Deutsche Bank's Global Markets Research Team recently published a report that compares the prices of American goods and services to prices around the world.
Generally speaking, developing countries offered lower prices for comparable goods than developed countries. With the exception of Brazil.
You'll quickly learn that Americans really have no business complaining about high prices.
However, there is one good/service that is excruciatingly expensive in the U.S. Can you guess what it is?
Each slide includes local prices in US dollar terms and the percentage relative to the US price.
Big Mac -- $4.20 in the US
1. Norway -- $6.79, 162%
2. Switzerland -- $6.82, 162%
3. Sweden -- $5.91, 141%
4. Brazil -- $5.68, 135%
5. Denmark -- $5.37, 128%
Source: Deutsche Bank
Daily Car Rentals -- $86.99 in the US
1. France -- $163.92, 188%
2. Russia -- $157.72, 159%
3. UK -- $156.11, 179%
4. New Zealand -- $138.00, 159%
5. Brazil -- $123.21, 142%
Source: Deutsche Bank
Five Star Hotel Rooms -- $439.0 in the US
1. Russia (Moscow) -- $866.40, 197%
2. Australia (Sydney) -- $858.60, 196%
3. France (Paris) -- $483.70, 110%
4. UK (London) -- $458.80, 105%
5. Brazil (Sao Paulo) -- $439.50, 100%
Source: Deutsche Bank
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