Australia & the Pacific Forums

Start a new topic Change Forum
Advanced search

Aust/US restaurant prices

Jump to last reply

Recently an American Fodorite commented on high restaurant prices in Australia. So I got to wondering, and played a little game. I picked a highly rated restaurant in Sydney (Marque) and another in San Francisco (Chez Panisse), and compared the price for a 3-course meal in each.

In accordance with local custom I allowed a 10% tip at Marque and 25% for tip and taxes at Chez Panisse. I tilted the comparison in Chez Panisse's favour by using their weekday set price of US$65 rather than Saturday night's $75, and the sum of the highest-priced courses at Marque (AU$89) rather than the lowest ($74). I used an exchange rate of AU$1 = US$0.76.

Now, not having patronised either I can't be entirely sure that I'm comparing apples with apples - I relied on reviews in the Sydney Morning Herald and Foodtourist.com (who gave them equal ratings) - so I'd welcome comment from anyone who has.

Also, I wasn't able to allow for wine prices. With those disclaimers the numbers came out as follows:

Marque: AU$97.90 (US$74.40)
Chez Panisse: US$81.25 (AU$106.91)

We could argue about relative purchasing power - i.e. whether AU$1 to an Australian at home means the same as US$1 to an American at home. If it does, Marque is 17% more expensive than Chez Panisse (bearing in mind that I've tilted the comparison in CP's favour). But to a visiting Australian who's earned his/her travel dollars in Australia, CP is 9% more costly, and to a visiting American who's earned his or her travel dollars in the US, CP is still more expensive (7%) than Marque. Note that wine hasn’t been allowed for.

Any budding economists out there are more than welcome to query my methodology, of course. Have I missed something?

9 Replies |Back to top

| Add a Reply

Sign in to comment.

Recent Activity

  • Announcements:
  • Forums Style Refresh
    by Emily_D Fodor's Editor | Posted on Apr 27, 15 at 11:33 AM
  • Introducing MeganM
    by Emily_D Fodor's Editor | Posted on Apr 24, 15 at 03:23 PM
View all Australia & the Pacific activity »
  1. 1 If you had 2 months for NZ and Australia
  2. 2 Perth, Red Center itinerary - need help!
  3. 3 Four Seasons Sydney
  4. 4 Auf Wiedersehen Australia
  5. 5 Christchurch or Akaroa?
  6. 6 Sydney Airport Hotels?
  7. 7 5 days in Tasmania--help needed
  8. 8 Which Island for a longer stay?
  9. 9 Help organizing a Tasmanian road trip
  10. 10 NSW/Queensland- 4 free days
  11. 11 Sydney
  12. 12 Extra time in Melbourne
  13. 13 DIY Sydney surroundings
  14. 14 best time for traveling in the kimberley and NT
  15. 15 Renting (hiring) a car near Sydney - or not
  16. 16 NZ North Island Itinerary Critique
  17. 17 Margo Oz are you there ?
  18. 18 Need help for Dec.-Jan. Australia trip--Melbourne, Tazzie?, KI?, GBR
  19. 19 Tassie in winter
  20. 20 Itinerary help Australia & New Zealand
  21. 21 The perfect exotic and romantic location for my girlfriend's 21st?
  22. 22 New Zealand advice
  23. 23 New Zealand for Solo Travelers
  24. 24 Trip Report The Earth Makes Music for Those Who Listen; Siblings on the South Island
  25. 25 Booked flights to Brisbane mid-June
View next 25 » Back to the top