Big macs were never that cheap. Minimum wage in the early 1980s was $3.35/hr and unlike today, McDonald's actually had people standing in line to apply for jobs at that wage. I was one of them.
A Big Mac at that time was around $1.00 although the "value combo" concept had emerged so most people didn't buy them individually.
McDonald's today pays $15/hr and has trouble hiring. They couldn't hire anyone if they just offered minimum wage. A Big Mac is around $5.00 so the ratio is broadly the same.
A Big Mac at that time was around $1.00 although the "value combo" concept had emerged so most people didn't buy them individually.
McDonald's today pays $15/hr and has trouble hiring. They couldn't hire anyone if they just offered minimum wage. A Big Mac is around $5.00 so the ratio is broadly the same.