Freddie Mac first began publicly providing the Federal COFI in March, 1991 values are calculated for earlier years to illustrate what the index values would have been for those periods and are provided for research purposes only. The Federal COFI is made available by Freddie Mac on or about the 20th day of each month. It is calculated as the sum of the monthly average interest rates for marketable Treasury bills and for marketable Treasury notes, divided by two, and rounded to three decimal places.įreddie Mac doesn't define exactly which "marketable Treasury bills and marketable Treasury notes" are included in its calculations, or whether or not they follow a calendar month, utilize weighted averages or other information. The Federal Cost of Funds Index (Fed COFI) is used as a benchmark for some types of mortgage loans and securities. A Romanian who earns the average net wage affords to buy 300 Big Mac sandwiches in a month, 70 more than two years ago, according to Ziarul Financiar calculations based on data from The Economist. īased on the sources available, here are approximate dollar amounts that fast-food burgers cost in the US the year you were born.Monthly ARM Indexes: Federal Cost of Funds, 1985-present This monster of a sandwich defined unhealthy burgers when it hit menus in 2017 and took the Big Mac formula to the next level.
This has contributed to the fact that more students are leaving college with larger student loans than before. K eep in mind that Wendy's didn't join the competition until 1969 - but their single patties have always weighed 4 ounces. The cost of college tuition in most public institutions has also increased dramatically over the past few years, with out-of-state prices increasing a little more than in-state, in general. And, some burger prices were not readily available. Like anything else, the prices for these competing products have varied by region since the beginning - so all prices below are approximate, and will vary based on your geographic location. per patty, they're about half the size of their competitors - but they've been around since 1921, and the chain is arguably the first fast-food chain in the US. If you've never had one, White Castle burgers are also called sliders for several reasons - not the least of which is that they're tiny. in a pound, so to keep a level playing field, that's 4 oz. File systems of the Macs past, present and maybe future. īy contrast, Burger King's Whopper has been around since 1957 - and the patty was a 1/4 lb. The Quarter Pounder didn't exist until 1971. The chain's iconic Big Mac - which prompted the Economist to begin publishing its Big Mac Index as an international indicator of comparative individual purchasing power in 1986 - wasn't introduced until 1967. INSIDER compared each chain's most basic burger offerings to one another.Ī McDonald's hamburger in 1955 - when the company started - weighed 3.7 ounces, according to BuzzFeed.
s Cost of Living Calculator lets you compare the cost of living and salary differentials State to State or over 300+ US cities. Some chains have differently sized patties. Compare the Cost of Living in Austin, Texas against another US Cities and States.