The Big Mac index is a survey created by The Economist magazine in 1986 to measure purchasing power parity (PPP) between nations, using the price of a McDonald's Big Mac as the benchmark.

For example, in 2024, Switzerland had the most expensive Big Mac in the world, at an equivalent of $8.07 in U.S. dollars, ...

Users also mourned the McDonald's dollar menu, which has dwindled in size since 1991. "I feel like the sweet spot for ...

To illustrate how the Big Mac Index works, let's consider an example. In August 2023, a Big Mac cost $5.58 in the U.S. and £4.19 in the United Kingdom.

The Big Mac Index, a quirky economic tool, measures global currency value through the cost of a McDonald’s burger. It’s simple, bite-sized economics that anyone can understand.

That’s a lotta lettuce. The average price for a McDonald’s Big Mac in the US is now estimated at $5.15, or nearly 22% more since the pre-pandemic era, a new study shows.. The iconic burger’s ...

2010s. By 2010, the economy was starting to pick up again, and so did prices. In June 2013, a Big Mac averaged $4.18 and in July 2019, the price jumped to $4.71, according to the Big Mac Index.

Argentina's strong peso has pushed up local prices in dollar terms, with the country now having the most expensive McDonald's Big Mac in the region. It's pricier even than in Brooklyn, New York ...

The "Big Mac Index" was created in the 1980s by economists looking to evaluate the relative levels of affordability among various countries and currencies. The idea was that McDonald's Big Mac was ...

In June 2013, a Big Mac averaged $4.18 and in July 2019, the price jumped to $4.71, according to the Big Mac Index. The reason for the increase in price can be attributed to several factors.