The 11 most expensive cities to eat in around the world

Grocery cartMatt MacGillivray/Flickr

Despite Paris being renowned for its cuisine, the French capital came 11th out of all the cities.
Geneva came out on top, costing a hefty $706 for an average grocery basket.
Both of the top two most expensive countries for food were located in Switzerland.

As it turns out, where you do your food shopping can make a massive difference to how much you spend — and it’s not just about which country you live in; food prices vary not only from one country to another, but also from one city to another.

Based on an average basket of food including products widely consumed in Europe — such as bread, milk and chicken — Swiss bank UBS has ranked the most expensive cities in the world to eat in.

The financial institution acknowledged this approach is somewhat problematic, saying: “A family of three in Asia, for example, is unlikely to consume as much milk and meat as a family in Europe”.

This is part of the reason UBS also took into account local consumption patterns, such as the preference for tea over coffee in Russia, or low pork consumption in certain regions.

Here are the world’s 11 most expensive cities to eat:

11. Paris, France – $426
Charles Platiau/Reuters
10. Taipei, Taiwan – $439
9. Kuala Lumpur, Malaysia – $444
See the rest of the story at Business Insider

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SEE ALSO: The 18 most expensive cities to live in the world in 2018

Original Article : HERE ; This post was curated & posted using : RealSpecific

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