Cost/Pricing

Big Mac Index by Country 2026

World
$4.43
1.14%
Global Average
Switzerland Flag Switzerland
$7.99
Highest
Taiwan Flag Taiwan
$2.38
Lowest
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Big Mac Index

$2

$3

$4

$5

$6

$7

$8

Big Mac Price Ranked by Country

Country
Big Mac Index 2025
Difference from US 2025
Switzerland Flag
Switzerland$7.9938.04%
Argentina Flag
Argentina$6.9520.08%
Uruguay Flag
Uruguay$6.9119.35%
Norway Flag
Norway$6.6715.28%
Costa Rica Flag
Costa Rica$5.901.93%
United States Flag
United States$5.79
United Kingdom Flag
United Kingdom$5.73-1.11%
Sweden Flag
Sweden$5.67-2.09%
Denmark Flag
Denmark$5.49-5.23%
Canada Flag
Canada$5.43-6.23%
Lebanon Flag
Lebanon$5.36-7.42%
Turkey Flag
Turkey$5.32-8.18%
Poland Flag
Poland$5.21-10.01%
Colombia Flag
Colombia$5.17-10.63%
Singapore Flag
Singapore$5.17-10.72%
Saudi Arabia Flag
Saudi Arabia$5.07-12.51%
United Arab Emirates Flag
United Arab Emirates$4.90-15.36%
Australia Flag
Australia$4.87-15.88%
New Zealand Flag
New Zealand$4.77-17.55%
Israel Flag
Israel$4.71-18.57%
Mexico Flag
Mexico$4.60-20.53%
Czechia Flag
Czechia$4.56-21.21%
Chile Flag
Chile$4.55-21.45%
Kuwait Flag
Kuwait$4.54-21.52%
Peru Flag
Peru$4.53-21.78%
Bahrain Flag
Bahrain$4.51-22.12%
Nicaragua Flag
Nicaragua$4.48-22.66%
Venezuela Flag
Venezuela$4.45-23.08%
Honduras Flag
Honduras$4.12-28.78%
Qatar Flag
Qatar$4.12-28.85%
Brazil Flag
Brazil$4.03-30.47%
Thailand Flag
Thailand$4.01-30.8%
Guatemala Flag
Guatemala$4.01-30.66%
Oman Flag
Oman$3.97-31.36%
South Korea Flag
South Korea$3.84-33.63%
Pakistan Flag
Pakistan$3.77-34.97%
Azerbaijan Flag
Azerbaijan$3.67-36.61%
Hungary Flag
Hungary$3.65-37.02%
Jordan Flag
Jordan$3.53-39.1%
China Flag
China$3.52-39.24%
Moldova Flag
Moldova$3.52-39.15%
Romania Flag
Romania$3.43-40.77%
Japan Flag
Japan$3.11-46.29%
Hong Kong Flag
Hong Kong$3.08-46.77%
Vietnam Flag
Vietnam$3.03-47.66%
Malaysia Flag
Malaysia$3-48.13%
Philippines Flag
Philippines$2.89-50.05%
Ukraine Flag
Ukraine$2.86-50.65%
South Africa Flag
South Africa$2.78-52.04%
Egypt Flag
Egypt$2.69-53.6%
India Flag
India$2.62-54.79%
Indonesia Flag
Indonesia$2.54-56.22%
Taiwan Flag
Taiwan$2.38-58.84%
  • The Big Mac Index is a price index, first introduced by The Economist in 1986, that tracks the price of a McDonald’s Big Mac cheeseburger in each country, thereby offering a quick and easily digestible country-to-country comparison of purchasing power parity (PPP) and currency values all over the world.
  • For example: If, according to the BMI, a Big Mac cost £4.19 in Britain and US$5.58 in the United States, it would lead to an implied exchange rate of 0.75. If the actual exchange rate at the time was .78, it would suggest that the British pound was 3% undervalued.

Key Findings

What Is the Big Mac Index?

  • The Big Mac Index is an informal measure of purchasing power parity developed by The Economist in 1986 that compares the price of a McDonald's Big Mac across countries.

  • The index uses the U.S. Big Mac price as a baseline to determine whether currencies are overvalued or undervalued relative to the dollar.

How Much Does a Big Mac Cost?

  • A Big Mac costs an average of $5.79 in the United States, which serves as the baseline for comparing prices across countries.

  • Big Mac prices range from $2.38 in Taiwan to $7.99 in Switzerland, reflecting differences in purchasing power, currency valuation, and local operating costs.

Most Expensive Big Mac

  • Switzerland has the most expensive Big Mac at $7.99. The three countries with the highest Big Mac prices are Switzerland ($7.99), Argentina ($6.95), and Uruguay ($6.91).

  • The most expensive Big Mac markets tend to be high-cost economies where wages, rent, and operating expenses push fast-food prices well above the U.S. baseline.

Cheapest Big Mac

  • Taiwan has the cheapest Big Mac at $2.38. The three countries with the lowest Big Mac prices are India ($2.62), Indonesia ($2.54), and Taiwan ($2.38).

  • Lower Big Mac prices often reflect lower local purchasing power and operating costs, which is why lower prices do not necessarily mean a currency is stronger.

World Trend Line

Year
Big Mac Index
Annual Change
2000$2.070%
2001$1.89-8.7%
2002$2.026.88%
2003$2.156.44%
2004$2.265.12%
2005$2.5111.06%
2006$2.603.59%
2007$2.849.23%
2008$3.4421.13%
2009$3.09-10.17%
2010$3.358.41%
2011$3.8715.52%
2012$3.59-7.24%
2013$3.785.29%
2014$3.780%
2015$3.48-7.94%
2016$3.34-4.02%
2017$3.525.39%
2018$3.602.27%
2019$3.48-3.33%
2020$3.582.87%
2021$3.672.51%
2022$3.772.72%
2023$4.139.55%
2024$4.386.05%
2025$4.431.14%

Big Mac prices have generally risen over time in most countries, but the pace of increase varies widely depending on inflation, currency movements, and local cost structures. Some countries have moved closer to the U.S. baseline, while others remain far above or below it.

Big Mac Price Ranked by Country

Country Comparison

Big Mac prices vary widely across countries, revealing differences in purchasing power, currency valuation, and local costs. Countries priced above the U.S. baseline appear relatively expensive, while those priced far below it may reflect lower wages, lower costs, or undervalued currencies.

Definitions & Methodology

What Is the Big Mac Index? The Big Mac Index was developed by The Economist in 1986 as an informal measure of purchasing power parity between countries. It compares the price of a McDonald's Big Mac across countries against the U.S. price as a baseline.
What Does the Big Mac Index Tell Us? When a Big Mac costs more than the U.S. baseline, a currency may appear overvalued relative to the dollar. When it costs less, the currency may appear undervalued, though local wages, taxes, rent, and supply costs also affect prices.
Last Updated: May 29, 2026