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.
Note that “cook at home” is likely to mean “toss box of pre-cooked factory food featuring mechanically separated ‘meat’ and enough junk to keep it shelf stable for months into microwave or air fryer to reheat”, which is unlikely to be any better, and in fact may likely be even worse (going harder core on some of the processing to last months in a customer pantry).
Yeah, that’s a really good point. It’s kinda horrifying what poor people are forced to consume in this country. The crap we sell at the bottom tiers of food supply is actively deleterious to your health. It’s awful.