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A Big Mac is unfortunately quite a bad way to compare prices between countries, as prices of Western brands are often overpriced compared to their local equival
by fyfy18 9y ago
A Big Mac is unfortunately quite a bad way to compare prices between countries, as prices of Western brands are often overpriced compared to their local equivalent in less developed countries.
Last year I was in India (Hyderabad), and a Starbucks coffee was more expensive than in the U.K., as there it’s seen as a luxury item for the upper class and Westerners.
I now live in Lithuania and when I first came around five years ago, two people could eat out in a restaurant for not much more than the price of a Big Mac (around 18Lt/€5).