McDonald's has denied claims that the average price of the Big Mac has doubled since 2019, stating that the average price was $4.39 in 2019 and now costs $5.29, a 20.5% increase. The company, which serves nearly 90% of the U.S. population annually, has a responsibility to ensure the real facts are available.
The average U.S. price of a Big Mac meal is currently $9.29, which includes a sandwich, fries, and a drink. However, the cost of some items has seen bigger price jumps than the Big Mac, with the average price of medium fries being $4.29 in 2019 and now $3.29, a 44% increase. McDonald's said the average price of all menu items has risen 40% over the last five years, accounting for a 40% average increase in the cost of labor, paper, and food.
This is higher than overall consumer prices, which have increased 21% since December 2019. McDonald's has seen a slowdown in store traffic in the first three months of this year due to inflation-weary customers eating out less often.
Next month, McDonald's is expected to introduce a $5 meal deal across the U.S., which includes a sandwich, a four-piece McNugget, small fries, and a small drink.
The average U.S. price of a Big Mac meal is currently $9.29, which includes a sandwich, fries, and a drink. However, the cost of some items has seen bigger price jumps than the Big Mac, with the average price of medium fries being $4.29 in 2019 and now $3.29, a 44% increase. McDonald's said the average price of all menu items has risen 40% over the last five years, accounting for a 40% average increase in the cost of labor, paper, and food.
This is higher than overall consumer prices, which have increased 21% since December 2019. McDonald's has seen a slowdown in store traffic in the first three months of this year due to inflation-weary customers eating out less often.
Next month, McDonald's is expected to introduce a $5 meal deal across the U.S., which includes a sandwich, a four-piece McNugget, small fries, and a small drink.
