"Prices seem to be in $ instead of purchasing power. So not really meaningful, except insofar as it indicates where someone buying with $ would find the cheapes

"Prices seem to be in $ instead of purchasing power. So not really meaningful, except insofar as it indicates where someone buying with $ would find the cheapest." I decided to use the Big Mac Index to satisfy your hunger for knowledge (pardon the pun) to figure out purchasing power. Appropriate Links at the end of the comment. As with my above comment regarding street prices here in AU - it is assumed that the prices are in the local currency, so these figures represent local currencies. US - 27.17 big macs Canada - 23.71 big macs New Zealand - 63.67 big macs Australia - 82.61 big macs http://en.wikipedia.org/wiki/Big_Mac_Index http://en.wikipedia.org/wiki/Big_Mac_Index http://www.economist.com/businessfinance/displayStory.cfm?story_id=11793125 http://www.economist.com/businessfinance/displayStory.cfm?st...