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The Big Mac Guide 2018 |
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Time at work it takes to afford a Big Mac June 2018: The McDonald’s Big Mac hamburger is sold in some 120 countries around the world. Since it was first introduced in the US in 1967, it has become a truly global product. With a few exceptions, a Big Mac is a Big Mac wherever in the world it is bought. But while in most Western countries the hamburger is an inexpensive convenient meal, for consumers in developing it is often a luxury compared to local dishes. People in cities such as Hong Kong, Tokyo, Zurich or Los Angeles need to work less than 15 minutes to be able to afford a Big Mac, while the cost of the McDonald’s hamburger in cities like Istanbul, Jakarta or Mexico City is higher than the average hourly wage. In Nairobi, hungry residents need to work for more than two hours to be able to pay for a Big Mac.
Data source: UBS Prices and Earnings Survey 2018 Follow @City_Mayors |