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The McDonalds Burger Index? (UAE)

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11. Posted by BedouinLeo (Inactive 698 posts) 6y

Always suspected.
I nearly bought a small studio out in Dubai two years ago and guess what, I found a report that suggested that their bubble would burst towards the end of 2009/beginning of 2010. I was still keen to give it a look over. Thank goodness I stayed put.

12. Posted by Piecar (Travel Guru 894 posts) 6y

For instance....McDonalds is a pretty cheap meal in a lot of places...But it is damned expensive, compared to other foods around in Colombia, and Chile, and several other places. The Western World makes it a cheap meal because the fattening ingredients are plentifu, , but they cannot compete with a basic filling meal for two dollars in places where they have stringy cattle with lean meat and basic vegetables. KFC is the same. They have an ideal chicken(apparently one with no eyes, stubby legs and a huge midsection) it costs money to ship that kind of bird to a 3rd world country. Some guy who has chickens in his yard beats you there.

The McDonalds Index only works in the First World.

13. Posted by Sam I Am (Admin 5588 posts) 6y

Quoting Piecar

For instance....McDonalds is a pretty cheap meal in a lot of places...But it is damned expensive, compared to other foods around in Colombia, and Chile, and several other places. The Western World makes it a cheap meal because the fattening ingredients are plentifu, , but they cannot compete with a basic filling meal for two dollars in places where they have stringy cattle with lean meat and basic vegetables. KFC is the same. They have an ideal chicken(apparently one with no eyes, stubby legs and a huge midsection) it costs money to ship that kind of bird to a 3rd world country. Some guy who has chickens in his yard beats you there.

The McDonalds Index only works in the First World.

Actually, I think that's the point of the Big Mac index. It's supposed to not just look at local vegetables, but also factor in things like transport, meat, labour, rent etc. It's really not supposed to be a measure of the cost of food in a country, but rather the cost of living, owning a car, renting etc. Having said that, I've never believed it to be very accurate!

14. Posted by Piecar (Travel Guru 894 posts) 6y

That it is variable is why I say it doesn't work. It is not an accurate indicator of the cost of living of a country. The price is high or low depending on how popular McDonald´s is in the local culture.

D

15. Posted by Peter (Admin 5789 posts) 6y

You could also check per diem rates as issued by various governments. Try it here for the US for instance: http://aoprals.state.gov/web920/per_diem.asp

They list Maximum Lodging Rate, M & IE Rate (Meals and Incidental Expenses) and the Maximum Per Diem Rate (sum of the other two it seems). I believe they also take livability into account, which does skew things a little. An otherwise cheap place might end up having a high per-diem, because you have to risk your life to go there!

Their numbers are usually way higher than we would pay, but when you view them all relative to each other, they are pretty useful I think. Here's Australia's numbers as an example:

Perth $414
Melbourne $401
Adelaide $386
Sydney $365
Hobart $364
Darwin, Northern Territory $353
Canberra $338
Brisbane $335
Richmond, NSW $324
Fremantle $311
Cairns $298
Darwin, Northern Territory $263
Other $239

16. Posted by dnicholson (Full Member 146 posts) 6y

Well, it depends on which country I will be visiting. if it is a country wherein an old friend or relative is at, its easy to ask for budget issues. if it is a country where I don't know anyone, the good news is that every detail about prices that can affect the cost of living is accessible through the internet.. researching for it and alloting money, with emergency funds, will now be easier..

Post 17 was removed by a moderator
18. Posted by MerB (Full Member 147 posts) 6y

Quoting Ofelia

Quoting MerB

I didn't know there were any countries without a McDonalds.

Funny enough, the McDonald's in Iceland is going out of business (too expensive to run) so the franchise is pulling out...

good news.

19. Posted by BedouinLeo (Inactive 698 posts) 6y

[quote=MerB]

Funny enough, the McDonald's in Iceland is going out of business (too expensive to run) so the franchise is pulling out....

good news.

Bad news I say.

20. Posted by Swept Away (Travel Guru 1113 posts) 6y

Mc.donalds in the US causes obesity... well in some Asian countries, they die not because the calories, BUT the lack of it.

Meal no. 1 in the Philippines, is so pathetic, fries is so small and the drink, considering the climate, is extremely oppressive. Its a very tiny cup. The most expensive item in the menu, is the rice, which is a very tiny cup...

Malaysia and Singapore and Thailand, give better options for its people.