Beaches, restaurants, hotels: Why is Lebanon so expensive?
While inflation soared by 60 percent over the past year, the rise in prices was similar to that of the exchange rate to the dollar throughout the crisis.
“We paid too much for not much," said Nour, after a day at the beach, where he paid $40 to enter and $20 for food and drink. Nour, Lebanese and living in France, had returned to Lebanon for a few days, finding himself faced with ever-rising prices.His case is far from isolated: Despite the war in the south, beach prices range from $5 to $60 this year, compared with $3 to $40 in 2023. A ham and cheese sandwich at the beach costs $9, a fresh orange juice costs $5 and a piece of cake costs $4.Even in some mid-range restaurant chains, the smallest snack can quickly hit double figures in greenbacks. “Just the other day, I paid $20 for a manousheh, a coffee and a small bottle of water in a restaurant in Raouche. I don’t mind paying for a view of the rock, but you’d pay this price for a salmon plate in Paris’ tourist areas. I always feel like...
“We paid too much for not much," said Nour, after a day at the beach, where he paid $40 to enter and $20 for food and drink. Nour, Lebanese and living in France, had returned to Lebanon for a few days, finding himself faced with ever-rising prices.His case is far from isolated: Despite the war in the south, beach prices range from $5 to $60 this year, compared with $3 to $40 in 2023. A ham and cheese sandwich at the beach costs $9, a fresh orange juice costs $5 and a piece of cake costs $4.Even in some mid-range restaurant chains, the smallest snack can quickly hit double figures in greenbacks. “Just the other day, I paid $20 for a manousheh, a coffee and a small bottle of water in a restaurant in Raouche. I don’t mind paying for a view of the rock, but you’d pay this price for a salmon plate in Paris’ tourist areas. I always...
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