<p>Yes there are several other such indexes although none as popular as the Big Mac one.</p>
<p>For example the Economist themselves provide not just Big Mac index but also '<a href="https://www.economist.com/finance-and-economics/2004/01/15/burgers-or-beans" rel="nofollow noreferrer">Tall Late Index</a>' based on Starbucks' tall late prices.</p>
<p>Another example is the <a href="https://www.thelocal.se/20090910/21998" rel="nofollow noreferrer">Bloomberg 'Billy bookshelf index'</a> [ based on Ikea product].</p>
<p>Yet another example is one Australian bank for while used <a href="https://web.archive.org/web/20080411002225/http://www.smh.com.au/news/technology/ipod-index-trumps-the-bigmac-one/2007/01/18/1169095897045.html" rel="nofollow noreferrer">iPod index</a> (although this one was criticized on the grounds that it requires transportation and transportation costs are non-trivial).</p>
<p>Probably you could find more such indexes. In principle any homogenous good can serve as a basis for such index.</p>

CC BY-SA 4.0
2021-02-13T10:24:47.097Z
The iPod index seems to be from ~2007. I wonder if anyone tried to update the study, perhaps to an an i*Phone* index
stevec
CC BY-SA 4.0
2021-02-13T10:26:53.910Z
@stevec it is possible although this index was also criticized due to that transport cost issue and that critique would apply to iPhone as well
1muflon1
CC BY-SA 4.0
2021-02-13T10:28:03.693Z
Actually, Commsec did switch to iPhone (see [here](https://www.commsec.com.au/content/dam/EN/ResearchNews/2019Reports/September/ECO_Insights_090919-CommSec-iPhone-index.pdf)).
stevec
CC BY-SA 4.0
2021-02-13T10:19:49.307Z
2021-02-13T10:29:18.373Z
2021-02-13T10:29:18.373Z
1muflon1
<p>The <a href="https://www.economist.com/big-mac-index" rel="nofollow noreferrer">Big Mac Index</a> compares the cost of a McDonalds Big Mac in different currencies around the world. In doing so, it <a href="https://en.wikipedia.org/wiki/Big_Mac_Index" rel="nofollow noreferrer">provides</a>:</p>
<blockquote>
<p>an informal way of measuring the purchasing power parity (PPP) between two currencies and provides a test of the extent to which market exchange rates result in goods costing the same in different countries</p>
</blockquote>
<p>Have any academics, organisations, or think tanks made similarly useful indices based on other product/s or service/s?</p>

<currency><purchasing-power-partity>
Big Mac Index based on other products or services?
stevec
# Big Mac Index based on other products or services?

(Asked by: username_0 on 2021-02-13)

The [Big Mac Index](https://www.economist.com/big-mac-index) compares the cost of a McDonalds Big Mac in different currencies around the world. In doing so, it [provides](https://en.wikipedia.org/wiki/Big_Mac_Index):

> an informal way of measuring the purchasing power parity (PPP) between two currencies and provides a test of the extent to which market exchange rates result in goods costing the same in different countries

Have any academics, organisations, or think tanks made similarly useful indices based on other product/s or service/s?

**Tags:** currency, purchasing-power-partity


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## 1 answers

### Answer by username_1 on 2021-02-13. Score: 1 | Accepted answer

Yes there are several other such indexes although none as popular as the Big Mac one.

For example the Economist themselves provide not just Big Mac index but also '[Tall Late Index](https://www.economist.com/finance-and-economics/2004/01/15/burgers-or-beans)' based on Starbucks' tall late prices.

Another example is the [Bloomberg 'Billy bookshelf index'](https://www.thelocal.se/20090910/21998) [ based on Ikea product].

Yet another example is one Australian bank for while used [iPod index](https://web.archive.org/web/20080411002225/http://www.smh.com.au/news/technology/ipod-index-trumps-the-bigmac-one/2007/01/18/1169095897045.html) (although this one was criticized on the grounds that it requires transportation and transportation costs are non-trivial).

Probably you could find more such indexes. In principle any homogenous good can serve as a basis for such index.

> **Comments:**
> **username_0**: The iPod index seems to be from ~2007. I wonder if anyone tried to update the study, perhaps to an an i*Phone* index  
> **username_1**: @username_0 it is possible although this index was also criticized due to that transport cost issue and that critique would apply to iPhone as well  
> **username_0**: Actually, Commsec did switch to iPhone (see [here](https://www.commsec.com.au/content/dam/EN/ResearchNews/2019Reports/September/ECO_Insights_090919-CommSec-iPhone-index.pdf)).  

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