Restaurant Business conducted a similar study to find out the variability in fast food prices depending on a restaurant’s location within the U.S., this time focusing solely on McDonald’s Big Macs and cheeseburgers. Just as Business Insider reported, minimum wage played a big role in cost. The study found that when comparing areas where the minimum wage was $7.25 an hour to ones where it was $14 an hour, Big Macs cost 26% less in the places with lower pay, and cheeseburgers cost 30% less.
On a larger scale, prices for fast food items also vary around the world. Per Saving SpotCashNetUSA compared prices of Big Macs and Happy Meals not only for the U.S. but also for every country around the world. Like the American findings, economics may have played a role in the results. The most expensive McDonald’s were found in two of the wealthiest nations on Earth in terms of GDP: Switzerland and Liechtenstein. The least expensive locations were in Pakistan and Egypt.
Curious about what the actual American statistics are and where you can find the cheapest fast food across the U.S.? According to Walz, the Big Mac was the least expensive at a Eufaula, Oklahoma location, selling for $3.39, and the most expensive in Lee, Massachusetts, where it set customers back $7.89.
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