why is food cheaper in Asia?

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I live in the U.S but I am Asian. When I visit Asian countries I’m always surprised that food overall (groceries and restaurants) tends to be cheaper, even in wealthier countries like Korea and Japan. Even without tipping culture they seem to be able to pay their workers and keep prices low? How do they do it?

In: Economics

11 Answers

Anonymous 0 Comments

Different foods are different prices. For example a pizza in Asia is considered fine dining. 

They also charge a lot for steak. Meat is considered a treat in Japan while we eat meat everyday. 

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