📷 amirali mirhashemian / Unsplash
Why is the Korean Big Mac Cheaper Than the American One?
Currency, rent, labor — three forces that explain why the same burger costs different amounts in two countries.
WorldPrice editorial
Korea’s Big Mac currently sells for
6,500원, compared with the US at
$5.69— a
+19%delta.
The global spread
23-country Big Mac spread:
$2.60 → $7.99 (×3.1).
Cheapest:
🇲🇾 Malaysia $2.60Priciest:
🇨🇭 Switzerland $7.9925 years of currency
A Korean office worker needs roughly
20mof work to afford one Big Mac.
