Follow Bluewater

Quenching your thirst from a bottle can be costly…

Blog post   •   Aug 12, 2014 05:22 EDT

Are consumers fazed by news insights that bottled water can cost up to 2000 times more than tap water? It doesn’t seem so judging by the figures…

According to some research, it appears that at an average cost of $1.22 per gallon, consumers are spending 300 times the cost of tap water to drink bottled water.

A report on online mag Businessinsider.com quoted ConvergEx Group Chief Market Strategist Nick Colas as reporting that the bottled water industry ‘grossed a total of $11.8 billion on those 9.7 billion gallons [sold in the USA] in 2012, making bottled water about $1.22/gallon nationwide and 300x the cost of a gallon of tap water,’. He went on to say that if one takes into account the fact that almost 2/3 of all bottled water sales are single 16.9oz (500 mL) bottles, though, this cost is much, much higher: about $7.50 per gallon, according to the American Water Works Association. ‘That’s almost 2,000x the cost of a gallon of tap water and twice the cost of a gallon of regular gasoline.’ he concluded

Read more: http://www.businessinsider.com/bottled-water-costs-2000x-more-than-tap-2013-7#ixzz387FH0gB4

Comments (0)

Add comment

Comment

Agree With Privacy Policy