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Deutsche Bank's Global Markets Research Team recently published a report that compares the prices of American goods and services to prices around the world.
Generally speaking, developing countries offered lower prices for comparable goods than developed countries. With the exception of Brazil.
You'll quickly learn that Americans really have no business complaining about high prices.
However, there is one good/service that is excruciatingly expensive in the U.S. Can you guess what it is?
Each slide includes local prices in US dollar terms and the percentage relative to the US price.
Big Mac -- $4.20 in the US
Flickr
1. Norway -- $6.79, 162%
2. Switzerland -- $6.82, 162%
3. Sweden -- $5.91, 141%
4. Brazil -- $5.68, 135%
5. Denmark -- $5.37, 128%
Source: Deutsche Bank
Daily Car Rentals -- $86.99 in the US
Flickr/Jonathan Brodsky
1. France -- $163.92, 188%
2. Russia -- $157.72, 159%
3. UK -- $156.11, 179%
4. New Zealand -- $138.00, 159%
5. Brazil -- $123.21, 142%
Source: Deutsche Bank
Five Star Hotel Rooms -- $439.0 in the US
The Saint New Orleans
1. Russia (Moscow) -- $866.40, 197%
2. Australia (Sydney) -- $858.60, 196%
3. France (Paris) -- $483.70, 110%
4. UK (London) -- $458.80, 105%
5. Brazil (Sao Paulo) -- $439.50, 100%
Source: Deutsche Bank
Pizza At Pizza Hut -- $15.00 in the US
Nintendo 85
1. Brazil -- $27.54, 184%
2. Japan -- $24.80, 165%
3. UK -- $23.50, 157%
4. France -- $21.36, 142%
5. Canada -- $19.15, 128%
Source: Deutsche Bank
Two Liter Soft Drink -- $2.49 in the US
Flickr / niallkennedy
1. Brazil -- $19.05, 765%
2. Germany -- $17.20, 691%
3. Japan -- $6.99, 281%
4. Russia -- $5.59, 224%
5. Australia -- $4.27, 171%
Source: Deutsche Bank
Pint of Beer At Average Bar -- $5.50 in the US
AP
1. Japan -- $10.54, 192%
2. Australia -- $8.91, 162%
3. Malaysia -- $8.33, 151%
4. Singapore -- $8.20, 149%
5. France -- $8.12, 148%
Source: Deutsche Bank
A Pair Of Sports Shoes -- $70.00 in the US
Nike Football
1. Russia -- $154.37, 221%
2. Singapore -- $124.26, 178%
3. Japan -- $124.00, 177%
4. France -- $120.93, 173%
5. New Zealand -- $117.76, 168%
Source: Deutsche Bank
A Pair Of Jeans -- $64.00 in the US
1. Australia -- $140.35, 219%
2. France -- $119.58, 187%
3. Germany -- $119.58, 187%
4. New Zealand -- $119.21, 186%
5. Malaysia -- $116.65, 182%
Source: Deutsche Bank
A Bouquet Of Roses -- $111.52 in the US
KazAndrew via Flickr
1. Russia -- $119.58, 107%
2. Japan -- $111.52, 100%
3. Mexico -- $111.52, 100%
4. UK -- $111.52, 100%
5. Australia -- $95.40, 86%
Source: Deutsche Bank
An iPhone 4S 16GB in the US
Michael Nagle / Getty
1. Russia -- $1,099.82, 169%
2. Brazil -- $1,054.82, 163%
3. Japan -- $939.92, 145%
4. China -- $933.27, 144%
5. India -- $902.46, 139%
Source: Deutsche Bank
Public Transportation (minimum fare) -- $2.50 in the US
Steve Kovach, Business Insider
1. Australia -- $3.63, 145%
2. Canada -- $3.03, 121%
3. UK -- $2.90, 116%
4. Canada -- $2.62, 105%
5. France -- $2.33, 93%
Source: Deutsche Bank
Cab Ride (for 3 km) -- $9.26 in the US
Natt Garun / Business Insider
1. Germany (Munich) -- $14.49, 153%
2. Japan (Tokyo) -- $14.15, 149%
2. Germany (Berlin) -- $13.77, 145%
3. UK (London) -- $13.12, 138%
4. Australia (Sydney) -- $12.11, 127%
5. France (Paris) -- $11.60, 122%
Source: Deutsche Bank
Mercedes SLK 350 -- $51,000 in the US
M 93 via flickr
1. Singapore -- $160,000, 314%
2. Australia -- $87,000, 171%
3. Hong Kong -- $86,000, 169%
4. France -- $65,000, 129%
5. South Africa -- $60,000, 118%
Source: Deutsche Bank
Gasoline (1L) -- $0.98 in the US
Wikimedia Commons
1. Hong Kong -- $2.30, 234%
2. UK -- $2.22, 226%
3. France -- $2.20, 225%
4. Germany -- $2.20, 225%
5. Japan -- $1.91, 195%
Source: Deutsche Bank
Movie Tickets -- $12.00 in the US
Wikimedia Commons
1. Australia (Sydney) -- $31.86, 266%
2. Japan (Tokyo) -- $21.04, 175%
3. Australia (Melbourne) -- $19.98, 167%
4. UK (London) -- $16.39, 137%
5. New Zealand (Wellington) -- $15.15, 126%
Source: Deutsche Bank
A Common Medicine -- Insulin -- $62.00
Diabetes insulin
Diabetes Diet and Treatment Guide
1. South Africa -- $33.00, 53%
2. New Zealand -- $31.00, 50%
3. Canada -- $18.50, 30%
4. UK -- $17.50, 28%
Source: Deutsche Bank
Business School Tuition (Relative To Harvard) -- $112,000
David Lerman
1. China Europe International Business School (China) -- $85,391, 76%
2. Rothman School of Management (Canada) -- $84.166, 75%
3. Melbourne Business School (Australia) -- $81,004, 72%
4. INSEAD (France) -- $77,931, 70%
5. London Business School (United Kingdom) -- $71,858, 64%
Source: Deutsche Bank
Apple MacBook -- $1,199
Dylan Love
1. Brazil -- $1,977.00, 165%
2. South Africa -- $1739.79, 145%
3. New Zealand -- $1682.10, 140%
4. Germany -- $1,611.01, 134%
5. UK -- $1,591.35, 133%
Source: Deutsche Bank
A Cheap Date -- $183.01 in the US
william c hutton jr via Flickr
1. Japan (Tokyo) -- $234.77, 128%
2. Australia (Sydney) -- $216.22, 118%
3. UK (London) -- $207.01, 113%
4. Canada (Toronto) -- $117.68, 97%
5. Russia (Moscow) -- $174.37, 95%
Source: Deutsche Bank
Most Basic Health Insurance -- $5,429.00 in the US
Queen Sofia Foundation's Alzheimer Centre
Wikimedia Commons
1. Australia -- $2,440.91, 45%
2. Japan -- $2,249.00, 41%
3. France -- $1,773.59, 33%
4. UK -- $1,200.31, 22%
5. New Zealand -- $1,035.79, 19%
Source: Deutsche Bank
Here's another way to look at prices...
AP Images
