The Deutsche Bank’s Cheap Date Index which ranks the cost of going on a cheap date in different cities around the world has included Shanghai, Beijing and Hong Kong in its list.
We’ve heard all about the exorbitantly expensive dates, the most presumptuous dates, and the just plain awkward dates, but what about the cheapest dates in the world?
The Cheap Date Index, launched in 2012, measures the price of a movie-and-burger date in 32 different cities across the world in U.S dollars. In its comparison, it takes into consideration the cost of cab rides (we still want to be semi-classy after all), McDonald’s burgers, soft drinks, two movie tickets, and a couple of beers in each of the cities.
London topped the chart as the most expensive location for a cheap date, with the night coming to a total of $121 as opposed to the cheapest cheap date which can be had in Mumbai for a measly $23.
Unfortunately for us, Shanghai came out as the most pricey of all Chinese cities. Thrifty lovebirds in the city are expected to pay $61 for a steamy night out while our counterparts in Hong Kong and Beijing only have to cough up $60 and $50 respectively.
But it’s not all about love advice and saving tips. The index actually reveals much about current global prices. Tokyo’s ranking in the index has fallen recently; a reflection of the declining cost of living due to the weakening of the yen.
So what does it tell us about China?
The index reflects another important trend: China is getting more expensive, said Sanyal [global strategist at Deutsche Bank].
“China is no longer the very cheap location it used to be, it’s slowly converging with world prices,” he said.
This news most likely won’t shock many, but faced with this harsh reality, what are we to possibly do about our prospective dates?
The answer is simple, either make your date choose between the soft drinks and beers in the package (who actually needs more than one choice of beverage anyway?), or suck it up and actually take your date somewhere nice.
[Image credit: Flickr]
[Index source: Deutsche Bank]
By Mandy Liang