industries offering more wages to workers and resulting in a drain of workers from your industry. To lure more workers, you will need to offer them more wages so they can earn more and improve their standard of living.
You can also create a trade route to export more items from your industry or change the production method to make it labour-intensive. If you are having a lot of money then you can simply subsidize the wages through government funds and the standard of living will be improved.
The second method to improve the standard of living is to reduce the price of the products that the consumers love to buy. Since we have fixed the issue of wages, the next thing is to make the products that they purchase affordable.
The lower strata of society are mainly looking to fulfil their basic needs such as food and you need to increase the amount of grain so they can buy food for cheaper.
It is the same with paper and groceries so you will need to increase their amount then people will be able to buy it for cheaper.
You can either import them or construct more buildings to increase the amount of production. Making things affordable will increase the standard of living since they can purchase more of the same commodity.
For the upper strata or the lower strata, it is a bit difficult to handle their needs since they usually spend on more luxurious items other than food such as tobacco and wine.
Access the market menu to check the items that they want and how much more they are paying compared to the actual price of the product.
You can then try to bring more of that product either by increasing production or by importing it from other markets to lower its price.
The third way to increase the standard of living is through laws such as Welfare which includes Poor Laws, Wage Subsidies and Old Age Pensions.
These social security schemes will help alleviate poverty and improve the standard of living especially among the lower strata of society.
That’s it, these are the 3 methods that will help you improve the standard of living in Victoria 3!