I'm no economist, but I do have a tool at my disposal to record the prices of items and give others the opportunity to compare them. This blog.
Today was shopping day. I saved the receipt and noted the prices of several items that may be common in different parts of the world. I'm indicating the price and the size, so these can be translated into the home units for anyone in another country. (I generally use XE.com to convert currency, but currency conversion rates vary from day to day, and I don't know if XE has historical exchange rate data.) I also bought gas yesterday, so I'll throw that in, too.
Here are the exchange rates for one U.S. dollar on 6/24/08, according to XE.com:
$1 =
- 0.507462 GBP (British Pounds)
- 0.64215 Euros
- 1.01238 Canadian Dollars
- 1.04543 Australian Dollars
- 5.11534 NOK (Norway Kroners)
- 107.675 Japanese Yen
- 1,193.75 Iraq Dinars
- 5,200.05 Turkmenistan Manats
- 9,005,149,886.88 Zimbabwe Dollars
Gas, 87 octane, Sam's Club, Wilkes-Barre PA, 6/23/08: $3.959/gallon
Groceries from Weis Market, Nanticoke, PA, 6/24/08:
Milk, 2% milkfat, half-gallon: $1.82
Flour, 5 lbs.: $2.19
House Brand Plain Lowfat Yogurt, 32 oz.: $2.59
Brer Rabbit Blackstrap Molasses, 16 oz.: $3.39
California Celery, 1 stalk: $2.69
Macintosh apples, 3 lbs.: $3.49
Strawberries, 16 oz.: $3.99 (buy one, get one free)
Blueberries, 1 U.S. dry pint, $3.99 (buy one, get one free)
Seedless Watermelon: $0.49/ounce
Onions, yellow, 5 lbs.: $3.99
Potatoes, Russet, 10 lbs.: $5.99
Barley, bag, 16 oz.: $0.99
Gatorade (comparable to Lucozade), 32 oz.: $1.47 (on sale for $1)
House brand diet soda (pop/fizzy drink), 2 liters: $0.80
Chocolate bar, Hershey's, 5 oz.: $1.29 (on sale for $1)
How do your prices compare?
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