5 ms·

The US is not the only country who has experienced high inflation since COVID.

by glial 2y ago

tempsy 2y ago
From my experience it's become relatively more expensive than other countries even if every country has experienced inflation to a small or large extent. The joke used to be how expensive Switzerland was...now I am looking at prices in Zurich for food, drinks, hotels and it's no different than what you'd pay in a big city in the US, maybe less.
- seanmcdirmid 2y ago
  In 2007 before I left Lausanne, a Big Mac meal, was 10.5 CHF, that was maybe $8, this was before CHF hit parity with USD. Now it is 16 CHF, and CHF is now 10% more dear than USD, so I would say it has risen quite a bit? Even if not as much as a Big Mac meal did in the states (from I think $5 to $13). A better indicator would be Kebob prices, but I just don’t remember those.
  - tempsy 2y ago
    my point wasn't that a Big Mac meal in Switzerland hasn't risen since 2007 or wahtever. My point was at that time an American in Switzerland would have thought it was relatively much more expensive than a Big Mac meal here. Now it's similar.
    - seanmcdirmid 2y ago
      16CHF is like $17.60 now. That is still more expensive than the states, although I guess $13 in Seattle + tax works out to $14.30. Whatever, for what I made in Switzerland, it didn't seem like a big deal, and you can live pretty well in Swiss with very deterministic costs, whereas in the states, tax and tips sneak up on you.
- tschwimmer 2y ago
  I don’t agree. I live in the Bay Area and eating out is noticeably more expensive in Zurich than here. I find that you’re not going to get away for less than 60-70 francs for dinner for two pretty much anywhere in Zurich. Sure, there are many places you can pay that much in the bay, but you can also eat for much cheaper. Even outside the cities it’s insane. We went to a regular looking Indian restaurant 40km outside of Basel and it was 35 francs a plate. We thought the portions were going to be huge but no, maybe 200 grams of curry and a small cup of rice. Eye popping. Groceries are about the same with the exception of beef which literally seems like it’s 2-3x us prices. I think rent in Switzerland is way cheaper both in absolute terms and the value you get for your money. The housing stock is much better quality than the Bay Area. Having good public transit also makes it easier to live in a wider variety of places too.
  - tempsy 2y ago
    in what world is 60-70 francs for dinner eg under $80 or $40pp eye-popping for dinner especially when you add tax and tip to any menu price in the US? and you can't compare in-n-out to a sit down place. an average casual ramen place is like $22 a bowl now here. add an egg (yes, they don't include it anymore) and it's $25. then add one drink or something and you're at $30. Then tax is $33 and tip is another $6-7. That's $40 for a ramen and a drink.
    - tschwimmer 2y ago
      This is a reasonable middle eastern restaurant in Palo Alto: https://orenshummus.com/lunch-dinner-menu/ https://orenshummus.com/lunch-dinner-menu/ If you get 2 drinks, an appetizer and 2 sandwiches yes, it's about $40 pp. But if you just get two sandwiches it's much closer to 20-25PP. Similar story here: https://coconutspaloalto.com/menu.html https://coconutspaloalto.com/menu.html These are two restaurants in some of the most expensive real estate and highest income area in California if not the whole US. Meanwhile the Indian place was as I said, 40km outside Basel (the town was amusingly called Frick). (by the way I checked Ramen Nagi, also in Palo Alto and has lines out the door every day. Regular bowl is 15.25, an egg is 2.75. So I think your baseline is a bit high.)

The US is not the only country who has experienced high inflation since COVID.

by glial 2y ago

The US is not the only country who has experienced high inflation since COVID.

From my experience it's become relatively more expensive than other countries even if every country has experienced inflation to a small or large extent. The joke used to be how expensive Switzerland was...now I am looking at prices in Zurich for food, drinks, hotels and it's no different than what you'd pay in a big city in the US, maybe less.

seanmcdirmid 2y ago
In 2007 before I left Lausanne, a Big Mac meal, was 10.5 CHF, that was maybe $8, this was before CHF hit parity with USD. Now it is 16 CHF, and CHF is now 10% more dear than USD, so I would say it has risen quite a bit? Even if not as much as a Big Mac meal did in the states (from I think $5 to $13). A better indicator would be Kebob prices, but I just don’t remember those.
- tempsy 2y ago
  my point wasn't that a Big Mac meal in Switzerland hasn't risen since 2007 or wahtever. My point was at that time an American in Switzerland would have thought it was relatively much more expensive than a Big Mac meal here. Now it's similar.
  - seanmcdirmid 2y ago
    16CHF is like $17.60 now. That is still more expensive than the states, although I guess $13 in Seattle + tax works out to $14.30. Whatever, for what I made in Switzerland, it didn't seem like a big deal, and you can live pretty well in Swiss with very deterministic costs, whereas in the states, tax and tips sneak up on you.
tschwimmer 2y ago
I don’t agree. I live in the Bay Area and eating out is noticeably more expensive in Zurich than here. I find that you’re not going to get away for less than 60-70 francs for dinner for two pretty much anywhere in Zurich. Sure, there are many places you can pay that much in the bay, but you can also eat for much cheaper. Even outside the cities it’s insane. We went to a regular looking Indian restaurant 40km outside of Basel and it was 35 francs a plate. We thought the portions were going to be huge but no, maybe 200 grams of curry and a small cup of rice. Eye popping. Groceries are about the same with the exception of beef which literally seems like it’s 2-3x us prices. I think rent in Switzerland is way cheaper both in absolute terms and the value you get for your money. The housing stock is much better quality than the Bay Area. Having good public transit also makes it easier to live in a wider variety of places too.
- tempsy 2y ago
  in what world is 60-70 francs for dinner eg under $80 or $40pp eye-popping for dinner especially when you add tax and tip to any menu price in the US? and you can't compare in-n-out to a sit down place. an average casual ramen place is like $22 a bowl now here. add an egg (yes, they don't include it anymore) and it's $25. then add one drink or something and you're at $30. Then tax is $33 and tip is another $6-7. That's $40 for a ramen and a drink.
  - tschwimmer 2y ago
    This is a reasonable middle eastern restaurant in Palo Alto: https://orenshummus.com/lunch-dinner-menu/ https://orenshummus.com/lunch-dinner-menu/ If you get 2 drinks, an appetizer and 2 sandwiches yes, it's about $40 pp. But if you just get two sandwiches it's much closer to 20-25PP. Similar story here: https://coconutspaloalto.com/menu.html https://coconutspaloalto.com/menu.html These are two restaurants in some of the most expensive real estate and highest income area in California if not the whole US. Meanwhile the Indian place was as I said, 40km outside Basel (the town was amusingly called Frick). (by the way I checked Ramen Nagi, also in Palo Alto and has lines out the door every day. Regular bowl is 15.25, an egg is 2.75. So I think your baseline is a bit high.)