Americans Are Using ‘Inflation Math’ To Decide Which Foods Are Still Worth The Price
We’ve heard of girl math and girl dinner. Now, there’s a new formula affecting how we live our day-to-day lives: NPR reported that rising prices at restaurants are leading more people to dine at home. The cost of eating a meal at a restaurant has gone up by 4.1% over the past year. Grocery prices have increased, too, but by a significantly smaller percentage: 1.1%. Since 2020, the cost of groceries has gone up by 19% while restaurant prices have gone up by 24%. Inflation math is changing the way people eat Americans are affected by these rising costs, and they’re choosing to make more frugal decisions People are cutting back on eating at restaurants and putting the money they save toward their grocery bill. It’s not just fancy sit-down restaurants that are losing customers; fast-food restaurants are also taking a hit. McDonald’s had their first decline in sales since restaurants closed completely in 2020, falling by almost 1% between April and June of 2024. The change in Americans’ consumption patterns has fast-food places reimagining …
