‘Big Mac’ Index Shows Shifts in Housing Affordability

How many burgers could you buy instead of a house?

NASHVILLE, TN (RFD-TV) — The 2025 Big Mac Housing Index offers a unique view of homeownership costs by measuring how many burgers it takes to buy a median-priced house.

Nationally, it takes about 71,000 Big Macs, down nearly seven percent from 2022 and well below the 2005 peak of more than 94,000. This suggests housing is relatively more affordable when compared to consumer goods.

But the picture varies widely by state. According to a report from Investor Observer — California, buyers face the steepest hurdle at more than 149,000 Big Macs, while Louisiana leads as the most affordable at just under 47,000. Other states, such as Ohio and Alabama, also fall near the lower end of the scale, while New York and New Jersey exceed 100,000 Big Macs, underscoring metro-area pressures.

The index, originally devised by The Economist, shows how inflation in consumer goods interacts with home prices, offering a clearer sense of affordability trends. Policymakers and buyers alike can use the measure as a reminder that regional differences remain a defining feature of the U.S. housing market.

While not directly tied to agriculture, the Big Mac Index highlights how broader inflation and affordability trends affect rural communities, where land values and housing costs often shape decisions about farm succession and attracting new farmers.

Related Stories
Rep. Erin Houchin of Indiana discusses how the Affordable Homes Act will benefit rural communities, and her broader efforts to improve access to affordable housing.
NEFB President Mark McHargue recaps the Farm Bureau’s Annual Convention, producer sentiment in Nebraska, and discusses key issues facing agriculture.
House Agriculture Committee Democrats are calling for action on the Farm and Family Relief Act, warning that proposed SNAP cost shifts to states could reduce food assistance for low-income families amid ongoing tariffs and trade disruptions that continue to strain U.S. farmers.
Roger McEowen with the Washburn University School of Law joined us to provide legal analysis on key cases shaping the agricultural landscape heading into the year ahead.
Texas Agriculture Commissioner Sid Miller today unveiled a bold plan to protect the nation’s prime farm and ranchland from the rapid spread of data centers.
Food prices increased in December, but not as much as expected, according to the latest Consumer Price Index from the U.S. Bureau of Labor and Statistics.
Structural efficiency supports cattle prices and resilience — breaking it risks higher costs and greater volatility.
Rising adoption of GLP-1 drugs may gradually reshape food demand, with potential downstream effects on protein markets and consumer purchasing patterns.
How the Public Trust Doctrine Threatens Agricultural Property Rights

Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

LATEST STORIES BY THIS AUTHOR:

Analysts say a Supreme Court decision on tariffs could reshape protein markets, strain U.S.-China trade, and force farmers to rethink global demand strategies.
President Donald Trump speaks at the World Economic Forum in Davos, addressing SNAP spending, tariff threats against Europe, market reactions, and the upcoming USMCA review.
From meatpacking settlements to landmark NEPA rulings, Roger McEowen outlines the top legal developments in 2025 that will shape agriculture in the years ahead.
Alan Bjerga with the National Milk Producers Federation joined us to review new policies and regulations supporting the dairy industry and what they mean for the year ahead.
Despite rising costs and growing food insecurity, meat demand remained strong in 2025 as higher-income consumers offset cutbacks elsewhere. Economists break down the K-shaped economy, upcoming USDA cattle reports, livestock production outlooks, and renewed debate over beef imports and country-of-origin labeling heading into 2026.
Corn growers are turning to ethanol, E15 expansion, and export markets to help absorb record supplies and stabilize prices. Farm leaders discuss low-carbon ethanol demand, flex-fuel vehicle challenges, input costs, and the role of USMCA as producers look for market relief in the year ahead.