Price vs quality: getting more for your money
In today’s blog, we’ve taken a look at the relationship between price and quality for seven leading wine regions. The chart below compares the regions’ average three-month market prices to their Quality scores, with the data calculated from each region’s 50 best-scoring wines (in terms of overall Wine Lister score).
While six regions are clustered relatively close to each other, Burgundy finds itself at the extreme top end of the scale: its wines outperform on quality and have the prices to match. The top 50-scoring wines in Burgundy average a whopping £1,330 per bottle, driven by the likes of DRC La Romanée-Conti at £10,776 and Domaine Leroy Musigny at £7,805.
The Rhône’s wines have the lowest average Quality score but not the lowest prices: at £188 per bottle on average, they are the fourth most expensive of the group. California and Bordeaux display a very similar profile, appearing just above the trendline, indicating that these wines command high prices not simply on account of quality – brand also plays a part.
Champagne and Piedmont, meanwhile, fall below the line, suggesting that as regions they tend to offer value for money. Piedmont’s ranking is particularly impressive: second only to Burgundy in terms of average Quality score, its wines are available for a tenth of the price on average.