The most recent Big Mac Index (2022) highlights a significant difference in purchasing power between the United States and South Africa. In the U.S., a Big Mac costs $5.15, while in South Africa, it's priced at $2.34. The index indicates that the South African rand is undervalued by 42.2% against the U.S. dollar. The lower Big Mac cost in South Africa suggests potentially more affordable everyday goods and services, although this assessment doesn't encompass other factors like housing, healthcare, and transportation