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A Big Mac Value Meal, which also included large fries and a medium drink, cost $4.59. Four years later, the average price of a Big Mac was $2.50, according to Seeking Alpha . 2000s
The Post referred to data from The Economist’s Big Mac Index, demonstrating that while the price of the iconic McDonald’s burger has risen over the years, it’s far from $16.
If that’s the case, a 21% price increase from 2019 is less than the 23% overall rise in prices across goods and services over the same period calculated by the Consumer Price Index.
The average U.S. price of a Big Mac meal, which includes a sandwich, fries and a drink, currently is $9.29. Still, the Chicago burger giant said the cost of some items have seen bigger price jumps than the Big Mac. The average price of medium fries was $2.29 in 2019 and is $3.29 now, a 44% increase.
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.
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. It "seeks to make exchange-rate ...
McDonald’s has revealed the details of its highly anticipated $5 value meal, ... “The average price of a Big Mac in the US was $4.39 in 2019,” he wrote. “Despite a global pandemic and ...
Meanwhile, Taco Bell is leaning in on its value menu, promoting 10 items for $3 or less. The company told NBC News it “remains dedicated to offering our fans delicious food at affordable prices.”