Saturday, June 03, 2023

Where is the Cheapest McDonalds?

At the time of writing the most expensive country in which to buy a Big Mac is Switzerland, where a MacDonald's burger will set you back SFr6.70 (around $7.37). The cheapest country to buy a Big Mac, according to the Big Mac Index, is Egypt, where a burger will cost you E£55.00 (around $1.78). According to the index the average cost of a Big Mac in the USA is $5.36.

The Economist's Big Mac Index compares the purchasing power parity (PPP) between the currencies of different countries by examining the price of a Big Mac hamburger sold at McDonalds' restaurants. The Index "is based on the theory of purchasing-power parity (PPP), the notion that in the long run exchange rates should move towards the rate that would equalise the prices of an identical basket of goods and services (in this case, a burger) in any two countries". 

It can also be used to find out the price of a Big Mac in countries around the world.

The McCheapest Map by Pantry & Larder tracks and maps the cost of a Big Mac at every McDonalds in the United States. On this map every McDonalds' outlet is represented by a dot which is colored to show the cost of a Big Mac (green=cheaper and red=more expensive). 

Currently the cheapest Big Mac in the country is in Stigler, Oklahoma  ($3.49) and the most expensive is in Lee, Massachusetts ($8.09). As shown above according to the Big Mac Index the current average price for a Big Mac in the USA is $5.36. 

Obviously traveling to Stigler, Oklahoma to save a couple of dollars on a Big Mac is impractical for most people. Luckily the McCheapest Map updates to show the cheapest and most expensive McDonalds' restaurant in the current map view. Therefore you can just zoom in on your town and the map will show the cheapest and most expensive McDonalds in your area.


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