Deutsche Bank has released its fifth annual ‘Mapping the World’s Prices’ report, showing Melbourne and Sydney are right in the middle for the cost of a beer and meal at a pub.
The report cites that Europe is “an expensive place” for many things, with Swiss and Scandinavian cities the most expensive in the world.
But Sydney also proves to be a wallet-buster, particularly on the ‘Sin Index’ and the cost of a weekend getaway, where it came in second globally, behind only Zurich.
However, when it comes to the price of a beer or dinner for two at the pub both Australia’s big cities fared quite well, with Melbourne topping its northern neighbour on both fronts.
