Oh. Awesome.
Remember when a pineapple in your wallet was a big deal? That $50 note meant you were RICH! RICH I TELL YOU!
Now though, we’re eating up pineapples likes it’s no big deal. Suddenly, that crisp fiddy dollar bill doesn’t hold the same significance it once did.
If you thought the cost of living in Australia was getting ridiculous, you’d be right. Because a recent cost of living comparison by Deutsche Bank has called it – Australia is the most expensive country on earth.
Things aren’t any easier for our neighbours in New Zealand either, they came in second by a whisker. Both countries outrank the UK, France, the US, Japan, actually, EVERY OTHER FRICKIN country ever.
Ugh.
It was all fun and games the other day when our Koalas were flying business class, but this is grim.
The study, Mapping The Worlds Prices, compares how much equal products or services cost in different countries – things like Big Mac’s and Cokes, as well as tech items, clothing, accommodation and insurance.
And now, Australia is like the destination wedding you can’t afford to go to, because prices here are about 27 per cent higher than Japan, 23 percent higher than France, and 83 percent higher than the cheapest country, India.
Spare a thought for Indian students who have come to study in Australia. They pay $3.80 for a movie ticket there and $2.40 for a standard men’s haircut. Here? Its:
People moving to Australia for our wide open spaces and fresh air might want to get onto Air BnB. One night in a five-star hotel room in Sydney costs $880, three-and-a-half times what it costs in New York and more than four times as much as the $205 average price in Toronto.
Yes, Carrie. New York comes in cheaper.
Top Comments
It seems that prices in Australia are super inflated, ...housing market will eventually burst, what goes up :~ must come down. It appears to me that rugby, n football rule all, n everyone playing n running it, holds a lot of money.
Housing is too expensive. Education is too expensive. Life here in Australia is tough for those living below the poverty line, which would be every single person living solely on Centrelink payments. Working is expensive because you have to get there by travelling an hour or so due to the cost of housing where the jobs are being to high. Who cares about beer and Coke and cigarettes when you can't afford school shoes for your kids. And finally food is too expensive. We are led to believe it is cheap. It ain't. Go and compare to Europe, UK and the US. We are mugs for believing what we are told. We need to wake up. Bitter much? You bet.