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 ...
I’ve never had a Big Mac and can’t remember the last time I went to a McDonalds.
I worked at the 2nd McDonald's in Maine back around 1965-'66. The Big Mac didn't exist yet but the hamburger was $0.13 and a cheeseburger was $0.15.
I agree it’s no fun to cook for one. But that is one sad menu. I feel bad for you. Can’t you squeeze in a few fresh veggies? They cook in the microwave in just a few minutes. Use paper bowls to save on cleanup.
2 for $6 or no deal.
Has the proice of Alpo risen accordingly?
Do they still offer the fish sandwich? There was a limited menu during Covid and I don’t think fish was offered.
IMO Wendy’s and Burger King are better.
Time to raise the minimum wage to 50.00 hr.
When 2 gal of gas were 49 cents, quarters were silver. About 8.50 today.
The other day I stopped at BK and got a small fry, double bacon cheeseburger and small coke. I was shocked at what all that cost.
Ha!!
I remember working and McDonalds in the mid 60s. You could get a cheeseburger, fries and a coke for 40 cents plus tax...
It’s somewhat inaccurate to say that the price of a Big Mac is $6 or more. That’s kind of like what we used to call “sticker price” for cars (i.e., a nominal price that only the least savvy of car buyers actually pay).
As mentioned, most McDonalds are usually shooting a 2 for $6 deal. Also, I order the McD app, and the app regularly offers a buy-one-get-one-for-25-cents deal. Thus some buyers effectively getting Big Macs for $3, $3.25 or similar. If you took the average of what American buyer of Big Macs are paying, you might get $4.50 or something, substantially less than $6.
Now costs 40% more.
Not if you don’t buy it.
Big Mac has ALWAYS been overpriced, but people keep paying
Lol. That glop has gotten really bad. A big Mac just isn’t what it used to be.
Most disgusting burger I had was from Jack’s - just awful.
Their cost for one sesame seed bun is way off, but overall, interesting. I make Mac’s at home with non-sesame buns anyway, lol.
A typical Bad Daddy’s order for just myself which is a basic burger and fries/rings or tots runs about that.
Every now and then I went for a peanut butter and chocolate shake.
The place is almost walking distance from me and has a decent selection of gluten free stuff.
I am going to add some more stuff...microw veggies for sure. Add some fresh fruit.. And its not like I will NEVER cook..thins weekend a meatloaf dinner for Mom who is coming over. One good thing about eating once a day....when you finally do eat, just about anything seems real delicious so its a low bar LOL!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.