Comments on: A Big Mac In Norway is twice as expensive as in USA – The Big Mac Index http://www.financialjesus.com/fun/the-big-mac-index/ Some people are rich long before they have money Thu, 09 Feb 2012 12:03:36 +0000 hourly 1 http://wordpress.org/?v=3.1 By: Kjetil http://www.financialjesus.com/fun/the-big-mac-index/comment-page-1/#comment-9837 Kjetil Mon, 16 Jan 2012 18:41:04 +0000 http://www.financialjesus.com/?p=534#comment-9837 It's incredibly cheap. What the hell are you, poor? It’s incredibly cheap. What the hell are you, poor?

]]> By: eg http://www.financialjesus.com/fun/the-big-mac-index/comment-page-1/#comment-8833 eg Wed, 14 Sep 2011 18:18:56 +0000 http://www.financialjesus.com/?p=534#comment-8833 On the off chance that you still follow this old post, do you know why Nairobi is listed in the "Slowest Earned" big macs? There is no McDonalds in Kenya and there has never been a McDonalds in Kenya. On the off chance that you still follow this old post, do you know why Nairobi is listed in the “Slowest Earned” big macs? There is no McDonalds in Kenya and there has never been a McDonalds in Kenya.

]]> By: Income equality http://www.financialjesus.com/fun/the-big-mac-index/comment-page-1/#comment-8688 Income equality Mon, 22 Aug 2011 17:11:21 +0000 http://www.financialjesus.com/?p=534#comment-8688 [...] Mac in the world at $7.88 a burger. Crazy as it sounds, look at the "Big Mac Index": http://www.financialjesus.com/fun/the-big-mac-index/ Tokyo, Japan – It takes 10 minutes for an average worker to earn enough money to buy a Big [...] [...] Mac in the world at $7.88 a burger. Crazy as it sounds, look at the "Big Mac Index": http://www.financialjesus.com/fun/the-big-mac-index/ Tokyo, Japan – It takes 10 minutes for an average worker to earn enough money to buy a Big [...]

]]> By: Roman http://www.financialjesus.com/fun/the-big-mac-index/comment-page-1/#comment-3517 Roman Tue, 08 Dec 2009 15:30:35 +0000 http://www.financialjesus.com/?p=534#comment-3517 yep, its a bit more expensive than in the European Union on average. $8.50 Singapore Dollars is 6.1 U.S. dollars yep, its a bit more expensive than in the European Union on average.
$8.50 Singapore Dollars is 6.1 U.S. dollars

]]> By: SingaporeBoi http://www.financialjesus.com/fun/the-big-mac-index/comment-page-1/#comment-3502 SingaporeBoi Tue, 08 Dec 2009 04:52:43 +0000 http://www.financialjesus.com/?p=534#comment-3502 LOLZ in Singapore it costs $8.50 Singapore Dollars for a Mega Mac and I think Big MAc costs $5+ SIngapore Dollars. Expensive LOLZ in Singapore it costs $8.50 Singapore Dollars for a Mega Mac and I think Big MAc costs $5+ SIngapore Dollars. Expensive

]]> By: Christine http://www.financialjesus.com/fun/the-big-mac-index/comment-page-1/#comment-1481 Christine Sun, 24 May 2009 02:16:02 +0000 http://www.financialjesus.com/?p=534#comment-1481 I was in Oslo last summer. The capuchino is about $8 and a plain hot dog and a soda is $8. I was in Oslo last summer. The capuchino is about $8 and a plain hot dog and a soda is $8.

]]> By: OnuJack http://www.financialjesus.com/fun/the-big-mac-index/comment-page-1/#comment-913 OnuJack Tue, 06 Jan 2009 14:07:42 +0000 http://www.financialjesus.com/?p=534#comment-913 It has been used widely yes. There are also a number of other Indexes similar to the Big Mac Index - one example is the Ipod index. Caution should be practiced when using such measures because there also other social factors that determine the price of a Big Mac. For example the popularity of junk food vs. healthy food. Also traditions of eating home vs. eating out. If one wants to get an idea of how currencies depend on each other and what affects the competitiveness of one currency compared to another - one should look into PPP (Purchase Power Parity) theory. <a href="http://en.wikipedia.org/wiki/Purchasing_power_parity" title="Wikipedia PPP theory" rel="nofollow"> It has been used widely yes. There are also a number of other Indexes similar to the Big Mac Index – one example is the Ipod index. Caution should be practiced when using such measures because there also other social factors that determine the price of a Big Mac. For example the popularity of junk food vs. healthy food. Also traditions of eating home vs. eating out.

If one wants to get an idea of how currencies depend on each other and what affects the competitiveness of one currency compared to another – one should look into PPP (Purchase Power Parity) theory.

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