This is an imperfect “experiment” over a complex subject, but it’s a thing I like to do to visualize the sheer gap between the dollar and the brazilian real, which is checking “how many federal minimum wage hours would take to buy a thing”. It goes like this:
Under the US federal minimum wage of USD 7.25 per hour, a copy of Sid Meier’s Civilization VI on Steam (priced at USD 59.99) would come around at 8.2 hours.
That same game is sold on Brazil at BRL 129.00. At the current federal minimum wage of BRL 6.90 per hour, that comes around at 18.6 hours.
That is, however, after the publisher has already applied Steam’s dynamic pricing to lower the cost of the game for our region. At its full dollar price, the game would cost around BRL 350, being generous with the conversion rate. How many federal minimum wage hours do you think that is?