This makes the average value of drinkable water high. But we’ve already got a lot of water, so the value of an additional gallon of water (in developed countries) is very low. If I, a citizen of a developed Western nation, have one additional gallon of water, that means I may simply have a slightly deeper bath one evening. This is why the cost of a gallon of water from the tap in New York City, where I’m writing these lines, is just $0.015—less than two cents.
