Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
United States Big Mac Index
Old 07-27-2006, 05:23 PM   #1
Thinks s/he gets paid by the post
 
Join Date: Jun 2005
Posts: 4,005
United States Big Mac Index

With all this recent talk of cost of living differences between different cities, I thought it might be interesting to compare the cost of a Big Mac (from McDonald's) in your area. I know national restaurants vary their prices by region.

Please state the regular menu price for a big mac and where you are located. Sneak by a drive-thru if you have to in order to find the price! Inquiring minds want to know.

For me, a big mac is $2.49 in Raleigh, NC.
__________________

__________________
justin is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: United States Big Mac Index
Old 07-27-2006, 05:26 PM   #2
Dryer sheet aficionado
 
Join Date: Jun 2006
Posts: 32
Re: United States Big Mac Index

Not trying to sound snooty but I have no idea.
However The Economist publishes their big Mac Idex by country and here it is Bon Appetite!

http://www.economist.com/markets/Bigmac/Index.cfm
__________________

__________________
Daneboy is offline   Reply With Quote
Re: United States Big Mac Index
Old 07-27-2006, 05:29 PM   #3
Thinks s/he gets paid by the post
 
Join Date: Jun 2005
Posts: 4,005
Re: United States Big Mac Index

That economist index is what got me to thinking. The economist says the US average is $3.15!? That's 27% more than my local big mac! Which means the "expensive" big macs must be a lot more than the average.

Is there really that much of a difference for a seemingly identical product? Anyone in a "high cost of living" area care to opine?
__________________
justin is offline   Reply With Quote
Re: United States Big Mac Index
Old 07-27-2006, 05:38 PM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: United States Big Mac Index

I'll have to check our local macdonalds the next time i'm there, but I know that most of the time they'll give you the "two for three dollars" deal if you ask.

Sams clubs and walmarts also index prices based on the local cost of living. I bought some fluorescent light bulbs at a sams in a 'nice' town and returned them at a sams in a not-so-nice town and it wigged them for a few minutes because I paid $8-something for them but in their store they were $5-something. Had to call the other store and figure out how to give me the right rebate.

Oddly, one local walmart is in an absolutely hang-onto-your-wallet part of town and a lot of stuff in that one is more expensive than the one up the street from my house, which is a pretty nice part of town...relatively speaking.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Re: United States Big Mac Index
Old 07-27-2006, 05:43 PM   #5
Dryer sheet aficionado
 
Join Date: Jun 2006
Posts: 32
Re: United States Big Mac Index

Yeah, a Target next to a Walmart will have lower prices than a Target away on its own...
__________________
Daneboy is offline   Reply With Quote
Re: United States Big Mac Index
Old 07-27-2006, 05:44 PM   #6
Thinks s/he gets paid by the post
wabmester's Avatar
 
Join Date: Dec 2003
Posts: 4,459
Re: United States Big Mac Index

I wonder how well Big Mac prices correlate to gas prices.

National gas price map
__________________
wabmester is offline   Reply With Quote
Re: United States Big Mac Index
Old 07-27-2006, 05:45 PM   #7
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: United States Big Mac Index

Swell. Now I want a frickin big mac... :P
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Re: United States Big Mac Index
Old 07-27-2006, 05:46 PM   #8
Full time employment: Posting here.
 
Join Date: Feb 2006
Posts: 784
Re: United States Big Mac Index

I ate at McDonald's yesterday -- for like the first time in five years -- and yet I completely forget how much a Big Mac cost.

I think I have a healthy attitude toward money.
__________________
Cool Dood is offline   Reply With Quote
Re: United States Big Mac Index
Old 07-27-2006, 07:03 PM   #9
Thinks s/he gets paid by the post
 
Join Date: Jun 2005
Posts: 4,005
Re: United States Big Mac Index

Quote:
Originally Posted by Cute Fuzzy Bunny
I'll have to check our local macdonalds the next time i'm there, but I know that most of the time they'll give you the "two for three dollars" deal if you ask.
Really? Wow. I wish I would have known that 1 month into my wife's pregnancy instead of 9 months into it.

You just ask for the 2 for 3 dollar special? Is this the unwritten rule nationwide?
__________________
justin is offline   Reply With Quote
Re: United States Big Mac Index
Old 07-27-2006, 08:35 PM   #10
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: United States Big Mac Index

Ehh, its flakey. Sometimes they have the mac thing, sometimes its two sausage mcmuffins. Sometimes you get someone who does it, sometimes they look at you like you just grew a second head. Ya have to ask, preferably someone who looks like they didnt just start this morning.

They did finally cap off one of the better deals in fast food, the "cheeseburger dressed like a big mac". For 69c they'd take a regular cheeseburger and add the lettuce and special sauce to it. You could get 3-4 of those for the price of a big mac. Now they brought out some "mac junior" or something like that to try to take advantage of what they thought was a new product space...I imagine by now they've discovered the new product space wasnt for someone who couldnt eat two 2oz meat patties, its for someone who is a) cheap and b) a weasel.

Had to stop at the drive thru on the way back from gabes daily visit to the park...$2.69 at the one with no fast food competition in the neighborhood. I'll check the one on the main road tomorrow. Just for good thorough scientific reasons of course.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Re: United States Big Mac Index
Old 07-27-2006, 08:38 PM   #11
Thinks s/he gets paid by the post
 
Join Date: Jun 2005
Posts: 4,005
Re: United States Big Mac Index

For science. Of course.

