Who has the cheapest beer prices in the world?

Who has the cheapest beer prices in the world?

An interesting article in The Economist, in honor of Oktoberfest, used data from UBS (the Swiss bank) to compare the cost of a beer around the world.

Before you get all excited and think this is a direct comparison, it isn't. It is a comparison of how many hours a worker earning the median income has to work to buy a half liter of beer.

Many of you live in countries where the price of beer is high. Certainly paying $9 for a German beer at a Strip resturaunt  in Las Vegas may seem excessive. God only knows what the median beer price in Manhattan is.

The funny thing though, is that the cost of a beer in developing countries is the highest and, drumroll please, the United States is the lowest.

So the average worker in India, the highest priced beer, has to work about 55 minutes to enjoy one cold beer. Talk about a national tragedy.  In the United States, you only have to work about five minutes to earn their keep! Germans aren't far behind at number three and are basically tied with the Czech Republic at about 7 minutes per beer.

The Economist article blames, "low wages and high taxes mean that boozers in India must toil for nearly an hour before they have earned enough to quench their thirst."

The average for all the countries was 20 minutes of work to buy yourself a brew, but you can look up your country and see where you stand in relation to the world.

The average worker in India, the highest priced beer, has to work about 55 minutes to enjoy one cold #beer - Click to Tweet!

Category