Hungary – happiness – and my Coffee Index

HUNGARY – HAPPINESS – AND MY COFFEE INDEX

“Money, while it cannot buy happiness, is an important means to achieving higher living standards” – a quote by OECD.

In Hungary, the average household net-adj. disposable income per cap is USD 15 442 a year, less than 60% of the OECD average of USD 25 908 a year. (There is also a considerable gap between the richest and poorest – the top 20% of the population earn close to five times as much as the bottom 20%).

According to the Hungarian statistical office the monthly net per capita income is about 150,000 Ft (in 2015 fall) which is about USD 530. (the reality is actually even worse).

While a simple cup of COSTA coffee (like a European Starbucks) costs about USD 3.5 (I am just talking about a simple Americano (or long espresso), not even a specialty coffee :)).

So the monthly income is good enough to buy 150 cups of coffee but nothing else.

… I will continue to discuss the coffee cost of living (CCL) for other countries around the world in my posts