Topic: Food prices across the globe [General comparison] (Read 470 times)

I think it depends on where you live and in my area fish is much cheaper than chicken but for areas not far from where I live it is the opposite. The Christmas period might give a slightly higher price jump as usual because the demand might be greater but from what I see so far the price difference is not too far. For the price of rice it might be much more expensive in my place compared to the price you listed while for others it might be close.

When the demand increases there might be a slight increase in price but not too much different from the usual price. If you live in a village the price might be much cheaper and I don't know why that is, from some questions they said it is much cheaper to take the goods and rent the shop so they can sell the goods a little cheaper.

Iran is a very underrated country. Many people think that Iran is a poor undeveloped country but that's not reality. We import many foods and medicines from Iran and I also know that Iran has great scientists.

What's the average monthly salary in Indonesia and what's the price of rent? Does Indonesia produce food or are you mostly an importer country?
In my country, the average monthly salary is $400 but food prices are higher than in the rest of the world.

Low-quality 1 KG rice costs 1.5$ but high-quality rice costs 8$
225G Chips Lays costs 2.65$
1KG Salmon costs 50$
1KG Chicken Breast costs 6.5$
1 Liter of cooking oil costs 1.5$ on average (Sunflower oil).
One 100 gram Toblerone costs 3 USD
0.5 Liter Baileys costs 18 USD.

Like i said, that's all relative. In here there's no minimum wage per se, but median wage for a cleaner, which is a lowest paying job, is around $2,3k /month, compared to doctors, which are paid $8,1K /month on average.

People are using up to 40% from that to rent, and especially when you have a high paying job, you need to pay higher rents because those jobs are located in cities with higher rents or then you pay for travelling.

Top of that there's an electricity and water bills, and everything else. We don't really pay for our health that much, because majority of those higher expenses are covered by taxes. But that can cost as well if you rather use private sector. And for our kids and people working in army, healthcare is just free, which is great.

But even for those cleaners earning $2.3k month, there's no other way to survive then live frugal. Some of them are barely getting by living from paycheck to paycheck as well, as price of food and other necessities has skyrocketed.

Over the last few years since Covid, every single country has suffered inflation of varying levels and food is probably the most noticeable. I remember a year ago when prices felt like they were raising 20% each time you went to the shop, thank goodness at least in my country they have stabilized again but it shows how vulnerable we all are. You're lucky if your country is a big food exporter, because if you end up importing a lot of goods then you'll pay even more dearly. It's always good to be conscious of prices when shopping and if you have the option you can sometimes shop around, different stores are always competing on price for different products and manufacturers may even cycle offers between them. Being a savvy shopper can save you a lot of money over the long run

Wow, I don't know the exact financial situation in Croatia, but the media has shown that it has one of the highest inflation rates. I'm now comparing some prices for meat, such as chicken fillet, which costs €4.49 per kg in the Kaufland leaflet, while in the average supermarket here it ranges from €8 to €10. The same applies to pork, at €3.89 per kg, while here it's up to €6. The same applies to a few salads I also noticed; they're considerably more expensive in Greece. I saw tomatoes costing up to €2.49 per kg a few days ago at Lidl; that's insane. It seems that the situation in Greece keeps worsening with those we have for government.

Hey sis from another country!
Good to have you commented here, though have been using style to search across your comments (you) but didn't, seems we haven't commented on same topic for long. Complement of the season!

Few other person indirectly mentioned something like this at the first page and they weren't in detailed as you have explained it. Sure, of course the quality of products determines the price in all countries and lot of people, I mean those who doesn't care about their health goes for the less expensive products, and only few people who deem care about their health status could go for the high products.

Inflation does impact food prices, though it's not the sole cause of their rise. There is also climate change factor, that make extreme weather causing crops failure and lead to increase in price of food. Products such as coffee, tea, and chocolate, for instance, are getting very pricey these days, all because of climate impact. Global events also have their say: the war in Ukraine came, for example, disarraying energy supplies, hence jacking up the cost in the production and transportation of foods. That's meant sharp price hikes, with the cost of the traditional UK Christmas dinner 20% higher now compared to pre-pandemic times. As painful as inflation is, there's a lot more driving global food price jumps right now, including climate driven disasters and conflicts.

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There is a certain countries that the food price or items it is still okay and they affordable for people who is living there to get, unlike other other countries but what I know very well that makes the price of foods to increase in a country is as a result of inflation because when the economy of that country is very bad I think that the inflation will take over and the price of food items increase to a point that it will be unbelievable, I know that it is statistics of things you people put as the price tag of everything foods in your country varies from the condition of the economy of the country so and it will be different from other people's country due to the economy or inflation in that particular country.

I live in Bangladesh and here is mine,

Rice 25 kilo ~ 1600-3000 BDT (14-25$) ~ It varies based on the rice quality, the one that me and my family consumes costs around 16-17$
Potato 1 kilo ~ 65 BDT (0.55 $)
Onion 1 kilo ~ 60-70 BDT (0.60-0.70$)
Chicken per kilo ~ 160-200 BDT (1.5$)
Cooking oil ~ 5 liter ~ 800-900 BDT (7-8$)
Cow meat ~ 1 kilo ~ 700 BDT (6$)

Bangladeshi currency is called BDT. These prices may seem very cheap compared to others. But believe me it isn't! The average income of a person isn't that much here. Many can't even afford to eat cow meat these days! The general folks are badly suffering due to price hike, inflation and high cost of living! The prices of daily necessities are going out of hand day by day. Although the "Directorate of National Consumer Rights Protection" are trying to break the market syndicate and control the situation but they are unable to do so properly!

