bne:Chart – CEE has cheapest cities to drink beer

By bne IntelliNews June 30, 2015

Henry Kirby in London -

 

Krakow, Kyiv and Bratislava have taken the crown as the three cheapest cities in the world for beer, according to a study by travel price comparison site GoEuro.

Its Beer Price Index measured the prices of 33cl beers in supermarkets and bars across the world, using a basket of the five most popular imported beers in the world alongside the main local brew in each country.

Krakow and Kyiv both had an overall price per beer of $1.66, with Bratislava following closely at $1.69. With Belgrade in eighth place, Central and Eastern European (CEE) cities made up four of the ten cheapest spots for beer.

Geneva was the most expensive city measured by beer price, as the first bne:Chart shows. The recent appreciation of the Swiss franc now means that, at $6.32 a bottle, a round of three beers would leave you with little over a euro in change from €20. In Krakow, the same amount would get you ten beers and leave you with enough change for some frytki on your (wobbly) walk home.

While Delhi sat in fifth place overall in the Beer Price Index at $1.75 a bottle, the average annual consumption there is only 6 litres, less than one 20th of Krakow’s 127 litres. On this measure, Bucharest comes out on top, at 133 litres consumed per person, per year – over one 33cl beer every day of the year.

CEE’s love for beer is even more apparent when each city’s average annual expenditure on beer per person is taken as a percentage of its country’s per-capita GDP. Using this measure, ten of the top-20 cities in the world are from CEE, as the second bne:Chart shows. Both Kyiv and Bucharest spend over 12% of their annual incomes on beer.

Explore the global results of the Beer Price Index using the interactive map below. Hover over a city for further information.

Related Articles

Drum rolls in the great disappearing act of Russia's banks

Jason Corcoran in Moscow - Russian banks are disappearing at the fastest rate ever as the country's deepening recession makes it easier for the central bank to expose money laundering, dodgy lending ... more

Kremlin: No evidence in Olympic doping allegations against Russia

bne IntelliNews - The Kremlin supported by national sports authorities has brushed aside "groundless" allegations of a mass doping scam involving Russian athletes after the World Anti-Doping Agency ... more

PROFILE: Day of reckoning comes for eccentric owner of Russian bank Uralsib

Jason Corcoran in Moscow - Revelations and mysticism may have been the stock-in-trade of Nikolai Tsvetkov’s management style, but ultimately they didn’t help him to hold on to his ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss