While the average price of a Big Mac in the United is $4.68, the same sandwich will cost you a lot more after currency adjustments in these top five countries. Due to the lack of reliable data and an inconsistent policy on ranking high inflation countries, we chose to remove Venezuela from this list; the Big Mac Index claims its sandwich comes in at $7.15.
Top 5 Most expensive countries on the Big Mac Index
Brazil Big Mac Index
Brazil is one of the top five most expensive countries on the Big Mac Index
5. Brazil – $5.28
While critics of the Big Mac Index point out how Argentina’s insane president cooks the books on her country’s double-digit inflation, Brazil is officially the most expensive country in South America to buy a Big Mac. As of a recent survey, Brazilians pay a little more than 10 Brazilian real for each individual sandwich. As one of the most expensive countries in the Southern Hemisphere, it’s no surprise that Brazil makes the list.
Denmark Big Mac Index
Denmark is one of the top countries on The Economist’s Big Mac Index
4. Denmark – $5.37
The Big Mac Index places socialist Denmark as the fourth most expensive hamburger in the world – almost a full $1 more expensive than the same sandwich in The Land of the Free. While Denmark has been ranked one of the most economically free European countries, it also imposes stringent regulations on businesses. Taxes don’t help, either; Denmark has raised its value added tax (VAT) from the low single digits a few decades ago, to its current 25% level. Income taxes are as high as 59%. And if you eat too many Big Macs, you might get hit by Denmark’s “fat tax”.
Sweden has one of the world’s most expensive Big Macs
3. Sweden – $6.16
Sweden’s position on the Big Mac Index shows, according to the survey, that its kroner currency is overvalued by 35.1%. An average price of 41.6 kroner for one of McDonalds’ classic sandwiches makes Sweden the third most expensive country to buy one, which should come as no surprise to those who understand Sweden’s obssession with social and income equality (despite proof it hasn’t really worked).
Switzerland Big Mac Index
Switzerland is one of the world’s most expensive countries to eat in, as backed up by the Big Mac Index
2. Switzerland – $6.72
McDonald’s combo meals in Switzerland can cost as much as $15 thanks to the country’s Swiss franc and its status as one of the most expensive countries in the world. However, such prices may seem tame when you consider that a decent dinner in Zurich can easily cost $60 without alcohol, and a decent hotel room in Geneva can easily top $200. At those prices, you may be rushing to stock up on the world’s most expensive Big Mac. According to The Economist’s “light hearted” data, this data indicates the Swiss franc is a whopping 47.5% overvalued, the second highest in the world.
Norway Big Mac Index
Norway is the most expensive country to buy fast food according to the Big Mac Index
1. Norway – $7.51
It’s hard to find inexpensive food in Norway. The country’s high VAT on restaurant dining makes it hard to eat out on a budget, for a number of reasons. And that’s reflected in Norway’s position on the Big Mac Index. Norway, one of the most expensive countries in the world, is also home to the priciest McDonald’s combo meal, at around $23. Norway prides itself on healthy and organic living, which may explain the lack of uproar over expensive fast food.