Cost Of A Big Mac 2024. And because the price of a big mac embodies multiple economic factors including the cost of labor, transportation, food and overall inflation — it leads some to. It doesn’t really matter that virtually no one is paying anything close to $18 for a big mac combo.
By comparing the implied exchange rate to the actual exchange rate, we can see whether the yuan is over or undervalued. 🍔 big mac index measures the average price of a big mac at mcdonald’s in the united states and is famously used in the economist’s big mac index to measure inflation.