The largest McCafé markets, meanwhile, are led by Germany, Australia and China. Canada is viewed by many as one of the most expensive countries to live in, but there are many affordable and livable cities in this great country. Meanwhile, the company has set their sights on China as a key growth market, having opened a thousand units between 2006 to 2011.Ī burgeoning middle class with disposable income to spend, the Asian economic powerhouse has become a key target for other brands including arch rival Burger King, which plans to add a thousand restaurants in China over the next seven years, and American diner Denny’s, which is also set to open 50 locations over the next 15 years. That works out to one restaurant per 24,585 people, nearly doubling the brand’s availability compared to Switzerland. Know the cost of studying in USA, universities with low tuition fees, scholarships, Accommodation, food, transportation and other costs. That could be due to the fact that there are just 153 outlets for a population of 8 million – a ratio of 1:52,300.īy comparison, the US counts about 12,800 outlets for a population of 314.7 million.
Meanwhile, Euromonitor’s chart also shows that restaurants in Switzerland get the most action, with approximately 4.8 million sales transactions that went down per outlet in 2011. The second most expensive country in which to buy a McDonald’s meal is France, where the average bill clocks in at about $16. These are just some of the findings of a Euromonitor analysis, released last week, which looked at the ways in which operations among the world’s largest foodservice chain differs around the world.įor example, in 2011, Norway, where the cost of living is among the highest in the world, the average receipt clocked in at around $23.Īccording to the The Economist’s latest Big Mac Index, which is used to measure the purchasing power parity between two currencies, a Big Mac sandwich in Norway sets customers back $7.06 USD. Famed for its deep-dish pizzas and stunning architecture, it is the perfect. All Rights Reserved.Norwegians pay the most for their meals at McDonald’s, shelling out nearly $23 USD per transaction, while restaurants in Switzerland average nearly 5 million sales yearly per outlet, the highest traffic of any country in the world. Chicago, often referred to as the ‘Windy City’ and the ‘Jewel of the Midwest’ is the third largest city in the states. Morelixs take: If McDonalds workers were paid the 15 theyre demanding, the cost of a Big Mac would go up 68 cents, from its current price of 3.99 to 4.67. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates. The average price for a Big Mac in the United States is listed first, followed by the most expensive to the cheapest. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN.
Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. Secondly, fast food is very cheap, a Big Mac meal from McDonald’s costs only 5.99 and includes a burger, fries and a drink (2). Fast food is extremely easy to obtain, in most cases you don’t even need to leave the comfort of your car to enjoy a meal. Factset: FactSet Research Systems Inc.2019. Big Mac prices vary by outlet, but my spot pricing suggested that one might cost about 27 cents more on average in Denmark than in the United States. There are many factors that contribute to America’s obsession with fast food. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes.