Local wage differences show relative cost of bread, Big Mac, iPod

Sun

According to a UBS study of relative purchasing power in cities around the world, a wage-earner in Nairobi would have to work for more than 2 1/2 hours to pay for a McDonald’s Big Mac sandwich. That’s more than 10 times longer than for those in New Your and Sydney, who would need to work only 14 minutes.

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