The prices of alcohol and tobacco in Norway are 120% above the European average. No other country in Europe has more expensive alcohol and tobacco than Norway.
Iceland is in second place in Europe, 30% behind the price level in Norway, according to new figures from the European Purchasing Power Survey 2020, Statistics Norway (SSB) writes.
Norway has had the highest price level for alcohol and tobacco for many years. The difference between Europe and Norway was nevertheless lower last year than in 2018. In 2019, the prices of alcohol and tobacco were 136% above average.
The survey also shows that Norway is the most expensive when it comes to food and non-alcoholic beverage in the Nordic region. While prices in Iceland and Denmark are 29% above the average, prices in Sweden are 21% above the average. In Finland, they are 19% above the average, while Norwegian prices are 51% above the average. In Europe, only Switzerland has more expensive food and non-alcoholic beverages than Norway.
In total, the price level in Norway is 39% above the average in Europe, which makes Norway the third most expensive country. Switzerland is in first place with a price level that is 70% above the average, while Denmark is in second place (40% above the average).
Turkey has the lowest prices – 62% below the average.
Source: © NTB Scanpix / #Norway Today / #NorwayTodayFinance
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