SA among cheapest for date night

accreditation

Johannesburg - Budget conscious South African lovebirds are getting some of the best value in the world when going out for a night on the town.

This is according to Deutsche Bank's Cheap Date Index – which measures the cost of a movie-and-burger-date in 32 global cities in US dollar terms. It shows that South Africans can show their partner a good time without breaking the bank, compared to what other heartthrobs have to pay.

The date index includes the price of cab rides, dinner for two at a pub or diner, soft drinks, two movie tickets and a couple of beers.

Deutche Bank’s  index, released last month, showed that a date cost a lot less in Jozi or Cape Town than in many other great cities around the world. In Johannesburg a cheap date will cost you about R824 ($65). Cape Town is even cheaper with R659 or $52.40.

In comparison other major cities offer no cheap rounds.

Financial hub Zurich is the most expensive city in the world to go on a date. A casual night here will set you back R2 480 or $195.90. In New York a date will cost you around R1 639 or $129.50. Tokyo also requires some significant capital - a night out here amounted to R2 063 or $163.

At the other end, people in India can afford to splurge on their dates. A night out in Delhi will cost you a little over R557 or $44, while the same would cost you $46.70 in Bengaluru and $50.70 in Mumbai.

This year the bank also included a 'bad habits' index, which considered the costs of cigarettes and beers. South Africa came first here in affordability, while it is most expensive to sin in Australia and Singapore.

For many South Africans R600 might still sound incredibly expensive for a cheap date.

Personal finance portal MyTreasury.co.za also perused the index and said it showed just how prices have shot up in South Africa.

“When we consider that an ordinary movie ticket costs around R70 at most major malls, and a pizza with a Coke easily comes to around R100, we’re at R340 for two people before we’ve even thought about transport or liquor,” it said. “Throw in two ice cold Castles at R30 each, and R60 each way for a cab (no driving after those beers) and we’re just about breaking R500.”

Watching your movie in 3D and treating yourself to a craft beer will push up the price even further, it said.

Many would also be intrigued to find out that going out on a date cost most in Johannesburg than in Cape Town. MyTreasury said the calculation was probably based on averaged prices that won’t necessarily account for regional variation within a city.

“For example, drinks and a light meal on the Atlantic Seaboard will tend to cost more than in the Cape Town suburbs.”

MyTreasury also believed that the report was a snapshot of how far our currency goes. “The fact that a night out in Sandton costs far fewer dollars than a night in Manhattan says something about the cost of goods, but it also says something about the relative strength of the rand.” 

SUBSCRIBE FOR FREE UPDATE: Get Fin24's top morning business news and opinions in your inbox.

Read Fin24's top stories trending on Twitter:

We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For only R75 per month, you have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today.
Subscribe to News24
Rand - Dollar
14.24
+0.2%
Rand - Pound
19.89
+0.1%
Rand - Euro
16.99
+0.3%
Rand - Aus dollar
10.79
-0.1%
Rand - Yen
0.13
+0.4%
Gold
1,777.30
-0.1%
Silver
25.87
+0.4%
Palladium
2,612.30
+2.1%
Platinum
1,091.08
+0.8%
Brent Crude
74.81
-0.1%
Top 40
59,764
+0.5%
All Share
65,820
+0.4%
Resource 10
63,003
+1.7%
Industrial 25
86,786
-0.5%
Financial 15
12,891
+0.4%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Voting Booth
Should government have assigned a majority shareholding in SAA to the private sector?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes, It's a good decision
70% - 562 votes
Not a good move
9% - 69 votes
Too early to tell
21% - 172 votes
Vote