The average retail price of a Big Mac in the United States is $4.56, but that’s just a fraction of the actual cost. When we add in all the hidden, externalized expenses of meat production, the full burden on society is a hefty $12.00 per sandwich. The extra $7.44 above the retail price is borne by American taxpayers and consumers. In other words, rich or poor, omnivore or herbivore, you incur a share of the hidden costs of each and every Big Mac sold in this country.
Curious what you’re paying for? The externalized costs of each burger include:
- $0.38 for cruelty. A total of $20.7 billion in cruelty costs is imposed on Americans each year. (Extrapolated from a study in which auction participants bid to end cruel farming practices.)
- $0.67 in environmental losses. This is a small piece of the $37.2 billion in annual environmental costs related to U.S. animal food production each year. The figure includes the costs of soil erosion, climate change, damage from pesticides and fertilizers, devaluation of real property, and manure remediation.
- $0.70 in subsidies. Toss in a few coins from the $38.4 billion in government subsidies that American taxpayers pay to fund the meat and dairy industries each year.
- $5.69 in health care costs. The biggest slice of the pie is a chunk of the $314 billion in health care costs incurred by Americans each year to treat those cases of cancer, diabetes heart disease, and food poisoning related to meat and dairy consumption.
With “billions and billions” sold, the social costs add up fast. The total externalized costs of U.S. meat and dairy production are over $414 billion each year. Under a financial burden of such staggering dimensions, the only ones “lovin’ it” are shareholders in the McDonald’s Corporation.
* * *
Source: David Robinson Simon, Meatonomics: How the Rigged Economics of Meat and Dairy Make You Consume Too Much—and How to Eat Better, Live Longer, and Spend Smarter (San Francisco: Conari Press, 2013) (costs of fish production excluded).