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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.
Today. By 2020, the average price of a Big Mac was $4.89, and between the pandemic and now, it's risen. My local Mickey D's has 'em for five bucks, and almost nine if you want the combo.
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 ...
“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 Mega Tamago Mac, a limited variant of the Big Mac, was launched in Japan, consisting of three patties, a fried egg, bacon, and cheese. [38] The Chicken Big Mac is a Big Mac with two breaded chicken patties sold in US, [39] UK, [40] [41] Canada, [42] Pakistan, Egypt, UAE, Kuwait, Qatar and other countries as a limited-availability or ...
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 ...
In the Bureau of Labor Statistics’ Consumer Price Index, the food at home category rose only 1.3% between December 2022 and December 2023, but food away from home rose 5.2%.
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.