When I did my research, it rather were CHF7.50.
#How much does a big mac cost in zurich mac
According to their last article on this topic, a Big Mac in Zurich costs CHF6.50. Doing this, I got the impression that The Economist people underestimated the price of a Big Mac in Switzerland. So I had to research local Big Mac prices for some countries. In The Austrian capital Vienna, you can get the same thing for €4.10. In the French capital Paris, a Big Mac will cost you some €6. But there is no common price of a Big Mac in all of €-Europe. Unfortunately, being a tool to compare currencies, The Economist uses a common price for all countries of the €-zone. You can look up those prices in the Economist's reporting. For many countries, this research already was done by the Economist people. To do this, I needed the local price of a Big Mac. I transposed the local monthly price of several paid content-offerings in to the number of Big Macs, an inhabitant of the given country could purchase in a MacDonald's outlet next to him. Now, I did something similar in order to compare the pricing of digital subscriptions. The Economist calculates its Big Mac Index twice a year as a means to identify currencies which are, in relation to the US$, over-valued or under-valued. Some economists even argue that those prices, transferred into US$, should be more or less the same. Because the McDonald's burger is sold in many countries across the globe and because it is the same product wherever it sold, it should be an apples-to-apples comparison to set the price of a Big Mac in one country and that in another country side by side. In the mid 80s, The Economist magazine invented an ingenious way of comparing price levels in different countries: the Big Mac Index. An amount of money corresponding to US$ 10 will be a considerable amount of money in one country and not much more than a couple of coins in another.
That's because people in the US and in Germany and in Switzerland, not to speak from much less developed countries, are living in countries with hugely different price levels and average income rates. But even after transferring the local currency into US$ price comparisons don't tell us the whole truth. If we want to compare these prices, we need a common base. The Swiss quality newspaper NZZ sells its digital subscription to people in neighboring Germany for €14.90.
Germans (people in Germany) only pay €8.76 per month. Standard men's haircut in expat area of the cityīasic dinner out for two in neighborhood pubĢ tickets to the theater (best available seats)ĭinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessertġ beer in neighbourhood pub (500ml or 1pt.)ġ min.A digital subscription to the New York Times currently costs US-inhabitants $18.12 per month. Short visit to private doctor (15 minutes) (5 miles)Ĭold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) Taxi trip on a business day, basic tariff, 8 km. Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands)ġ summer dress in a high street store (zara, h&m or similar retailers)ġ pair of sport shoes (nike, adidas, or equivalent brands) ) for 1 person in 45 m2 (480 sqft) studio Utilities 1 month (heating, electricity, gas. Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area Basic lunchtime menu (including a drink) in the business districtĬombo meal in fast food restaurant (big mac meal or similar)ĥ00 gr (1 lb.) of boneless chicken breastĠ.5 l (16 oz) domestic beer in the supermarket
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