If you desire to buy the most cost effective bottle of wine without sacrificing quality, look no further than Portugal.
The European country is the least expensive locale to purchase a bottle of quality wine. On average, a normal 750ml bottle of wine costs about £3.49, or about $4.17, in Portugal, based on Compare My Jet’s “World’s Wine Habit Index.”
For comparison, the typical price for a bottle of wine in america is greater than triple what you’ll pay in Portugal. No matter size or origin, the typical price within the U.S. is about $13.36 as of January 2023, based on data from the Federal Reserve.
Compare My Jet compiled the typical prices of wine in 38 countries that belong to the Organization for Economic Cooperation and Development (OECD). CNBC Make It converted all prices from kilos to the U.S. dollar equivalent on Feb. twenty third, 2023.
Listed here are the ten least expensive countries to purchase a bottle of wine.
Methods to find inexpensive wine without sacrificing quality
Whether it’s high or low, “price doesn’t necessarily have anything to do with the standard or taste of a wine,” Jon Thorsen, creator of the “Reverse Wine Snob,” told CNBC Make It in 2019.
Nevertheless, some experts recommend staying away from the most cost effective options. Wine priced under $20 tends to be mass produced and farmed with synthetic pesticides and fungicides, Mark Osborn, lead sommelier at SommSelect, told CNBC Make It earlier this month.
Osborn has tasted greater than 15,000 bottles of wine and says a great bottle is usually priced between $30 and $60.
To seek out a great deal, search for wine from a spot off the beaten path. Since name recognition can drive up the worth, regions that are not as well-known are likely to cost lower than the more popular regions, Osborn says.
As a substitute of reaching for an expensive bottle of Cabernet Sauvignon from Napa Valley, try getting one from somewhere nearby, reminiscent of Paso Robles, California, Ray Isle, executive wine editor for “Food & Wine,” told CNBC Make It in 2019.
“I at all times suggest seeking to lesser known regions and fewer familiar grapes — that is where a few of the great bargains are,” Isle says.
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Don’t miss: Sommelier who’s tasted 15,000 wines: In case you want quality, don’t spend under $30 on a bottle
