Posted on 02/17/2022 3:21:58 PM PST by algore
The iconic Big Mac has been the head honcho on the McDonald's menu since 1967. While the recipe has remained the same over the course of its 55-year lifespan, the price of the famous burger has dramatically changed over time. And currently, it costs 40% more than it did ten years ago.
According to CNBC, the Big Mac is, in many ways, a powerful demonstrator of the inflation Americans are currently going through. Since the demand for Big Mac spans the globe, The Economist even created the Big Mac index in 1986 to monitor the burger's price against other currencies. Known as "Burgernomics," the idea uses the price of the burger to illustrate the purchasing power parity—including the purchasing power of the U.S. dollar.
Make sure to check out 100 Unhealthiest Foods On the Planet.
Now costing an average of $6.05 in the U.S., the price of a Big Mac has grown even more than the rising cost of living, which is up by 37% in a decade. Between Dec. 2020 and Dec. 2021 alone, inflation soared to 7%, which coincided with the 7% increase in the price of a Big Mac. As CNBC points out, a "healthy" rate of inflation is 2 to 3% on an annual basis.
But the Big Mac isn't alone. Countless popular fast-food items are facing price hikes amid supply chain disruptions.
(Excerpt) Read more at msn.com ...
McDonald’s likes to highlight combo meals on its menu boards.
Sandwichs are available but are no longer equally emphasized.
Big Mac hasn’t changed,…its the dollar thats becoming worthless.
$1.00 used to be worth 2 Big Macs, now its only worth one-sixth of a Big Mac
When I was a teen, McDonalds would have a sale on their anniversary, where they would sell their cheeseburgers for the original price of 10¢. We would buy bags full and freeze them.
I remember when $5.00 would more than pay for all the food you could eat at any fast food place.
Looks like we have William Randolph Hearst over here.
I can’t remember the Big Mac price from the old days.
In the 60s, the regular single was 15 cents, and fries a dime.
IIRC it was cheap enough that as a kid you could ride your bike there and buy them for allowance money.
Combos are more profitable. Drinks and fries have a higher margin than burgers. And most people end up ordering those anyway, so giving them the option of saying "The number 7 meal" or whatever streamlines the process a bit.
Last week I went to a local burger place, not fast food, and a burger, onion rings and coke cost $20,
The price of sawdust has sky-rocketed of late.
Six dollars isnt worth six dollars anymore.
Since I live alone, I hate cooking for just myself. Too much time, pots/pans to clean. To cook yourself a good meal is not much less in cost than going to your Mom and Pop restaraunt. So I have been doing that till now (for reason dont want to go into) Dont eat breakfast or lunch....So I eat very simple single meal....pork and beans with summer sausage, frozen meatballs spaghetti sauce over can of corn and peas...If I cook may be just a couple pieces of fish baked. Meatballs with some chef boyardee...hard boiled eggs, tuna sandwich...cottage cheese with fruit....oh yeah a culinary “single guy” smorgasborg! But works for me and cheap!
Indeed. I can’t remember the last time I had one but it was a long time ago.
That’s expensive for a spit-burger.
People have to be SICK IN THE HEAD to even eat at McDonald’s. Much better places to eat.
Too much bread and meat, for me.
How much have the fish sandwich and the Quarter-Pounder gone up?
Do you mean to tell me that you DON'T care for the two all meat patties and the special glop?
I bet you are one of the gourmets who wants something 'better' than Alpo on your tacos, right?
I can spot 'your kind' a mile away.
/S
I haven’t had a Big Mac in well over 10 years. Too much meat and too much bread for me. I’d have to dismantle the little tower and eat it on a plate.
I DO like their plain old hamburgers and that fish sandwich.
President Trump agrees with me that the Mac fish sandwich is
The Bomb!
They used to go cause fast and cheap. Not now.
Using the on-line app a week ago they had BOGO free, so I got 2 for under $5.
Yup prices have gone up, but then I can have more money now and can easily afford it.
In the 70’s money was tight for me, now I planned well for retirement, can eat what I want.
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