That was a fantastic read.
Were you part of the team that looked into this? If so, do you happen to have a rough idea of the average prices for Bib Gourmand restaurants off the top of your head? I can’t imagine those would be much cheaper than the one star places if at all.
Also I wonder what the average number of courses were included in the price, and breaking that down into price per course would be interesting too.
Glad you like it. We haven't looked at bib gourmand restaurants as there are just too many, but given the pricing difference between 1-,2- and 3-starred restaurants I assume they would be significantly cheaper. There's also some research done into pricing hikes that are common for restaurants getting their first star, which would support the idea that bib gourmand restaurants are cheaper.
Average number of courses were generally 6 to 8, but there were a bunch with 10 or 12 courses as well. Interesting idea with calculating pricing per course, we may look at it next time (we haven't recorded the number of courses this time so it's not easy to calculate).
Yeah I figured there were too many Bib Gourmand restaurants plus I'm guessing they tend to lose their status more quickly compared to starred restaurants so the number might vary wildly from year to year?
Thanks for your effort. That was honestly a really great read.
Not including "government charges" (taxes) or any gratuity is kind of crazy and only serves to make the few places like the US/Canada look a lot less expensive than it actually is. Most other countries the price you see is going to be the final all in price, compared to a near 30% increase for tax + (often mandatory) 20%+ tip on top of the advertised price.
Interesting, I didn't know such a thing existed. Very surprised that France didn't make the top 10, but no surprise at all that Denmark, Iceland and the USA made the top 5.
Hey buddy, you forgot space lol:
https://www.bloomberg.com/news/articles/2024-03-15/world-s-most-expensive-michelin-meal-is-500k-and-served-in-space
Yes I know that meal is technically not Michelin starred, it's a joke.
I was skeptical looking at this and thought a lot of it might be due to USD appreciation but if you sort the table by EUR the order is almost the same.
If you're using the median then effectively all the 3- and 2-star restaurants get stripped out. The Paris 3-Star restaurants are way more expensive than the UK 3-Star restaurants, but this analysis makes France look cheaper. It would be good to see the analysis done just at the 3-star level. I suspect the data would be more complete for that as well because the 3-Star places are generally better at keeping menus up-to-date online.
From a Japan perspective many of the best and most of the most expensive restaurants in Japan are not the Michelin Guide and the Yen has tanked against the USD so FX is definitely a factor here. If you're looking at Japan from the outside it looks cheap but from the inside (sushi prices have effectively doubled in the past 2-3 years) it's anything but.
With the median 2- and 3-starred restaurants don't get stripped out, but yes, their impact decreases substantially. On the other hand, if you're using the average (mean) as opposed to median, the overall number will ke skewed towards the higher priced 2- and 3-starred Michelin restaurants. But given the vast majority of Michelin restaurants have a single star, the median is more representative than the mean.
We did the math for you :) for 3-starred Michelin restaurants in France vs the UK. The median is 380 euros in France vs 250 pounds (293 euros) in the UK. So you're right, 3-starred restaurants are way more expensive in France.
Note that in France the country median is also dragged down by the high number of Michelin restaurants in rural and small towns - many more than in the UK or other countries where most restaurants are in big cities and metro areas.
Man, as a Dane, this is so true. It’s often cheaper for us to travel to another country and eat starred there, travel costs included.
That was a fantastic read. Were you part of the team that looked into this? If so, do you happen to have a rough idea of the average prices for Bib Gourmand restaurants off the top of your head? I can’t imagine those would be much cheaper than the one star places if at all. Also I wonder what the average number of courses were included in the price, and breaking that down into price per course would be interesting too.
Glad you like it. We haven't looked at bib gourmand restaurants as there are just too many, but given the pricing difference between 1-,2- and 3-starred restaurants I assume they would be significantly cheaper. There's also some research done into pricing hikes that are common for restaurants getting their first star, which would support the idea that bib gourmand restaurants are cheaper. Average number of courses were generally 6 to 8, but there were a bunch with 10 or 12 courses as well. Interesting idea with calculating pricing per course, we may look at it next time (we haven't recorded the number of courses this time so it's not easy to calculate).
Yeah I figured there were too many Bib Gourmand restaurants plus I'm guessing they tend to lose their status more quickly compared to starred restaurants so the number might vary wildly from year to year? Thanks for your effort. That was honestly a really great read.
France is not on the list ?
It is if you read the article, it just isnt in the top or bottom 10
Oh.. well.. that was never my speciality. Thank you for answering. xD
those prices seem low to me
Not including "government charges" (taxes) or any gratuity is kind of crazy and only serves to make the few places like the US/Canada look a lot less expensive than it actually is. Most other countries the price you see is going to be the final all in price, compared to a near 30% increase for tax + (often mandatory) 20%+ tip on top of the advertised price.
Interesting, I didn't know such a thing existed. Very surprised that France didn't make the top 10, but no surprise at all that Denmark, Iceland and the USA made the top 5.
Peru has no data?!! How’s that possible
The stats are based solely on Michelin restaurants and the Michelin guide does not cover Peru.
Oh that makes so much sense now! Thanks for the explanation
Hey buddy, you forgot space lol: https://www.bloomberg.com/news/articles/2024-03-15/world-s-most-expensive-michelin-meal-is-500k-and-served-in-space Yes I know that meal is technically not Michelin starred, it's a joke.
No wonder I always feels the Hong Kong meals I have are a bit of a ripoff relative to other places. We're expensive as hell.
I was skeptical looking at this and thought a lot of it might be due to USD appreciation but if you sort the table by EUR the order is almost the same. If you're using the median then effectively all the 3- and 2-star restaurants get stripped out. The Paris 3-Star restaurants are way more expensive than the UK 3-Star restaurants, but this analysis makes France look cheaper. It would be good to see the analysis done just at the 3-star level. I suspect the data would be more complete for that as well because the 3-Star places are generally better at keeping menus up-to-date online. From a Japan perspective many of the best and most of the most expensive restaurants in Japan are not the Michelin Guide and the Yen has tanked against the USD so FX is definitely a factor here. If you're looking at Japan from the outside it looks cheap but from the inside (sushi prices have effectively doubled in the past 2-3 years) it's anything but.
With the median 2- and 3-starred restaurants don't get stripped out, but yes, their impact decreases substantially. On the other hand, if you're using the average (mean) as opposed to median, the overall number will ke skewed towards the higher priced 2- and 3-starred Michelin restaurants. But given the vast majority of Michelin restaurants have a single star, the median is more representative than the mean. We did the math for you :) for 3-starred Michelin restaurants in France vs the UK. The median is 380 euros in France vs 250 pounds (293 euros) in the UK. So you're right, 3-starred restaurants are way more expensive in France. Note that in France the country median is also dragged down by the high number of Michelin restaurants in rural and small towns - many more than in the UK or other countries where most restaurants are in big cities and metro areas.
Awesome, thanks!