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Beer Is Cheaper In the US Than Anywhere Else In the World

derekmead writes "It's frustrating to drop $7 on a pint of beer in New York City, as it turns out, Americans have the cheapest beer on Earth. International bank UBS gathered data about the median wages and average retail prices of a 500mL (pint) beer in 150 countries. Those data were compiled to figure out how many minutes of work it takes the average worker of a country to earn enough money to buy a beer. It's funny that UBS analysts are spending time looking at beer, but considering that beer is beloved and nigh essential everywhere, it offers an interesting comparison between commodities and wages. For example, India tops the least, with the median worker having to work nearly an hour to afford a pint thanks to extremely low wages. In the U.S. however, where wages are relatively high and the cost of the average beer is quite low (thanks to those super-massive macrobreweries out there), it takes the median worker about five minutes of labor to afford a retail (store-, not bar-bought) pint. That's the shortest amount of time in the world, which means that, relatively speaking, beer is cheaper here than anywhere else." OK, UBS: Now please repeat the research with coffee.

11 of 633 comments (clear)

  1. How is American Beer like sex in a canoe? by aristotle-dude · · Score: 5, Funny

    It's fucking close to water.

    --
    Jesus was a compassionate social conservative who called individuals to sin no more.
    1. Re:How is American Beer like sex in a canoe? by bfandreas · · Score: 4, Funny

      The philosophy department of the Australian University of Woolloomooloo. Ask for Bruce or Sheila. They will help ya, mate.

      --
      20 minutes into the future
    2. Re:How is American Beer like sex in a canoe? by Pope · · Score: 5, Funny

      The CEOs of Budweiser, Coors, and Guinness get together for lunch.
      When the waitress comes to take their drink orders, the CEO of Budweiser orders a Bud.
      The CEO of Coors follows suit and orders a Coors.
      The CEO of Guinness looks at the waitress and orders one Coors and one Budweiser. The other two are astonished!
      They ask why he ordered two drinks, and says "Oh, I never have beer this early in the day."

      --
      It doesn't mean much now, it's built for the future.
  2. This study makes a serious mistake by dkleinsc · · Score: 5, Funny

    It considers abominations like Bud Light to be beer.

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    I am officially gone from /. Long live http://www.soylentnews.com/
  3. Beer by Blimbo · · Score: 4, Funny

    The cause of, and solution to, all of life's problems.

  4. Re:Vodka is better by K.+S.+Kyosuke · · Score: 3, Funny

    Vodka is better than beer. It gives a nice warm kick and you don't need to go piss all the time. Many of the Russian vodkas all so have a nice little taste to them.

    Beer is proof that God loves us and wants us to be happy. Vodka is a proof that Satan wants you not to remember being happy under the table. Sincerely Yours, Ben Franklin

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    Ezekiel 23:20
  5. Re:Vodka is better by Jose · · Score: 5, Funny

    Vodka is better than beer.

    I'm surprised to hear you say that VodkaGuy...I had you pegged as more of a wine-drinking-guy.

    --
    The basic sleazeware produced in a drunken fury by a bunch of UCBerkeley grad students was still the core of BIND. --PV
  6. Field expedient disinfectants ... by perpenso · · Score: 3, Funny

    There's one purpose for alcohol, and Vodka tends to accomplish that faster and with less vomiting and hangovers. So I'll raise my glass, which is cheaper here than anywhere else, and toast Vodka's awesomeness.

    There are at least three practical purposes. Add disinfectant to the list, also add fuel / fire starter when the proof gets above (80?). Obviously these are not the intended purposes but Vodka has been used in these ways when the circumstances warranted.

    The following explanation has been attempted in many armies over many years:
    "Sir, that is not a still. That is an apparatus creating field expedient disinfectant for the doctors/medics/corpsmen, sir."

  7. Re:Conversion error by fm6 · · Score: 3, Funny

    And that's why you Brits lost your empire: too much beer. In the U.S. we drink a more moderate 473mL pint.

  8. Re:Vodka is better by MachDelta · · Score: 4, Funny

    Here on Slashdot, we should all be drinking rum since rum is what pirates drink and everyone knows nerds love pirates.
    And ninjas. But sake is nasty, i'll stick to the rum myself.

  9. Re:Incidentally... by Culture20 · · Score: 4, Funny

    i rather drink water than american beer lol

    That's like saying you'd rather eat bacon instead of something that came from a pig.