Our conclusion: despite the huge difference in living standards and average wages, prices in Germany are for the most part cheaper. In Macedonia, only salt, coffee, fruits and vegetables are significantly cheaper.
The analysis of the German Institute VSI for the cost of living in European countries that we published last week caused a lot of controversy on social networks. It claimed that the basic life products in Macedonia are among the cheapest in Europe and that such a difference leads to one euro earned in Germany being worth twice as much in Macedonia.
Guided by this conclusion, we started a direct analysis of the prices of basic life products in Macedonia and Germany.
Our analysis indicates that products in Macedonia are not only not cheaper, but are at least at the same price or even more expensive than rich Germany. Our conclusion: despite the huge difference in living standards and average wages, prices in Germany are for the most part cheaper. Salt, coffee, fruits and vegetables are cheaper in Macedonia.
