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The Dome of the Rock above the old city walls of Jerusalem — Big Mac in Israel: ₪23 (about $7.67), July 2026

Big Mac Price in Israel2026

Economist · Verified Reviewed July 2026 Global rank #5 of 76

As of July 2026, a Big Mac in Israel costs ₪23 (ILS) — about $7.67 at 2.9993 ILS per USD. That's 23.3% more expensive than the US baseline ($6.22).

The numbers at a glance

Local price₪23 ILS
USD price$7.67
Exchange rate2.9993 ILS per USD
vs USA baseline ($6.22)+23.3%
Global rank#5 of 76
RegionMiddle East
CurrencyILS (₪)
Source The Economist Big Mac Index

What this means in plain English

The Big Mac Index suggests the ILS is currently overvalued against the US dollar by roughly 23.3%. In practice, that means a US visitor walking into a McDonald's in Israel will find their dollar buys fewer burgers than at home.

But the Big Mac Index is a starting point, not a verdict. Local wages, taxes, real-estate costs, and McDonald's own brand positioning all shape the local menu price. For a fuller discussion, see why PPP theory has its limits.

Related reading from the blog

Deeper coverage tied to Israel:

Frequently asked questions

How much does a Big Mac cost in Israel in 2026?

As of July 2026, a Big Mac in Israel costs ₪23 (ILS), which converts to approximately $7.67 at the current exchange rate of 2.9993 ILS per USD. Source: The Economist.

Is a Big Mac more expensive in Israel than in the USA?

A Big Mac in Israel ($7.67) is 23.3% more expensive than the USA price of $6.22. By the Big Mac Index, this suggests the ILS is overvalued against the US dollar by roughly 23.3%.

What does the Big Mac Index suggest about the ILS?

The Big Mac Index treats the USA price as the baseline. A 23.3% premium in Israel implies the ILS is currently stronger than purchasing power parity (PPP) theory would predict. Real-world causes typically include wage differences, taxes, local-input costs, and brand positioning — not just exchange rates.

Why is a Big Mac more expensive in Israel?

Several factors push Israel's Big Mac above the USA price: higher local labor costs, value-added taxes, real estate, supply-chain markups, or McDonald's positioning as a premium brand in that market. The Big Mac Index is a useful starting point, but it does not isolate any single cause. See the limits of the Big Mac Index for a fuller discussion.

How often is this data updated?

Big Mac local prices for Israel come from The Economist and are reviewed against new releases. Exchange rates on this page update with live FX data. The page was last reviewed on July 2026.

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