I ask this question as someone living in the united states. We were talking about this in class one day. the circumstances were that you are going in with money from the u.s, I think the ammount was 50,000 dollars. I thought of Mexico, however my class mates picked islands like haiti. this seemed like An IMHO thing so i put the question here- if I am wrong sorry
What do you all think? or how about just going there with just enough money to move? what do you all think it would be then?
You’re looking for countries with the most skewed purchase power parity opposed to the United States.
PPP can be measured in many ways, but a quick ‘n’ dirty method is the so-called “Hamburger Standard”. The question is simple: what does a hamburger cost locally, converted into USD?
This site suggests Argentina as your destination. With the recent economic crisis, your American buckaroos are worth their weight in gold. Well, almost.
Well, a hamburger in particular is a bad ‘basket of goods’ to use in Argentina.
If you had used coffee, I bet you’d be telling people to go to Brazil, or if gasoline, Saudi Arabia.
If the only thing you’re interested is purchasing power, my guess is a former eastern-bloc country would have decent goods for purchase real cheap.
If your looking for some sort of overall quality-of-life answer, I’d probably say Greece.
UGGHHH country, country, could someone fix that for me? i will takewhoever fixes it to argentina for a big mac:D
strangely, i read it as country…
India would be mighty cheap… don’t know about cheapest though… a mcd meal of burger, fries and drink here costs about US$1.
stay away from Bombay though… the price of accommodation in this city was, a few years back, higher than tokyo and new york… land prices here are still one of the highest in the world…
My guess would be one of the poorer African nations such as Chad or Mali. Or perhaps Bhutan, where nearly all the population still practices subsistence agriculture. Of course it might be tough finding anything you want to buy there.
I’d have to go with an African nation, as well.
This isn’t exactly a scientific answer, but I had a teacher once who spent over a month in an African country whose name I’ve long forgotten. She handed over a $50 bill to the exchange clerk, who looked at it in awe, and handed her a giant stack of bills. She stayed over a month on that $50 and still had to give away a lot of her local currency to strangers at the airport when she left.
This probably would have been in the 1980s, so I guess you’d have to adjust some of those numbers for the present day. Still, it gives you an idea of how poor some countries really are.
Not if you like to play video games…
Thats for sure!