The folowing chart illustrates the price of a tall Starbucks Latte across countries based on the relative prices of other goods. Note it’s more than just a currency purchasing power parity measure such as the Big Mac Index.
But how indulgent is Starbucks beyond our borders? To assess that, we took prices for the drink in 39 other countries and adjusted them to reflect the cost of other goods and services there compared with the U.S. (See the methodology below for more on how we generated this data.) – ValuePenguin
(COTD = Chart of the Day)