If you’re itching for a bottle of beer, you can buy one for around P40 to P50 at the grocery if you stick to local brands. While those prices go up in bars and restaurants, the price tag is still relatively cheap compared to most of the world.
That figure rises to an average of P124.81* in Singapore, P110.59 in Paris, and P93.21 in Hong Kong—the three most expensive cities in the world.
In the latest “Worldwide Cost of Living” survey by The Economist Intelligence Unit, the report revealed a three-way tie between Singapore, Paris, and Hong Kong in awarding the title of “most expensive city in the world.” The rest of the top 10 are all their fellow Asian and European countries except for New York, which ranked 9th.
But being the most expensive city in the world doesn’t mean you have the most expensive beer in the world. Among the 10 most expensive cities, that honor goes to New York.
The survey used the average price of one 330 ml bottle of beer as one of several data points taken into account in calculating a city’s average cost of living. While Singapore’s average figure stood at P124.81, a bottle of beer in New York would cost around P175.36. Not far behind is Zurich, the largest city in Switzerland and the fourth most expensive city in the world, where a bottle of beer would set you back by P171.15.