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Whatever gets us to class consciousness (lemmy.ml)

submitted 3 months ago by [email protected] to c/[email protected]

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[–] [email protected] 11 points 3 months ago (1 children)

The Big Mac index is a pretty good indicator of purchasing power. Despite this Big Macs were not $0.50 in 1980, they were closer to $1.75. Still a significant change. Also, the price of a Big Mac changes between states, ranging from $3.75 to $6.39 in 2022.. If you follow that last link and use the minimum wages given to do some division they're really not as different as presented, which is interesting.

[–] brbposting 3 points 3 months ago

Thanks, been meaning to look this up.