Yes, Australia is expensive but there are fringe benefits if you live here
Read: Deutsche Bank survey found Australia was the third most expensive
It will depend very much if that bar is in the city or the suburbs, for example: Japan's most popular beer is Asahi Super Dry, but the because that is not a standard beer around the world, the survey measures the price of a Guinness or Kilkenny in a Japanese bar.
Why? Because these are the sorts of compromises researchers have to make when trying to compare prices across countries.
Again, when the researchers wanted to compare car prices, they had to pick a particular model and brand to compare. They picked the Volkswagon Golf. But the Golf is not sold in India, so the researchers took the price of a Polo and increased it by 34 per cent, which is the price difference in England between a Golf and a Polo. You can start to see how the figures might be open to error.
Even a Big Mac, as it turns out, is not always a Big Mac. In India, it is called a Maharaja Mac.
