Saturday, Nov 01, 2014

FIFA World Cup: Heading to Brazil? Be prepared to shell out $682 per day

People play football at Ipanema beach in Rio de Janeiro. Rio is one of the most expensive cities in an astoundingly expensive Brazil (Source: Reuters) People play football at Ipanema beach in Rio de Janeiro. Rio is one of the most expensive cities in an astoundingly expensive Brazil (Source: Reuters)
Associated Press | Rio De Janeiro | Posted: June 6, 2014 3:14 am | Updated: June 6, 2014 11:24 am

prices. Take iPhones: The 5s that costs $199 in the US has a starting price of $1,250 on Apple’s Brazilian website. Need a pair of running shoes? A pair of the popular Nike Flyknit Lunar 2 runs about $313 at a Rio shopping mall – nearly triple the U.S. price. The examples go on. Levi 501 jeans start at $80.

The $6.28 Big Mac is among the most expensive in the world.

“Everything is expensive,” said Nadir Fraguas, a retired bank employee who was at a Rio mall pondering whether to spend the equivalent of more than $100 on a Brazil national team jersey for her grandson. “Here, you pay a lot and you get very little.”

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