Jamaican vs. US Prices
Comparing prices is not an easy thing to do here in Jamaica, especially as the prices I remember in Hollywood, Florida have changed as a result of several hurricanes, and huge increase in gas prices, and the effects of a housing collapse.
Two years has made a big difference.
Yet, now and again I try to make a direct comparison.
This week, I bought a box of labels for CD's, and when confronted with the J$1800 price I cussed to myself thinking that "dem was a set of tief."
Well, to my shock, the package was cheaper to get from the local store than it would be to order it in the US.
In Jamaica:
J$1569 + 15% tax = J$1827.88
From OfficeDepot.com, ordering by mail but payng no sales tax:
US$20.98 + US$7.95 = $28.93
At the current exchange rate of 70:1, it is cheaper to buy the product in Jamaica.
Prices are difficult to track, because the exchange rate is always changing, and also it's easy to forget the 15% VAT.
Labels: economy
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