Prices of 30% of McDonald’s Japan Products to Rise from Jan. 24; Big Mac to Be Priced at ¥480 (2024)

FAQs

How much does a McDonald's Big Mac cost in Japan? ›

Big Mac will be priced at ¥480, a ¥30 increase. Double Cheeseburger will be priced at ¥430, while Teriyaki MacBurger will be ¥400. The price increase for both products is ¥30.

McDonald's exec refutes 100% price hike rumors

The letter lists the average price of a Big Mac as $5.29, a 21% increase from $4.39 in 2019.

However, as the graph shows, the price gap between Europe, the United States, and Japan has widened since 2013. By 2022, Japan sold Big Macs cheaper than China. The direct causes of "cheap Japan" is long-term stagnation in prices and depreciation of the Japanese Yen.

Most cans of pop are 100 yen. For special imported stuff you might pay 120-150 yen. Pretty standard price really, not expensive.

The average cost of living in Japan is 55% lower than the average cost of living in the United States. Surprisingly, Japan is not too expensive to live in assuming you are used to a Western lifestyle and living standards.

The European Court of Justice found that McDonald's could not show it had made genuine use of the trademark for a continuous period of five years. "McDonald's loses the EU trade mark 'Big Mac' in respect of poultry products," the judges ruled.

May 29 (Reuters) - McDonald's (MCD. N) , opens new tab top U.S. executive denounced viral reports of runaway Big Mac prices as painting an inaccurate picture of the company, which has seen its profits surge by roughly a third since 2019 and is now preparing to roll out $5 combo meals.

The Big Mac theory is a purchasing power parity. The purchasing power parity (PPP) measures the price of the same goods in two different countries regardless of costs and fees. The purchasing power parity formula is S (or PPP) = P1/P2.

To obtain the Big Mac PPP exchange rate between two countries, the price of a Big Mac calculated in the country's currency is divided by the price of Big Mac in another country. The value obtained will be the exchange rate. This value is then compared with the actual exchange rate.

What does a Big Mac cost in Russia? ›

How much is a Big Mac in Russia in the ruble versus the US dollar? A Big Mac costs 135 Russian roubles in Moscow, Russia. Right now, that's $1,87. But the exchange rate keeps changing, because of recent market events.

Switzerland has the highest McDonald's prices in the world, and I visited one during a recent trip. I spent $31 at a McDonald's in Zurich and got three sandwiches, fries, and some dipping sauces.

At 8.17 U.S. dollars, Switzerland has the most expensive Big Macs in the world, according to the January 2024 Big Mac index. Concurrently the cost of a Big Mac was 5.69 dollars in the U.S., and 5.87 U.S. dollars in the Euro area.

Bai Teriyaki Chicken Filet-O

After 5 pm, Mcdonald's in Japan offers their "bai" menu. This menu means that you can purchase a sandwich with double the protein. This teriyaki chicken filet-o has two fried chicken patties smothered in a delicious peppery, sweet sauce.

A lunchtime special, the HiruMac Big Mac offers the same beloved Big Mac taste with two beef patties, special sauce, lettuce, cheese, pickles, and onions at a cheaper price.

The price will be raised to ¥450 from ¥410 for the Big Mac and to ¥330 from ¥290 for french fries for a medium-size serving. Value meal prices will go up as well.

McDonald's Korea said Thursday it will increase the price of 13 menu items by an average 3.7 percent, including the signature Big Mac, next week due to higher food and shipping costs. Under the plan, the price of a Big Mac will rise 300 won to 5,500 won ($4.06) on Nov.

The truth is, Japan may not be as expensive as you think. While prices for certain goods and services are generally higher than you'd find in countries like China, Thailand, and Vietnam, on the whole you might discover that costs are lower than places such as Singapore, Australia, and Scandinavia.