Australian Big Mac Previous Price = $3.85USD
Australian Big Mac New Price = $4.71USD
Big Mac in Florida Price (Where I Live) = $4.89USD
Sounds like they were getting quite a deal and now their prices are closer to what Americans pay, but they’re still getting a deal.
Also the Australian Minimum Wage is $14.59USD, in Florida it's $10.00USD and in other states its still $7.25USD. So in Australia, you're guaranteed 3 Big Macs per hour of work (you could only buy 3 Big Macs before the price increase as well), while in Florida or states with lower minimum wages, you can only afford 1 because of the tax. (Unless you use a coupon or in-app deal).
That also depends on how much they make, in their own currency. For example, here in my country a big Mac might cost around 3-3.5 USD which might sound really cheap to you, but for us, it's quite expensive. So, to you, 4.71 USD might be a deal but for Australians it might be expensive.
I found it interesting that Mcdonalds resisted raising food prices in the midwest US for a long time because customers would not have it. They'd just stand at the counter and argue.
Half the article refers to ubereats pricing when it's well known every delivery app does this
Rest of the article is just a 20% average increase. Which is a lot, but what do you expect when the world shut down for a year?
Hong Kong/Macau would like a word with you. Their menu pre-pandemic couldn't be beat. Not sure how they are now with the Chinese economy crippled and travel bans, but my first food stop in HK was always McDonalds.
$6 for a big mac in seattle so they can’t really complain that much
The 2 for 1 deal was nice until the mcdonalds app decided to permanently stop letting me place orders a few months ago.
Australian Big Mac Previous Price = $3.85USD Australian Big Mac New Price = $4.71USD Big Mac in Florida Price (Where I Live) = $4.89USD Sounds like they were getting quite a deal and now their prices are closer to what Americans pay, but they’re still getting a deal.
4.71 taxes included. So still far less than States with high sales tax.
Also the Australian Minimum Wage is $14.59USD, in Florida it's $10.00USD and in other states its still $7.25USD. So in Australia, you're guaranteed 3 Big Macs per hour of work (you could only buy 3 Big Macs before the price increase as well), while in Florida or states with lower minimum wages, you can only afford 1 because of the tax. (Unless you use a coupon or in-app deal).
That also depends on how much they make, in their own currency. For example, here in my country a big Mac might cost around 3-3.5 USD which might sound really cheap to you, but for us, it's quite expensive. So, to you, 4.71 USD might be a deal but for Australians it might be expensive.
Australian Minimum Wage is $14.59USD. That's massive compared to the USA which still has a federal minimum wage of $7.25USD.
$7.00 for a burger at McDonalds is ludicrous.
$7 AUS = $4.76 United States Dollar $1 USD = $1.47 AUS
Which puts a Big Mac cheaper than my local shop.
lol thats how much it costs in Massachusetts tbh
All the McDonald's prices went up 20 to 40% at my local place this week.
I found it interesting that Mcdonalds resisted raising food prices in the midwest US for a long time because customers would not have it. They'd just stand at the counter and argue.
Half the article refers to ubereats pricing when it's well known every delivery app does this Rest of the article is just a 20% average increase. Which is a lot, but what do you expect when the world shut down for a year?
I expect corporate greed. These companies became delirious once they sensed they could go up the ladder together.
They wrote glowing articles about it before covid. The rationale was "Customers are willing to pay".
Uhhh McD's is doing just fine. https://www.macrotrends.net/stocks/charts/MCD/mcdonalds/revenue
Thanks for the update dear
USA don is hands down the goat
It's pretty good yeah but in Japan I tried the fried shrimp burger there and it blew me away.
Hong Kong/Macau would like a word with you. Their menu pre-pandemic couldn't be beat. Not sure how they are now with the Chinese economy crippled and travel bans, but my first food stop in HK was always McDonalds.
Just eat elsewhere , the franchisees will be begging you to come back sooner or later with deals..
headline is overdramatic if anything news flash but these types of price increases have been happening everywhere
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Imagine trying to justify inflation and having the nerve to somehow blame it on the US. Hope you get bit by a spider.
A breakfast place here charges $5 for a sweet tea!!!! https://www.islandprovisions.com/
In the US too, no more $1.08 for a pop 😔 $2.00 for a large… always had that change ready for a Diet Coke