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The Minimum Hours You'd Have To Work To Afford A Big Mac In The 10 Costliest McDonald's
A graphic from MoneyTransfers.com shows how many work hours, at minimum wage, would someone have to put in to purchase a Big Mac in the top 10 costliest McDonald's locations. The average price of a Big Mac in America is $5.81
Key Takeaways:
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On average a workers in America would have to work for 48 minutes to afford a Big Mac, which is a 21 percent increase in work time since 2012. Then years ago it'd take a worker 35 minutes to afford one.
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The Big Mac's US price has increased by 40 percent over the last decade, according to CNBC. During the same time US federal minimum wage changed once in July 2009 — from $6.55 to $7.25 — and hasn't increased since.
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One dataset shows that Switzerland ($6.98) has the costliest Big Macs, followed by Norway and the US.
[Photo by Oliver Sjöström on Unsplash]