The world’s cheapest and most expensive places to buy groceries

Globally, Switzerland sells the most expensive groceries, with prices 79.1% higher than in the U.S. Norway is the second most expensive place to buy groceries, with prices 37.4% more expensive than in the U.S., and Iceland is third most expensive, where food items are 36.6% pricier.

That’s according to a recent report from Bayut, a Dubai-based property portal, which used data from Numbeo, a crowd-sourced global database of consumer prices, to determine where in the world groceries cost the most — and the least.

As reported by cnbc.com, Bayut used Numbeo’s 2019 Cost of Living Index, where the U.S. was used as the baseline (set to 0%). Therefore, the index for each country represents where it stands relative to the U.S.

How to save on groceries
Although groceries may be significantly cheaper in another country, it’s likely you’re not able, or willing, to move just to save at the supermarket. But if you feel like you are spending too much on groceries, here are four strategies for saving on food items that you can exercise right at home.

 


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