New York City’s Fifth Avenue, London’s Bond Street, Milan’s Via Monte Napoleone, all have one thing in common: They’re the world’s most iconic streets for designer shopping. But if you’re actually in the market for luxury, fashionable goods, where do you go to snap up the latest designer gear at an affordable price?
New research from money.co.uk has analyzed the cost of designer shopping from around the world in 2021 and produced a list of the cheapest and most expensive countries to purchase luxury, fashionable goods. If you’re saving up for a Prada leather bag or Cartier Love Bracelet, here are the cheapest and most expensive locations where to buy them.
The Chanel 2.55 handbag
This is one of the most sought-after and classic handbags in the world and the price of this item can vary hugely depending on where you’re shopping. The data shows that the cheapest place to purchase this timeless piece is the United States, costing an average of $6,800, whereas in Australia this will set you back a whopping $8,331.
The Prada Galleria Saffiano leather handbag
The Prada Galleria Saffiano is another must-have in the designer world. Russia comes in first as the most affordable place with a price of $2,598, in comparison to South Korea where it’s on the market for $3,124.
The Fendi White Canvas Baguette bag
The Fendi Baguette bag is a beautiful accessory with an embroidered FF motif and Fendi clasp. Purchasing this in EU countries is a smart choice as you can pick this up for $2,625. China tops the charts with the most expensive listing of this item, pricing it at $3,353.
The Cartier Love Bracelet
Eighteen-carat yellow gold, this high-end bracelet is one of the most popular jewelry pieces in the world. If you’re looking to purchase this for a loved one and you’re in the US, you’re in luck. You can pick this up for as little as $6,500. Norway on the other hand has it coming in at $8,673.
The Burberry Chelsea trench coat
This trench coat has been sought after for over 100 years and is a staple in the wardrobes of many fashionistas around the world. If you’re interested in investing, Russia comes in again with the most affordable price at $1,884. China’s shops charging an average of $2,577 for the slim-fitting coat.
After going through all of the average costs of designer accessories, clothing, jewelry, and bags it might come as a surprise that, according to this research, the US and Europe are the cheapest places in the world to shop. So much so that if you’re considering purchasing a particular item, it might be smart to combine a European vacation and shopping trip together.
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