One snag in applying this theory is finding exactly the same things to purchase in both countries. McDonald’s solves that ...

What Does a Burger Reveal About the Cost of Living in South Africa? The Big Mac Index highlights stark economic disparities that challenge the notion of affordability.

The Big Mac Index, created by The Economist in 1986, is a practical yet insightful economic tool. It uses the price of McDonald's Big Mac as a benchmark to compare currency values worldwide ...

In other words according to the Big Mac Index, the US dollar is cheap in Uruguay and well below what is considered the long term “equilibrium point”. The Big Mac Index was created by The ...

The iconic burger, which serves as the foundation of the Big Mac Index – a global measure of purchasing power parity – tells us more about South Africa's economic landscape than most policy ...