The price of a McDonald's Quarter Pounder with Cheese meal has more than doubled since 2014, data show.
Kevin Roberts remembers when he could get a bacon cheeseburger, fries and a drink from Five Guys for $10. But that was years ago. When the Virginia high school teacher recently visited the fast-food chain, the food alone without a beverage cost double that amount.
Roberts, 38, now only gets fast food "as a rare treat," he told CBS MoneyWatch. "Nothing has made me cook at home more than fast-food prices."
Roberts is hardly alone. Many consumers are expressing frustration at the surge in fast-food prices, which are starting to scare off budget-conscious customers.
A January poll by consulting firm Revenue Management Solutions found that about 25% of people who make under $50,000 were cutting back on fast food, pointing to cost as a concern.
about 25% of people who make under $50,000 were cutting back on fast food
Only 25%? Who hasn't cut back, even if it's subconsciously?
I know it's just an anecdote, but my wife and I make a lot more than that and we've had to cut how often we get fast food because it's become way too expensive.
Shit, half the time we just get sit-down service because the cost isn't that much higher. Why would we get low quality fast food for $30 when we can go to a local sit-down restaurant and get higher quality food for $40, tip included?
My lunch ritual is go through a drive thru and eat in my car while playing on my phone. Between apps and coupons, I can usually eat for $5-7, sometimes I order something at full price because it sounds particularly good that day.
I know there are so many other better options, but my neurodivergency doesn't like it when I change up a ritual that's been going on for so many years.