Half an hour to earn a pint

Last updated 14:56 10/02/2014

Relevant offers


Taxpayers urged to take refunds into own hands GE becomes Latitude Financial Services after acquisition Investing does not have to be purely for investor's benefit SBS Bank boss says 3.99 per cent home loan rate will be profitable Uncle Tobys stung for misleading claims Money can buy happiness, but how much? Million-dollar tax fraud lands Taranaki couple behind bars Revealed: The highest paid public servants Million-dollar state houses provoke Auckland v London housing comparisons Fire tears through Christchurch engineer's workshop

House prices might be going through the roof but New Zealand ranks pretty well in terms of beer affordability, according to an international price comparison by news website Quartz.

The Quartz Beer Index takes the average cost of a beer in various countries and compares it with the minimum wage in the same country.

The index gives New Zealand a rating of 0.5, which means it takes half an hour of working at the minimum wage ($13.75 per hour) to earn enough for a beer.

That is not as good as Australia, where it takes just 18 minutes of minimum wage work to afford a beer, or 24 minutes in the United States.

But spare a thought for the people of Georgia, where the lowest paid have to work for more than 15 hours to earn a pint.

A "beer" is defined by Quartz as a half litre of a domestically produced tap beer bought in a bar or restaurant.

Beer prices were provided by crowdsourcing price comparison website Numbeo. Minimum wage rates were sourced from the International Labour Organisation.

Ad Feedback

- Fairfax Media

Special offers

Featured Promotions

Sponsored Content