For immediate release
Cost of pint in London double the global average
- Average price of a pint in London is £4.76, around £2.15 more than the global average
- Caracas, Venezuela is the cheapest at just £0.51 a pint while Dubai breaks the bank at £8.58
27 December 2017- According to research collated by price comparison site, finder.com, the price of a pint in London is almost double the average price around the world.
Finder.com has compared the price of a pint in 177 of the world’s most populated cities*. According to latest cost of living data, London ranks in the top 25 most expensive cities to buy a pint (22nd), costing around £4.76 on average.
The cost of a pint in London is almost double the global average, which is around £2.61 a pint. Ranking cheaper than London are Sydney, Tokyo and Toronto, while a pint in Oslo, Norway, Zurich, Switzerland and Reykjavik in Iceland is up to £3.20 more expensive.
However, the cheapest pint in the world can be found in Caracas, Venezuela at £0.512 and the dearest discovered in Dubai at a whopping £8.58.
Most expensive cities to buy a pint out of 177 cities:
- Dubai, UAE, £8.58
- Doha, Qatar, £8.50
- Reykjavik, Iceland, £7.96
- Oslo, Norway, £7.17
- Mariehamn, Aland Islands, £7.00
Jon Ostler, CEO of finder UK said: “It was interesting to see such a wide difference between how much it costs for a pint in different cities around the world. Some people may not realise that there could be big differences in costs of common expenses between cities.
“When budgeting for family holidays or weekend breaks, it’s important to factor in leisure expenses and anticipate that prices will vary from city to city. By doing your research in advance you will not only be prepared financially, but avoid unnecessary stress and allow for a more enjoyable holiday.”
For a full breakdown of the research, please visit: https://www.finder.com/uk/international-pint-price-map
Notes to editors:
- *According to latest cost of living data from Numbeo and Expatistan. On Numbeo, the metric used was “Restaurants: Domestic Beer, (0.5 liter draught)”. On Expatistan, it was “1 beer in neighbourhood pub (500ml or 1pt.)”.
- Jon Ostler, CEO (UK) at finder.com is available for comment, opinion or interview regarding this research.
- All prices are converted to Great British Pound
For further press information, please contact:
Yasmine Triana/Aaryn Vaughan/Baillie Horwood
T: +44 (0)20 3440 8930
The information in this release is accurate as of the date published, but rates, fees and other product features may have changed. Please see updated product information on finder.com's review pages for the current correct values.
finder.com is a personal finance website, which helps consumers compare products online so they can make better informed decisions. Consumers can visit the website to compare utilities, mortgages, credit cards, insurance products, shopping voucher codes, and so much more before choosing the option that best suits their needs.
Best of all, finder.com is completely free to use. We’re not a bank or insurer, nor are we owned by one, and we are not a product issuer or a credit provider. We’re not affiliated with any one institution or outlet, so it’s genuine advice from a team of experts who care about helping you find better.
finder.com launched in the UK in February 2017 and is privately owned and self-funded by two Australian entrepreneurs – Fred Schebesta and Frank Restuccia – who successfully grew finder.com.au to be Australia's most visited personal finance website (Source: Experian Hitwise).