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Cost of a big mac in nyc
Cost of a big mac in nyc













cost of a big mac in nyc

As a result, the company said, they would make an average of $10 an hour.īut three years later, Fight for 15 accused McDonald’s of lying to workers and released pay stubs showing that workers in eight different cities were making between 40 and 70 cents above their local minimum. the price of a Big Mac was 3.57 in the United States (varies by store) the price of a Big Mac was £2.29 in the United Kingdom (varies by region) the implied purchasing power parity was 1.56 to £1, that is 3.57/£2.29 1.56 this compares with an actual exchange rate of 2.00 to £1 at the time (2.001.56)/1. In April 2015, McDonald’s announced that it would implement a wage increase for 90,000 workers at its 1,500 company-owned restaurants in the U.S the chain said that as of 1 July of that year, employees would earn at least $1 more than the local minimum wage. We contacted McDonald’s seeking comment, but the restaurant chain has yet to respond. Web sites like and, which aggregate companies’ salary information, reported that the average salary for a McDonald’s employee is around $9 per hour. Department of Labor, 29 states currently have minimum wages higher than the federal standard of $7.25 an hour. For its part, the Australian government’s Fair Work Ombudsman states that the minimum wage there is $18.29 Australian, equivalent to $13.64 American dollars.Īccording to the U.S. However, a French government states on its web site that the country’s minimum wage is 9.88 Euro, equivalent to $11.71 U.S. The group also based its findings on a Wikipedia page listing minimum wages in 193 countries. Fight for 15, which has campaigned for the company to both institute a minimum wage of $15 per hour across the board and allow workers to unionize, also noted that it based its Big Mac prices on the “Big Mac index,” a currency-comparison guide published by The Economist compiling average prices for the burger at McDonald’s locations in various countries to “make exchange-rate theory more digestible” for readers.















Cost of a big mac in nyc