Quartz, a U.S.-based online website specializing in business-related news, reported on the emergence of a “Beer Index.”
Based on a comprehensive list of the average price of a domestic draft beer in different countries and minimum monthly wage data from the International Labor Organization, a crowd-sourced database of the price of goods, Numeo made its “Beer Index.”
“We are able to see how long it takes someone making the minimum wage to earn enough to buy a brew at a local bar,” Quartz reported.
Some minimum wages stack up pretty favorably against domestic beer prices, while others do just the opposite. In Georgia, for instance, it takes more than half a day’s work to pay for a pint. In Puerto Rico, it takes only 12 minutes.
By Lee Shin-young, Intern reporter (firstname.lastname@example.org)