What is foursquare place price options?

Question

I am integrating foursquare place api. They provide place price as numeric value (1~4) This is their official doc

I want to know exact price value. For example, for 1 Cheap => 1$ ~ 100$

They have no explain about this. Where can I get this info?

Thanks

Answer 1

The price value is a relative allocation. The algorithm scraped menu prices and does a comparison of nearby places (simplest way to explain it). So there isn't an actual dollar amount assigned to any tier.