With the war in Ukraine and the effects of climate change, rising food prices are one of the world’s main concerns. A key indicator is the price of bread, the quintessential staple food for much of the world.

ANSWER

Iceland. According to Numbeo, one of the world’s largest databases on the cost of living, a 500-gram loaf or loaf of fresh white bread costs US$3.09 in that country. Venezuela is the Latin American country where bread is most expensive (US$2.15), placing it at No. 14. Chile, meanwhile, ranks 56th.

Source: Numbeo