Adak Island, Alaska, with a sparse population of 154 people, recently made headlines thanks to a surprising discovery by photographer and YouTuber Chris Luckhart. Luckhart stumbled upon an abandoned McDonald's on the island. The menu has been frozen without being updated since 1994, and visitors were surprised by the difference in prices from now.
This once uninhabited island served as a U.S. naval base during World War II and the Cold War. Seemingly untouched since the '90s, McDonald's still advertises its dinosaur-sized fries, representing the then-era fascination with the original Jurassic His Park movie.
For those curious about the cost of the meal in 1994, a Big Mac cost $4.59 (Rs. 144.02 at 1994 exchange rates), six chicken nuggets cost $2.35 (Rs. 73.81), and the kids' burger Happy There was 1 meal. Affordable price of $3.36 (Rs 105.60). Fast forward to today, a Big Mac now costs $8.39 (Rs 695.71 at current exchange rates), six chicken nuggets costs $4.79 (Rs 397.19) and a Happy Meal costs $5.99 (Rs 496.70). It's been quite a leap.
Children who were lucky enough to order a Happy Meal back then would have received a toy tied to Bobby's World, the animated series that captured the imaginations of '90s kids. And if you were an early riser, an Egg McMuffin in the '90s would have cost you $1.95 (Rs. 61.36), but now he's $3.99 (Rs. 330.86).
David Kleiman, a financial strategist at Kleiman Financial, told HuffPost that McDonald's prices are affected by inflation, gas prices, commercial real estate prices, interest rates, health insurance costs, car prices, and airfare to ship food across the country. He said it would be influenced by factors such as:
Despite local economic factors such as property taxes, minimum wage, rent, and other products, franchise owners have the autonomy to set their own prices. This means McDonald's prices can vary from location to location as franchisees adjust prices to suit local conditions. To help consumers compare prices in different locations, British marketing executive Sacha Fournier created his McCheapest tool, which collects and displays prices at various McDonald's locations across the United States. did. For example, as of Tuesday afternoon, the cheapest Big Mac was on sale in Stigler, Oklahoma, priced at $3.49 (Rs. 289.40), an increase of $1.04 (Rs. 32.61) from the 1994 menu price. I am.
top videos
Cillian Murphy competes with Bradley Cooper, Paul Giamatti and others for Best Actor at the 2024 Academy Awards
Jennifer Lawrence, Natalie Portman, Rachel Brosnahan and Maisie Williams appear at the Dior fashion show
Ayushmann Khurrana attends UNICEF India's Radio4Child Awards 2024.clock
Kajol, Radhika Apte, Konkona Sen Sharma and Munawar Faruqui attend the screening of 'Raapata Ladies'.clock
Adam Sandler and Carey Mulligan talk about balancing career and family at 'Spaceman' premiere
First published: February 28, 2024, 12:32 IST
Join News18 Whatsapp Channel