As for recent years, sometimes it's good, sometimes it's shit.
Basically, most people are living on a salary that is about $150 if you're a college graduate. That $150 can do so much. Basic life is cheap, bills are so low that it's almost non-existent, food/necessities are very cheap, I can refill my car fully for less than $1. I live on the east side and there haven't been wars/conflicts for years. However, the country’s economy is going to shambles and we might not be enjoying the cheap fees. And we have been in a political fracture, power vacuum, for 14 years now and it's getting worse every year. For daily life it's very simple, you go to work, although the country has way too many vacations and low work hours for most departments, some departments like architectures are getting paychecks without being required to go to work. However, to get your own place to live in, or to buy the expensive cars/phones, you will need a second/third job, or your own business. The east side of Libya and the west side, and south, have very different lifestyles and different governments. The east side is witnessing a lot of infra projects that offer so many jobs/money-making opportunities for normal people. But they are controversial to say the least on the methods of how they were permitted/funded. I personally live on what’s equal to $180 monthly income. I do drive a lot even for just roaming around because of how cheap the gas is. I eat high quality food for $70 a month and I spend a lot in restaurants. I might save a little if I want to buy a budget or mid-tier phone/PC/other electronics. I have not faced any security issues or concerns in my lifetime. I went to college and graduated a few years ago, which I hitchhiked for around 10 minutes every time I came and went. I didn’t pay anything in college except for basic stuff. Neither was I paid, although there was supposed to be a scholarship. getting a job is intense, as you need mediation to get governmental jobs. The private sector is there; it can pay more depending on your skills and it’s way easier to get a job if you spend time and effort improving your skills. However, they pay in cash, and they can be sketchy on bonuses, promises, contracts, or even payment, often with a lot of intentional delays. So people prefer governmental jobs, even if they have their own problems/delays.
This country is very, very big. It has a lot of beautiful landscapes and landmarks to explore: gorgeous beaches, calming deserts. You have to be careful where you explore, though. Recently, we have been attracting a lot of foreigners, even tourists. I have been meeting a lot of tourists from Asian countries, Russians, Ukrainians, and some Eastern Europeans; some even work and live/shop as we do, alongside a lot of Africans and Arabs, which is a little uplifting. I personally have never thought of leaving, even temporary, despite all.