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.
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?
to me restaurants are now for special occasions, I can cook well enough that restaurants just feel disappointing.
Without context of that poll, that doesn’t mean much. Someone who eat fast food or have it often might not have to cut back on eating it.
a lot of people are addicts when it comes to fast food, take out, and delivery.
it’s the convenience they are addicted to.