Originally Posted by
Vellus
Expensive!
I'll preface this by saying I'm American, so I'm very familiar and use to the US Dollar.
A few months ago I moved to Europe, and within the last four months I've traveled to England, Ireland, Germany, Spain, Belgium, and Italy, and I'm astounded at the prices of things. The Euro is around 1.36 US Dollars at the moment and the pound is 1.63 US Dollars. I can see and understand the economics of why bills are stronger, but why is there absolutely no consistent prices anywhere? In the US I can get a pint at a bar for 5 Dollars, but when I come to Europe, it's still 5 Euro (almost 7 US Dollars) and in England it's still 5 Pounds (around 8 US Dollars).
Payroll I hear isn't much different in correlation to the US, so why is everything significantly more expensive in Europe? Why isn't everyone moving to the US and increasing their money's value by 50%?
TLDR: Why are beers 5 US dollars in the United States, but 7 (5 Euros) in the EU or 8 (5 Pounds) US dollars in the UK