CNBC: Why Fast Food Has Gotten So Expensive

[stewie_e]

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Prices at limited-service restaurants including Wendy's, Taco Bell, Chick-fil-A and Chipotle have increased more over the past decade than both full-service restaurants and overall inflation, according to the U.S. Bureau of Labor Statistics. Experts say rising labor costs are the main culprit. McDonald's underwhelming first-quarter 2024 earnings

Comments

[mary_pickforded]

It's mostly corporate greed. Their CEO and other high-ranking employees and board members make a fortune. They could have lower prices if they wanted to, and so could all the other companies. Doesn't help that most companies are part of monopolies, either.

[halevy]

This.

Covid saw soaring prices and when companies realized people would still pay (at the time), they never dropped the prices.

[glitterslugs]

exactly. and all the franchise owners make it a thing that each year you want to beat your profit from the year before

[v_is_for_violet]

Omg one of the worst parts of working in retail was the higher ups constant insistence that “you have to beat LY!!” Like sometimes it’s ok to just stay consistent…at a certain point you simply can’t go any higher

[peddlestools]

I went to the French bakery and stood in line only to find out that a single croissant now costs $5.00

then I walked to McDonald's to get a McGriddle and it was also $5.00 so I walked back to the French bakery and stood in line again to get that $5.00 croissant

[artlover2788]

That's my justification for spending $$$ on good quality food. I might as well spend that $20 on something decent/organic/minimal chemicals versus going to a fast food place to spend almost that much.

[aristobrit]

My favorite bakery is just down the street from me, and their plain croissant is $5.50, the chocolate almond is $7.50, and my fav croissant isn't even on the menu because they only make a limited number of them every morning and they're always sold out by 11 am. It's the ham and Swiss cheese croissant and it's $8.50.

This place has always been more expensive than normal, but they made it thru Covid and we lost so many bakeries and restaurants during that time, I don't feel like I can complain too much.

[anagramofbrat]

I am also a fiend for a ham and cheese croissant.

[halevy]

I know fast food/food trucks at big events are going to be more expensive, but the past weekend at Calgary Expo I went to get a poutine and paid $18. $18!!! It was cheaper last year. Also there was a poutine on the menu for $30. Is there caviar in there or something??

[peddlestools]

oh those are Canada dollars

[halevy]

Canada dollars are terrible :(

[caitiecait]

For $18 it better feed a family of five.

[waffletaco]

i dont know that i pay attention to prices these days. i just hand over my debit card and go on my way.

via GIPHY

[prlsb4swiine]

we've been eating out less and less, even with a better paying job i just got. it's just not worth it anymore for the quality/quantity of the food tbh

[hotguy8604]

I read this too quick and thought it said "we've been eating ass less"

[prlsb4swiine]

my new job has crazy hours!! no time to eat ass anymore 😫