🍔 Big Mac Price History

🍔 Big Mac Price History

Definition: The Big Mac is McDonald’s flagship burger, introduced in 1968 at $0.49. It became so culturally significant that The Economist created the Big Mac Index in 1986 as a global currency comparison tool. The price of a Big Mac has been tracked for over 55 years and is one of the most reliable consumer price indicators.
History & Analysis: From $0.49 to $7.25 — a 1,380% increase. The Big Mac serves as an inflation benchmark because it contains consistent ingredients across time: two beef patties, special sauce, lettuce, cheese, pickles, onions on a sesame seed bun. Price increases accelerated after 2000, tracking closely with CPI food-away-from-home indices.