Tuesday, 25 August 2009

An alternative Big Mac index

From the Economist magazine comes a new Big Mac index. The size of your pay packet may be important, but so is its purchasing power. Helpfully, a UBS report published this week offers a handy guide to how long it takes a worker on the average net wage to earn the price of a Big Mac in 73 cities.

It turns out that fast-food junkies are best off in Chicago, Toronto and Tokyo, where it takes a mere 12 minutes at work to afford a Big Mac. By contrast, employees must toil for over two hours to earn enough for a burger fix in Mexico City, Jakarta and Nairobi.


Ken - LVKen7@gmail.com said...

They SHOULD have shown how long a worker on MINIMUM WAGE HAS TO WORK.

Anonymous said...

No, Ken, what's important to know is that the minimum wage is a crime against humanity.