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Fast food at fine dining prices? Skip to main content. 24/7 ... LaVay noticed the price of hamburgers in his area inching up to $2.50 apiece, with a Big Mac going for $5.39 today.
In the Bureau of Labor Statistics’ Consumer Price Index, the food at home category rose only 1.3% between December 2022 and December 2023, but food away from home rose 5.2%.
Put another way, fast-food prices have increased at close to double the national rate of inflation. Take McDonald's, for example; the undisputed king of fast food's menu prices have jumped by 100% ...
You're not alone if you think fast-food prices have gotten outrageously high. According to a recent LendingTree survey, 65% of respondents say they've been "shocked by the high price of a fast-food...
A report from UC Riverside School of Business stated that the act could increase labor costs by 30% to 50% (thereby causing fast-food prices to rise by up to 30%), encourage customers to eat elsewhere (like full-service restaurants and grocery stores), and result in the closure of 1-2,000 fast-food locations statewide, with 30,000 to 45,000 ...
In that time prices ticked up 0.2% at limited service spots, which include fast casual and fast food joints. The difference between grocery increases and menu price inflation was more pronounced ...
That’s a massive price increase of nearly 200% in a single decade.”. A McDouble sandwich was $1.19 in 2014 and is now $3.14, which is a 168% increase. In 2014, a medium-sized fries were $1.59 ...
How does fast food inflation compare to actual inflation? According to the Bureau of Labor Statistics, the cost of goods in the U.S. has risen 31% since 2014, meaning $100 in 2014 dollars is worth ...
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