Price comparison: A filet mignon dinner

If you are an expatriate or a business traveler in Asia, having at least one business meal where filet mignon is on the menu is inevitable. Hence, the Asian Wall Street Journal’s weekly Arbitrage column has recently conducted a survey of prices for eight-ounce (200 gram) filet mignon dinners at steak houses around Asia. The survey gives a good idea of just how much that next business meal in a traditional steakhouse will set you back for (however, drinks are not included in the survey). 

Price Comparison*

Shanghai	294 Yuan	US$42.97
Hong Kong	HK$252	US$32.69
Singapore	S$47	US$32.37
Seoul	39,747 Won	US$30.71
Jakarta	283,333 Rupiah	US$27.89
Manila	1,050 Pesos	US$21.76
Kuala Lumpur	59 Ringgit	US$16.35

*Prices include taxes and are based upon a survey of centrally located restaurants. US$ prices are based upon exchange rates as of July 15, 2009.