It's been on the rise for very long especially after COVID it became unstable too for many goods but later the prices were stabilized but not in the range of previous value which is like set new high. If I am not wrong cooking oil price atleast increased 20 to 30% and most of the groceries in the 20% range meanwhile the person didn't get 20% increase in their salary or income which restricted the spending nature or even sometimes the survival with bare minimum.

You can compare the prices like this. Although fertile lands are the best lands for farming in our country, unfortunately the prices are expensive due to inflation and the resources are not used properly enough.
Food inflation is very hot, prices can change every month, I can't think of the increases that will come in the new year.

Rice 50 kg $90-110
Onion $0.35
Chicken 1kg $3.6
Cooking oils $6
Tomato 1kg $0.9

Regardless of the season, there's always a standard price that the food authority mandates wherein every merchant is obliged to follow. If this holiday season prices are at peak, aside from the higher demand from the consumers, the prices already have been checked and approved by the food authority, so its price increase is valid.

I always thought agriculture was very easy in Venezuela since last I checked there didn't look to be any water shortage (like in our neck of the woods) and the soil was good and fertile. So if you are actually from Venezuela and not reporting price from google, can you give us some insight into water, soil and farming in general? Because if what I said is right the prices have to lower, shouldn't they?

Merchants do not just increase or reduce prices, it is based on a lot of factors like inflation, food inflation, economic stability, etc. The prices of goods and services during this festive season reflects the prevailing situation in your country, for example if inflation and food inflation was high prior to the festive time, it will reflect on the prices of goods because of the demand during this time of the year, and you can expect it to skyrocket.

Sounds cool but we are discussing the difference in food prices between countries so using a common world currency would make it easier for everyone to visualize. Also, bitcoin is still very volatile, using bitcoin as a unit of measurement in this case would be inappropriate. In just 2 days bitcoin price has dropped more than 5-7% and I think OP will have to spend a lot of time to constantly adjust bitcoin price for each product and that is not a wise idea. As long as bitcoin is not the world's main currency, not the main unit of measurement, using it to price products will be very troublesome.

By the way, we are talking about necessities and people need to buy them daily, and people will not want to wait for bitcoin to increase in price to buy them. And in the short term, bitcoin can be dumped at any time, bitcoin price does not always increase.

And even better, if you specify the price in bitcoin, because the forum is not called dollartotalk, right? Also, if you evaluate the cost of products in bitcoin, you will see that the prices are falling, not rising (each time you will need less satoshi to buy groceries).

It's really amazing how bitcoin is changing the world (and perception).

This control is only possible on tv and media, but in fact, it is impossible to stop the pre-holiday rise in prices (inflation).

The funny thing is, a place that sell cheaper product is mostly expensive to live instead of a place that sell the same product but more expensive.

Just like in my country where the minimum wage is around $300, but the reality most jobs pays around $180, rent $90, the rest is for foods, transportation, health, etc which make people live from paycheck to paycheck.

While in first world countries, even people said the tax and rent cost is really high, but as long as you live frugal, you can save like 20%-30%.

Comparing just prices between countries is meaningless unless you take take into consideration local average wage and other costs of living. Because usually cheap prices are result of cutting from something important.

In wealthy and healthy societies, the extra costs are both from taxes and corporate greed. And Christmas extra prices are definitely result of corporate greed. Why wouldn't they make customers pay more when they do? They are obligated to bring shareholders more profits.

I can't provide a table of food prices (in US dollars) at the moment, but I can say that prices are growing too fast due to high inflation. Salaries are not indexed to the level of inflation risks. Therefore, recently we have to economize on almost everything, slash and burn. You come to the store and walk around for a long time to choose the optimal set of products to fit into a specific amount. There is no longer a question of the quality of the products.

The cheapest rice (50 kg) costs around $44.

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Changes in prices of basic products in the Russian Federation.
Compare prices from January 9 to December 9, 2024.
potatoes (500 g) — increased in price by 88.6% since the beginning of 2024, the average cost per 1 kg now reaches 55.38 rubles;
carrots (200 g) — increased in price by 8.6%, 1 kg will cost an average of 47.56 rubles;
chicken eggs (4 pcs.) — became cheaper by 15.8%, a dozen eggs now costs 112.83 rubles;
fresh cucumbers (200 g) — fell in price by 4%, the average cost per 1 kg is 229.14 rubles;
onions (100 g) — became more expensive by 42.3%, the price of 1 kg in stores is 50.72 rubles;
green peas (100 g) — increased in price by 9%, a 400 g can costs about 115 rubles;
cooked sausage (300 g) — increased in price by 6.1%, to 544.8 rubles per 1 kg;
mayonnaise (200 g) — increased in price by 5%, to 290.7 rubles per 1 kg.

Period like this price of food stuff will definitely increase in the market because of the demand. This is the time whereby everyone would want to stuck there houses to celebrate the end of the year. It is not as if the prices of food gets increase because of the Christmas season,   but I belive this is a period that the demand in the market always increase than any of the month of the year. I think this is a difficult time whereby things are very costly,  it will just be the best for people to go for what they can afford and never to kill themselves on what is beyond their allowance.