Signature layer · BMPX

Big Mac Index

One product, priced everywhere.

The same burger costs wildly different amounts around the world. Comparing those prices against exchange rates gives a rough read on which currencies are cheap or dear — and measuring them against local wages says something exchange rates never do: how long you have to work to buy one.

Cycle 2026-01-01Countries 54History 2000–2026Source The Economist
US benchmark price
$6.12
the baseline every currency is measured against
Dearest currency
+48.4%
Zurich · $9.08
Cheapest currency
-58.9%
Mumbai · $2.51
Fastest to earn
9.9 min
New York · slowest is Cairo at 112 min
01

Full rankings — 54 countries

Every market’s local price, its dollar equivalent, and what a month’s salary buys. Work-minutes is the honest comparison: it holds the product constant and lets the wage move.

MarketLocal price
01SwitzerlandmarketCHF7.3$9.08+48.4%93011.4
02URYUYU339$8.76+43.1%
03NORNOK76$7.52+22.8%
04SwedenmarketSEK67$7.26+18.6%49921.2
05DNKDKK46$7.14+16.7%
06United KingdommarketGBP5.29$7.08+15.7%56518.7
07Euro areamarketEUR6$6.96+13.7%52720.0
08ISRILS20$6.36+4.0%
09POLPLN22.7$6.25+2.2%
10COLCOP22,900$6.21+1.5%
11MexicomarketMXN109$6.17+0.8%19354.7
12United StatesmarketUSD6.12$6.120.0%1,0629.9
13CRICRC2,990$6.04-1.3%
14TurkeymarketTRY255$5.90-3.5%20352.0
15SingaporemarketSGD7.45$5.78-5.5%80413.1
16AustraliamarketAUD8.5$5.69-7.0%70215.0
17CanadamarketCAD7.7$5.54-9.4%68615.4
18ARGARS8,000$5.53-9.6%
19CZECZK115$5.50-10.2%
20CHLCLP4,790$5.42-11.4%
21LBNLBP480,000$5.36-12.4%
22United Arab EmiratesmarketAED19$5.17-15.5%67915.6
23Saudi ArabiamarketSAR19$5.07-17.2%57818.3
24HNDHNL134$5.06-17.3%
25PERPEN16.9$5.03-17.8%
26HUNHUF1,660$4.99-18.4%
27NZLNZD8.6$4.94-19.3%
28BHRBHD1.8$4.77-22.0%
29NICNIO174$4.75-22.4%
30QATQAR17$4.67-23.7%
31KWTKWD1.4$4.54-25.8%
32BrazilmarketBRL23.9$4.45-27.3%17560.3
33GTMGTQ33$4.30-29.7%
34THATHB135$4.30-29.7%
35MDAMDL70$4.09-33.2%
36VENVES1,370$4.04-33.9%
37ROURON17.45$3.98-35.0%
38OMNOMR1.53$3.97-35.1%
39AZEAZN6.65$3.91-36.2%
40PAKPKR1,080$3.86-36.9%
41South KoreamarketKRW5,500$3.74-38.9%72414.6
42ChinamarketCNY25.5$3.66-40.2%56818.6
43JORJOD2.5$3.53-42.3%
44MYSMYR13.75$3.39-44.6%
45ZAFZAR54.9$3.36-45.1%
46HKGHKD25$3.21-47.6%
47UKRUAH139$3.19-47.8%
48JapanmarketJPY480$3.03-50.5%79313.3
49VNMVND76,000$2.89-52.7%
50PHLPHP169$2.84-53.6%
51EgyptmarketEGP125$2.65-56.8%94111.8
52IDNIDR42,500$2.52-58.9%
53IndiamarketINR227$2.51-58.9%26340.2
54TWNTWD78$2.47-59.6%

Valuation compares each currency against the US benchmark on burger parity: negative means the currency buys less than the exchange rate implies. Macs-per-salary and work-minutes need a net income figure, so they show only for countries carrying one of the scored markets.

02

Price history, 2000–2026

Dollar price per burger across 56 economies. Toggle any series — the axis rescales to what you select, so an expensive outlier cannot flatten everything else.

Series
$0$3$5$8$102000200420092013201720222026India: $2.51 (2026-01)Japan: $3.03 (2026-01)Switzerland: $9.08 (2026-01)United States: $6.12 (2026-01)SwitzerlandUnited StatesJapanIndia
India$2.51Japan$3.03Switzerland$9.08United States$6.12

How to read it: burger parity is a rough gauge, not a valuation model. It ignores local rents, wages, taxes and margins, all of which legitimately differ between countries. Treat it as one indicator among twenty — the engine never scores a market on it alone.