REVEALED: How inflation has pushed up the price of your Big Mac: Breakdown by state reveals the staggering cost difference for a McDonald’s
- A Big Mac in Hawaii costs $5.31, which is the most expensive in America, according to data sourced from CashNetUSA
- The same burger in Mississippi is available for just $3.91 and costs $3.95 in Arkansas and $3.99 in Missouri, South Dakota and Alabama
- The average price of a Big Mac in the US is $4.40, which is one of the cheapest in 76 countries
How far would you travel to get 25 percent off your Big Mac?
Prices vary considerably from state to state, and if you’re looking for a bargain on your burger, head to Mississippi, which officially serves the cheapest Big Mac of all 13,000 McDonald’s restaurants in the US – at $3. 91.
The iconic sandwich is adored by fast food enthusiasts across the country and is known for its consistent quality and taste.
But Big Mac fans can expect to pay as much as $5.31 for the same burger in Hawaii, as the state is the most expensive place in America to buy one — making it a whopping 25 percent more expensive than the same meal in the US. state Magnolia – according to data taken from CashNetUSA.
Rising inflation has led to sharp increases in consumer goods prices across the country and fast food chains are no different with the iconic McDonalds burger up 125% since 1996.
There are more than 13,000 McDonald’s restaurants in the US, but the price of a Big Mac varies significantly from state to state
Not surprisingly, New York comes in close second, with a Big Mac costing $5.23. Nearby in New Jersey, it’s slightly cheaper at $5.19, followed by California at $5.11 and then Maryland at $5.03.
The second cheapest burger is available for $3.95 in Arkansas. And diners in Missouri, South Dakota, and Alabama can grab their dinner for $3.99.
Central states also had some of the lowest prices for Big Macs, with the double burger in a bun costing $4.07 in Nebraska, Kansas, Oklahoma and Iowa.
Other states with Big Macs on the expensive side include Connecticut at $4.95 and Alaska and Massachusetts at $4.87.
There was a noticeable disparity between the southern states with prices ranging from $3.99 in Alabama to $4.39 in Texas and as high as $4.47 in Florida.
While inflation is to blame for the price differentials, there are two: operating costs and labor costs, as different states have different laws about the minimum wage workers are paid.
But the average cost of a Big Mac in the US is still among the cheapest of 76 countries at $4.40 – a much better deal than in Europe. Switzerland and Liechtenstein, where the price of a Big Mac can be as high as $7.75.
The most expensive item on the McDonald’s menu as a whole is in France, where a triple cheddar and double beef burger will set you back a hefty $15.70, while the Big Tasty Double Bacon costs $13.31 in Switzerland and Lichtenstein.
The cost of a Big Mac in the US capital is $4.67, which is one of the cheapest in 76 countries
McDonald’s most expensive item is in France, where a triple cheddar and double beef burger will set you back $15.70
The Big Mac cost just 45 cents when it first appeared in a Pennsylvania franchise in 1967 before launching in every McDonald’s location a year later.
It was invented by franchisee Jim Delligatti, who used it to feed steelworkers who had been left hungry by the plain cheeseburger.
The Big Mac index was invented by The Economist in 1986 as a humorous way to examine whether different currencies around the world were at their “right levels.”
It is based on the theory of purchasing power parity – the idea that identical goods in one country will cost the same in another once their exchange rate is applied.
Investors can use the index to reflect inflation over time and examine the strength of a country’s currency.
In 1996, the cost of a Big Mac was $2.36, which increased to $4.33 by June 2012, and the latest data shows that a Big Mac now costs as much as $5.31.
The $2.95 price difference highlights the impact of inflation over the past 26 years.
McDonald’s has previously confirmed that restaurant-level pricing is set by franchise owners and varies based on location.