Five years of inflation have pushed up the cost of burgers by 50%
of ConsumerAffairs
If you are shopping for July 4th cookout supplies youve already noticed that prices are a bit higher than last year. But how about five years ago?
Our partners at Datasembly, a company that tracks thousands of grocery prices in real-time, have provided a year-by-year price comparison, starting in 2019. That was before the COVID-19 pandemic and before inflation began to take off.
For example, 1.3 pounds of ground chuck for burgers costs $8.45 today. But in 2019 you could buy those burgers for $5.62. Doing the math, those hamburgers have increased in price by 50% or an average of 10% per year.
But thats not the only cookout staple thats gotten more expensive. Fifty seven-inch disposable plates, which cost $2.76 in 2019 today costs $4.97, an increase of 98%.
How about a 12-pack of soda? In 2019 you could buy it for $5.17. Now? $9.18, an increase of 77.5%.
A package of 16 beef hot dogs cost $7.62 five years ago but now sells for $10.30, a 35% increase. Fortunately, a few things on the menu havent gone up as much.
A 14 oz. jar of mustard cost $1.97 in 2019 but will only set you back $2.12 today, an increase of only 7.6% A package of 30 plastic cups costs 10% more than five years ago.
While its true that inflation has slowed, it doesnt mean that prices have gone down. Check out the complete five-year price comparison in the chart below.
Five-year price comparison
|
Item Description |
2024 |
2023 |
2022 |
2021 |
2020 |
2019 |
|
Ground Beef Chuck Burgers 1.33 lbs (4 ct) |
8.45 |
7.32 |
$6.98 |
7.68 |
5.62 |
|
|
Beef hot dogs, 16 ct |
10.3 |
9.42 |
9.71 |
8.63 |
6.98 |
7.62 |
|
Hamburger buns 8 ct |
$3.22 |
3.22 |
2.89 |
3.29 |
2.56 |
$2.59 |
|
Hot dog buns 8 ct |
$3.28 |
3.27 |
$2.89 |
3.33 |
2.56 |
2.61 |
|
Baked beans, 16oz |
$2.38 |
$2.29 |
$2.28 |
$1.79 |
$1.75 |
$1.71 |
|
Soda, 12 pack |
$9.18 |
$8.12 |
$6.77 |
$5.53 |
$5.34 |
$5.17 |
|
Disposable plates, 7 inch 50 ct |
$4.97 |
$4.39 |
$3.34 |
$3.74 |
$2.48 |
$2.76 |
|
Sweet relish, 12.7oz bottle |
$3.53 |
$2.51 |
$2.28 |
$2.28 |
||
|
Tomato ketchup 20oz |
$3.87 |
$3.82 |
$2.91 |
$2.61 |
$2.54 |
|
|
Yellow mustard, 14 oz |
$2.12 |
$2.12 |
$2.59 |
$2.21 |
$1.96 |
$1.97 |
|
Mayonnaise, 12oz |
$4.86 |
$4.84 |
$3.46 |
$3.30 |
$2.90 |
$2.83 |
|
American Cheese - 24ct |
$5.64 |
$5.44 |
$5.47 |
$6.39 |
$4.80 |
$4.90 |
|
Plastic cups, 30 ct |
$5.71 |
$5.64 |
$4.87 |
$4.03 |
$3.68 |
$5.19 |
Photo Credit: Consumer Affairs News Department Images
Posted: 2024-07-02 10:52:59
