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The Cost of Essential Food Around the World

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The global pandemic put the humble grocery basket in the spotlight. More to the point, it was the basket’s contents – or lack of contents – that concerned the world.

Panic-buying for toilet paper became a meme in 2020. The baking craze made flour a rare commodity. But at the same time, 2.37 billion people – one in three humans – suffered from food insecurity, unable to afford a balanced and nutritious diet. That’s a rise of 320 million people due to the pandemic. In the US, grocery prices are likely to keep rising.

Meanwhile, in the UK, coronavirus and Brexit have led to a shortage of truck drivers and a shortage of food on the shelves. This is a land where the national security agency believes society is only ever “four meals away from anarchy” – and where prime minister Boris Johnson once said, “I don’t know how much a pint of milk costs – so what?”

But the price of essential groceries does matter – and so does how that cost relates to your income. NetCredit designed a shopping list of staple foods and researched how much it would cost to buy in grocery stores worldwide, plus affordability compared to local wages. And then they did the same for a vegan shopping list, too.

Methodology

NetCredit’s study began by finding a supermarket with an online shop for each country. If it wasn’t possible to find an online shop, the team removed the country from the list. They built a list of 10 essential items for both a non-vegan and vegan shops:

Non-vegan grocery shop
● Breakfast cereal
● Eggs (regular) (12)
● Boneless chicken breast (500g / 1lb)
● 500g (16 oz.) of local cheese
● Vegetable oil (1-liter bottle)
● Loaf of fresh white bread (500g)
● Milk (regular), (1 liter)
● Potato (1kg / 2lb)
● Tomato (1kg / 2lb)
● Banana (1kg / 2lb)
● Canned tuna (140g)
● Water (1.5-liter bottle)

Vegan grocery shop
● Vegan breakfast cereal
● Canned chickpeas
● Frozen vegetable burgers (example: soy patties)
● Vegan cheese
● Coconut oil (500ml)
● Loaf of fresh white bread (500g)
● Soy milk (1 liter)
● Potato (1kg / 2lb)
● Tomato (1kg / 2lb)
● Banana (1kg / 2lb)
● Brown rice (1kg)
● Water (1.5-liter bottle)

Then the team manually searched online to find the prices of the items. If they couldn’t find any items, they chose the closest alternative. The team found the total cost for both lists and converted the price into USD.

Using the Worldbank NetCredit gathered average daily income data for each country and used this to find the affordability percentage.

The Price of a Grocery Shop in Every Country
Map of the Price of a Grocery Shop in Every Country
The most and least affordable countries for a grocery shop
The Price of a Vegan Grocery Shop in Every Country
Map of the Price of a Vegan Grocery Shop in Every Country
The most and least affordable countries for a vegan grocery shop
CountryGrocery List in $Vegan List in $Affordability of Grocery List (% Daily Salary)Affordability of Vegan List (% Daily Salary)
Switzerland52.9549.2921.0669969512219.610807926829
Iceland52.5538.7623.71742551315117.49357588753
Cambodia49.7942.02614379085
Norway45.5819.574141108332
Sweden43.6443.0925.88763125596625.561366425747
Jamaica42.4538.68219.83035714286200.30714285714
United Arab Emirates39.7164.226.36826438711642.630132804152
Australia39.538.1124.45849446039223.597803136343
Austria38.9640.624.69295774647925.732394366197
Barbados37.9845.3163.37284234752675.603567318757
Grenada37.3851.98
Malta37.1746.97
France37.0331.7528.65861107816424.572263076741
Venezuela36.5664.683839479393
Italy35.632.5333.30919519627230.436744936369
Portugal35.2325.9149.45957721478136.375181539455
Canada34.3229.823.67897644664120.560416611594
Andorra34.1735.04
Singapore34.0940.2818.40453830878721.746400794307
Luxembourg34.0614.715787382675
Ireland (Republic of)33.333.9620.19541778975720.595687331536
Belgium33.2824.122.73366834170916.462782663317
Kenya31.56552.08847184987
Latvia31.4459.574851168869
Bosnia and Herzegovina30.99158.19264619597
Uruguay30.2538.9757.94253632760974.645310435931
Greece29.6448.058892961421
Saudi Arabia29.4840.158037578288
El Salvador28.6936.07220.36756915833277.05326662743
Bahrain28.320.3337.89595197783627.223487763583
Estonia27.8629.8537.39308855291640.064023449553
Lithuania27.6920.8543.78992971400932.97291565681
Chile27.1127.9360.37810393378362.204368973462
Costa Rica26.2463.460340993328
Croatia26.0229.5554.34715108834861.720150448143
United Kingdom25.8329.1618.81297614064521.238342402679
Spain25.7932.0326.86565555777333.365914987029
United States of America25.7126.0412.10832025117712.263736263736
Kuwait25.5444.420.69268020115535.97317936301
Panama#REF!49.746120235046
Slovenia25.1731.5431.6657186927639.679649088981
Finland24.9532.5816.35675173314621.358836531699
Bolivia24.87217.31067961165
Slovakia24.8626.9641.45980830670944.962044728435
Montenegro24.8284.913094769957
Netherlands24.5934.9414.6603088309220.830873954955
Honduras23.8151.11277.92531305903596.58810375671
Nicaragua23.76360.75392670157
Mauritius23.5755.566525155812
Serbia23.5624.95106.5527638191112.8391959799
Peru23.47102.84872397582
Bangladesh23.13339.72594259989
Lebanon22.838.7999.96304384344170.0687048547
Guatemala22.62150.22442748092
Mexico22.2230.9474.831225806452104.19793548387
Dominican Republic20.8373.408452605995
South Africa20.623.49110.58412176059126.09810777458
Albania20.49123.82241259551
Philippines20.34152.90149769585
Argentina20.1533.8964.442470285504108.38487930401
Egypt19.12190.834416826
Colombia18.5892.439573008006
Russia17.2519.8650.36073825503457.980536912752
Hungary16.7923.1532.26468855838644.48645265793
Romania15.2131.0736.50735699834574.574857458157
Ukraine14.64115.71895820715
Poland13.6517.1926.87778196906833.848283666541
Paraguay13.3526.6771.327533265097142.49477993859
Moldova12.9381.771989338503
Djibouti6.8961.522066370168
Key Findings
  • Switzerland has the most expensive essentials globally, costing $52.95 for a regular basket of groceries.
  • The cost for the same groceries in Djibouti is $6.89, just 13 percent of the price in Switzerland.
  • The United States has the most affordable regular and vegan essentials in the world – in each case, our sample basket of food costs around 12 percent of the average day’s pay.
  • The United Arab Emirates has the world’s most expensive vegan menu, costing more than double its non-vegan equivalent.
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No Deal
No Deal
2 years ago

This is so much bullshit

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