MBATricks

Tips and Tricks about my MBA experience

Other :: Purchasing Power – The Big Mac Index

THE size of your pay packet may be important, but so is its purchasing power. Helpfully, a UBS report published this week offers a handy guide to how long it takes a worker on the average net wage to earn the price of a Big Mac in 73 cities. Fast-food junkies are best off in Chicago, Toronto and Tokyo, where it takes a mere 12 minutes at work to afford a Big Mac. By contrast, employees must toil for over two hours to earn enough for a burger fix in Mexico City, Jakarta and Nairobi.

Source: http://www.economist.com/daily/chartgallery/displayStory.cfm?story_id=14288808

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