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It turns out the average price of a Big Mac varies widely from state to state, with the signature McDonald’s burger selling for $3.91 on the low end up to $5.31 depending on where you’re dining.
The latest Big Mac Index, which was reported in January 2024, found the average price of a Big Mac to be $5.69.However, as previously mentioned, McDonald's prices can vary by location. Right now ...
A Big Mac will cost you $6.49 downtown and $6.79 in the Industrial District, while the price of 10 McNuggets, generally less than $7 in many places, skyrockets in the shadow of the famed Space ...
Big Mac index, November 2022. The Big Mac Index is a price index published since 1986 by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies and providing a test of the extent to which market exchange rates result in goods costing the same in different countries.
“The average price of a Big Mac in the US was $4.39 in 2019,” Erlinger said in his recent letter. “Despite a global pandemic and historic rises in supply chain costs, wages and other ...
The Big Mac–Wage Metric [Note 1] is a category of many similar economic measures which are semi-humorous ways to compare purchasing power parity and wage parity.The metric compares the relative price of a Big Mac, a hamburger sold at the McDonald's Franchise, in a country or region, and compares it to that region's wages.
The restaurant faced some scrutiny for its through-the-roof prices, which allegedly landed the Big Mac meal at nearly $19. According to the McCheapest map, Big Macs at this location cost a hefty ...
Big Mac prices have also risen since 2021—though not quite as significantly as the cheeseburger prices. Restaurant Business Magazine found that the burger is 16.4% more expensive on average now ...