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

Even though Japan is one of the wealthier countries in Asia, the average income is only around half the average US income.

So the answer is just that for someone actually working and living in Japan, the food is not really that much cheaper for locald in relation to the income as it seems

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