The price is USD. The average price for all countries is 8.64 USD. The database includes 43 countries.Definition: The Big Mac menu price refers to the package price of a Big Mac burger, French fries, and a co*ke. The data are collected by our in-house team without automation. In each country, we use at least three sources of price data such as large store chains and online sellers. (USD / 1 menu,
A Chinese Big Mac cost 25 yuan in December 2023, whereas the American version came to $5.69. Divide one by the other and the Big Mac index
Big Mac index
The theory underpinning the Big Mac index stems from the concept of PPP, which states that the exchange rate between two currencies should equalize the prices charged for an identical basket of goods. However, in reality, sourcing an identical basket of goods in every country provides a complex challenge.
The average cost of a U.S. Big Mac in June 2023 was $5.58, according to The Economist. That's $1.40 more than it was in June 2013. The Economist has been tracking the cost of McDonald's signature burger around the world for almost 40 years.
The cost of a hamburger is around 12 yuan, 7 yuan for fries, and a drink costs 7–10 yuan. Usually you can get a meal combo for 40 yuan (6.5 USD) including hamburger, fries, drink, and fried chicken.
The ten countries with the lowest Big Mac Index are Turkey, Hungary, Taiwan, Malaysia, Egypt, India, Indonesia, South Africa, Romania, and Venezuela. In Venezuela, the cost of a Big Mac is just $1.76, a reflection of the nation's ongoing hyperinflation and currency devaluation.
Switzerland boasts the world's most expensive Big Mac, priced at 7.73 US dollars, showcasing the country's robust economy and strong currency. Concurrently the cost of a Big Mac was 5.58 dollars in the U.S., and 5.82 U.S. dollars in the Euro area.
The most expensive Big Mac in the United States can be found in Hawaii, where it will run you $5.31 — a long way from its 1967 debut price of 45 cents. The cheapest, meanwhile, will require a road trip down to Mississippi where they sell for a comparatively cheap $3.91.
The price of Combo meal in fast food restaurant (Big Mac Meal or similar) in Beijing is 40元 This average is based on 8 price points. It can be considered reliable and accurate. Latest update: February 12, 2024.
McDonald's restaurants in China offer several Chinese dishes, such as youtiao (油条, Chinese deep-fried dough) and cakes with taro filling (a kind of sweet potato). Additionally, green tea is not only used to make teas but also used in sweets and hamburger buns, which gives them a vivid green color.
At 8.17 U.S. dollars, Switzerland has the most expensive Big Macs in the world, according to the January 2024 Big Mac index. Concurrently the cost of a Big Mac was 5.69 dollars in the U.S., and 5.87 U.S. dollars in the Euro area.
To obtain the Big Mac PPP exchange rate between two countries, the price of a Big Mac calculated in the country's currency is divided by the price of Big Mac in another country. The value obtained will be the exchange rate. This value is then compared with the actual exchange rate.
The Fond du Lac, Wisconsin, man has again claimed the Guinness World Records title for the most McDonald's Big Macs eaten in a lifetime, swelling his count to more than 34,000 burgers after eating 728 more of the signature sandwiches last year.
But his focus on affordability marked a shift from just a few months ago, when he boasted that US menu prices, which went up as much as 10% in 2023 alone, weren't deterring sales. “Even though we're pushing through pricing, the consumer is tolerating it well,” he said in October analyst call.
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.
According to McDonald's, the first Big Mac-esque sandwich was created by owner and operator Jim Delligatti of Pittsburgh in 1967, but it wouldn't be released nationwide until 1968.
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