I'm thinking about trying a BK Stacker (hey, I have buy one get one free coupons!). Probably the triple stacker is as much as I can do. I love meat, cheese, and bacon. But 4 beef patties, 4 pieces of cheese and 8 pieces of bacon on one bun sounds like too much grease for 1 burger. I'm not sure I'm man enough to try more than a triple stacker...
__________________
justin is offline   Reply With Quote
Re: United States Big Mac Index
Old 07-27-2006, 08:50 PM   #12
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: United States Big Mac Index

They should just have a guy come out and stab you in the heart.

Heck of a thing to come out with now that all the negative anti fast food stuff's hitting stride.

Anything with eight pieces of bacon on it is okay by me. Even Kathy Bates.

Jack in the box Big Cheeseburger for 99c-1.29 (depending on which one you go to) is still the best fast food value around.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Re: United States Big Mac Index
Old 07-27-2006, 08:57 PM   #13
Thinks s/he gets paid by the post
 
Join Date: Jun 2005
Posts: 4,005
Re: United States Big Mac Index

Quote:
Originally Posted by Cute Fuzzy Bunny
They should just have a guy come out and stab you in the heart.
Hi, I'd like 2 quad stackers, extra bacon. A large Coke. And an angioplasty on the side, thanks!

Oh yeah, I have a buy one, get one free coupon. For the burgers, not the angioplasty.

Rumor has it the BK stackers have big mac sauce on em. Mmmmm. Anybody know where I can buy big mac sauce?
__________________
justin is offline   Reply With Quote
Re: United States Big Mac Index
Old 07-27-2006, 09:03 PM   #14
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: United States Big Mac Index

Its thousand island dressing, more or less. We used to make it in the mornings between breakfast and lunch when I worked there as a teenager. Now it comes in caulking tubes...

1 c. Miracle Whip
1/3 c. creamy style French dressing
1/4 c. sweet pickle relish
1 tbsp. sugar
1 tsp. dried minced onion
1/4 tsp. pepper

Mix and let stand overnight.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Re: United States Big Mac Index
Old 07-27-2006, 09:07 PM   #15
Thinks s/he gets paid by the post
 
Join Date: Jun 2005
Posts: 4,005
Re: United States Big Mac Index

Maybe I should work part time at mcd's and accidentally allow a few tubes of delicious big mac caulk to meander their way into my trunk.

Taco bell at least has the decency to put their sauce within reach of my thieving hands so all I have to do is eat there to acquire their delicious sauce.
__________________
justin is offline   Reply With Quote
Re: United States Big Mac Index
Old 07-27-2006, 09:15 PM   #16
Recycles dryer sheets
 
Join Date: Jun 2006
Posts: 104
Re: United States Big Mac Index

I wonder how food tax affects the price?

Where I live the tax on take out food is 12.5%.

So that is something to think about when one place has a low price. What is the added tax?

__________________
IHateCNBC is offline   Reply With Quote
Re: United States Big Mac Index
Old 07-27-2006, 09:23 PM   #17
Thinks s/he gets paid by the post
 
Join Date: Jun 2005
Posts: 4,005
Re: United States Big Mac Index

Quote:
Originally Posted by IHateCNBC
I wonder how food tax affects the price?

Where I live the tax on take out food is 12.5%.

So that is something to think about when one place has a low price. What is the added tax?
Economic theory says "yes". In practice, I don't know how much people internalize the tax.

Tax here is 8% on restaurant food, 2% on grocery store food, 7% just about everything else. For the purposes of this "poll", taxes might complicate the index.
__________________
justin is offline   Reply With Quote
Re: United States Big Mac Index
Old 07-27-2006, 11:05 PM   #18
Full time employment: Posting here.
 
Join Date: Feb 2006
Posts: 784
Re: United States Big Mac Index

Here is something for you guys.

There was another place that reviewed all sorts of enormuos sandwiches, but I can't find it now.

Also, I think some people have a hobby of cooking with recipes designed to immitate McD's special sauce and other fast food.
__________________
Cool Dood is offline   Reply With Quote
Re: United States Big Mac Index
Old 07-28-2006, 07:15 AM   #19
Thinks s/he gets paid by the post
 
Join Date: Aug 2005
Posts: 2,056
Re: United States Big Mac Index

I got a couple Big Macs a few months ago, but can't remember how much they were. Lately when I'd go into McDonalds I'd just buy a few 99 cent double cheeseburgers and 99 cent McChicken sandwiches. I'm kinda curious though now. I'm also guessing that McDonald's $2.99 value meals have gone the way of the dinosaur?
__________________
Andre1969 is offline   Reply With Quote
Re: United States Big Mac Index
Old 07-28-2006, 07:47 AM   #20
Thinks s/he gets paid by the post
Bimmerbill's Avatar
 
Join Date: Jan 2006
Posts: 1,631
Re: United States Big Mac Index

Ha, funny question. It is almost exactly like a test question I have on my take home midterm for money and banking class.

Except the test question wants me to compare the price of a big mac in yen and reals.
__________________

__________________
Bimmerbill is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
class in the united states Martha FIRE and Money 96 05-25-2005 04:04 PM
Investment Idea: Big Mac Index brewer12345 FIRE and Money 5 03-30-2005 03:54 PM
S&P 500 Asset Class question Cut-Throat FIRE and Money 1 12-30-2003 08:54 AM

 

 
All times are GMT -6. The time now is 09:06 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.