McDonald's menu prices have dramatically increased over the past decade. A Big Mac Extra Value Meal that cost less than $8 in 2016 now retails for $11.99, representing a 50% price increase. The Quarter Pounder with Cheese exemplifies this trend, rising from $4.85 in 2016 to significantly higher prices today. While inflation accounts for some price growth, with expected increases of 1-4% annually since 2000, the actual price increases exceed what inflation alone would predict. When accounting for inflation rates, the Quarter Pounder should cost approximately $6.59 today rather than its current price, indicating that factors beyond inflation have contributed substantially to McDonald's price increases.
"A quick look through McDonald's prices from 2016 is making us long for a not-too-distant past that was easier on our pocketbooks. When we tried every McDonald's burger and named the Quarter Pounder with Cheese the champion, we weren't deterred by its $7.99 price tag. But that burger in 2016? It cost just $4.85. And if you think that's a deal, you could grab it with medium fries and a drink for $7.41."
"When we factor in inflation, including the markedly higher rates since 2021, the burger that cost $4.85 in 2016 should only cost $6.59 today, meaning inflation is not the only culprit."
Read at Tasting Table
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