The New Big Mac Index

We’ve always liked the Economist’s Big Mac Index. It’s an easily understandable and hunger-inducing guide to how purchasing power varies globally.

A recent UBS report takes it a step further, showing how much time it takes to earn the price of the famed double-decker in 73 cities: You’ll have lunch in about 12 minutes in Chicago or Tokyo, but if you’re in Jakarta or Nairobi, it takes more than two hours.

mcdonald's big mac hamburger


NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.