"In 2024, LendingTree asked more than 2,000 Americans how they felt about fast food, and nearly 80% of them said they now see a quick burger or some nuggets from their local chain as a luxury. But the truth is, while prices are rising everywhere, some fast-food chains are certainly more expensive than others. Some have always been pricier, while others are guilty of hiking costs considerably in the last few years."
"It actually began as a hot dog stand in New York City's Madison Square Park in 2001. But if you want to eat at one now, don't expect street food prices. A sausage in a New York park will set you back around $5, but a hot dog at Shake Shack sits at around $6.29 (that's based on Grubhub prices in New York's Theater District, anyway)."
Inflation surged in 2022 to levels not seen since the 1980s, leaving many households still struggling. A 2024 LendingTree survey of more than 2,000 Americans found nearly 80% now view fast food as a luxury. Prices have risen broadly, but some fast-food chains are significantly more expensive than others, with some always pricier and others raising prices sharply in recent years. Shake Shack, which began as a Madison Square Park hot dog stand in 2001, now charges around $6.29 for a hot dog in New York and ranks among the most expensive and most complained-about chains. Consumers face higher bills when choosing burgers, fries, or fried chicken.
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