The Big Mac index is regarded as an indicator of purchasing power and it shows us the price evolution in any given country of this exact burger. What the historical pricing data tells us is that Big Mac prices have gone up considerably and quite consistently. The average price for a Big Mac burger in the USA is US$5.66 in 2021, and it was US$5.30 in January 2018. In comparison, the same burger would have cost you only US$3.57 in 2008 and just US$2.51 in 2000.
Looking
at the above 40 years chart, listing the prices for several Rolex models, the
seasoned chart-ninjas among you will have noticed one key anomaly: the end of
the Rolex chart is as flat as a pancake. Since 2012, prices remained mostly the
same across the listed Rolex models. That is more than 5 years now that we
haven’t seen any (significant) price increase for these models. Looking at all
the years prior, that is a pattern that is absolutely out of the ordinary. The
Big Mac price however, has gone up consistently. Comparing with year 2000 to
2021, what is the Big Mac appreciation , it is 2.25Xhow about a Rolex Daytona
in 2000 a Daytona 116520 is about US$9,600.00. By 2021 if you don’t use that
Daytona and keep it as it was bought , it’s a NOS, now you can sell it at
$25,600. That is 2.66X.
From
the curve, only Daytona can catch up with the Big Mac, second one is Explorer
II 16570 say A series. It was about 2.2X appreciation from 2000 to 2021.
Note that the price is the old watch is highest when it is kept as new (NOS) if that is being used and loss of warranty, price would be drastic reduced.
HK Snob
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