Spanish Ten Dollar Burger

Spanish Ten Dollar BurgerOkay, here’s what you need to understand. In America, McDonalds is cheap food. In the rest of the world, it’s not. At least not as cheap. In some parts of the world only the more affluent people can even begin to afford to eat at a McDonalds. China is the prime example that comes to my mind. But let’s take Spain, where I took this picture. If I go to Wikipedia and use the average wage per person number (purchasing power parity or PPP) for the U.s. and Spain I find that the U.S. is $55,048 per person and the number for Spain is $34,525 or about 63% of the U.S. wage. In the picture you see that a Fancy Burger Meal cost 7.20 euro. But to put that in dollars I need to multiply the 7.2 times 1.4 because it costs me $1.40 to get a euro in Spain. That means that the Fancy Burger Meal in Spain costs 7.2 X 1.4 or $10.08 in American money. Now I don’t know about you but I can get a Fancy Burger Meal for about half that where I live. What this shows is that it cost a lot more, relatively, to buy one of those fancy burgers in Spain than in the U.S. I think it’s even worse in the rest of the world than it is in Europe.