May not be good comparision but may worth to mention.
I buy a small bottle of water or a cane of coke almost anywhere in USA for under one US $. Last year during summer vacation in Europe, I paid 5 Euro for the the same thing in Paris, 3 EU in Italy and Switzerland, 1.5 to 2 Pound in UK.
So to me appears yes. You are either richer or have used to pay more...
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S a s s a n .
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"My home is where I walk across the street with my head erect.”
Heinz Alfred Kissinger
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