This data is taken from the average price of a cappuccino, collected on the numbeo.com platform, (which has analyzed the price of cappuccino in more than 100 countries in the world) and through the average salary of each country we have been able to obtain a time average, that a person has to work to be able to buy a cup of coffee.
Data based on numbeo
After Picoli: “The working time needed to buy a cup of coffee was calculated based on the average wages we collected from the websites of local statistical offices, ministries or other institutions. The amounts are correct at the time of publishing this post. We calculate net amounts using local gross-net salary calculators. We divide the monthly salary by 21 (average number of work days in a month), then by 8 (average number of work hours in a day), and then by 60 (number of minutes in an hour). In countries where statistical offices use weekly rates, we divide the appropriate amount by 5 in the first step.”
“For currency conversion, we use average rates from September 1 to September 23, 2022 based on data from Google Finance.”
Among the countries included in this study, the inhabitants of Denmark (€5.08), Hong Kong (€5.06) and Qatar (€5.05) pay the most for coffee. On the other hand, Algeria (€0.58), Tunisia (€0.70) and Ukraine (€1.07) have the lowest prices for a cup of cappuccino. However, if we compare coffee prices with local earnings, the inhabitants of Andorra, Australia and Switzerland can boast of the most favorable wage-price ratio: in these countries you can earn enough money to buy a cup of coffee in 8– 9 minutes.
In Spain, the average price of a cup of cappuccino is €1.71, which corresponds to 13 minutes of work for a Spaniard who earns the local average wage (17th place). Less time is needed by residents of Italy (11 min), Germany (11 min), and France (12 min), but more minutes are needed in Portugal (14 min), Romania (23 min), and Greece (32 min).
Sri Lanka, Indonesia and Nigeria occupied the last places in this ranking. In Nigeria, you have to work more than 2 hours to be able to buy a cup of cappuccino, in Indonesia, 1 hour and 35 minutes, and in Sri Lanka, just over 1.5 hours.
Source: https://www.picodi.com/es/top-chollos/precio-de-cafe-en-el-mundo
