Economic Indicator: Water : Beer

You've heard of the Big Mac Index (BMI) comparing cost of living via known global product. Well, I think there should be one called the Beer Index (BI) where you compare average beer against average non-bubbly bottled water prices.

• Standards: 0.5 litre beer vs 1.5 litre bottled water
• Some countries have various std drink portions, therefore they've been proportionally adjusted
• Average beer type - primarily light full strength eg Carlton Cold from Australia
• Higher BI means lower cost of living & you can drink more for less !
  

Australia

Beer: Carlton Cold (o.5l) = $3.43 AUD
H2O: $4.00 AUD
BI: 0.86

Czech Republic

Beer: Pilzner (o.5l) = $25 CZK
H2O: $15 CZK
BI: 1.67

Austria

Beer: Karlsberg (o.5l) = $2.90 EUR
H2O: $2.50 EUR (Evian $5.00 EUR)
BI: 1.16 (0.58 - what a scam !)

So far, Australians are getting ripped off for bottle water & should retaliate by drinking more beer & converting to rain water filtered water systems :-)

Countries to be added in the future: France, London, Germany, USA, Canada & maybe Greece. Others are quite welcome to post comments on their findings from other countries.

Stay tuned..................macro-economics at its worst.