I’ve heard of that, there’s an iPod index too I think 🙂 Personally bread and Coca-cola are my internal (albeit highly inaccurate) gauges.

Here’s an excellent free Web app you can use as well to get prices on all sorts of things:

http://www.techguidefortravel.com/2010/03/23/estimate-travel-costs-with-web-app-budget-your-trip/

This is a little trick I have been applying for many years and does work quite well. In places where the currency is not much different from the USD (doing this with Kip in Lao or Baht in Thailand doesn’t work too well) it it is a handy solution to a common problem.

Another index I use to compare prices is the well known Big Mac index. If the country you are in has McDonald’s check how much the Big Mac menu costs in local currency. You now know what the same thing u get at home costs here, and thus is a good way of comparing other items later on.

Good post!

Federico

It reminds me of something like cursing or hearing curses in another non-native language. Doesn’t quite have the same effect or emotional impact.

Good trick, especially helpful in Europe where the prices seem very inflated!