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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.
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 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.
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.
“The average price of a Big Mac in the U.S. was $4.39 in 2019,” he said. ... in Connecticut charging $18 for a Big Mac combo meal. The photo sparked a nationwide debate on soaring fast-food ...
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 ...
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.”
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 ...