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Americans will face a 10% increase in barbecue costs this Memorial Day weekend as inflation continues to impact the economy. What Happened : The cost of Memorial Day cookout items has risen by 10% from last year. The average expense for a typical barbecue has climbed to $30, up from $27 in 2023, as reported by WalletHub.
A Consumer Affairs report echoed similar findings, noting that the cost of seven essential barbecue items, including burgers and hot dogs, totaled $30.18, compared to $27.39 last year.
The primary driver of this increase is the soaring price of burgers, which have risen by 15% to $8.07 for an order of eight. Other items have also seen price hikes.
Burger and hot dog buns are up 1%, while condiments such as ketchup and mustard have increased by 2% and 3%, respectively. Relish prices have surged by 49% due to a pickle shortage caused by extreme weather in Mexico. Additionally, according to the Labor Department's Bureau of Labor Statistics, the cost of beer has risen by 3%, and soda prices are up 4.
1%. The New York Post reported that food inflation was 3.4% higher year-over-year in April, with groceries being 2.
2% more expensive than in 2023. Loading..
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. Also Read: What Does 'Wealth" Mean To Americans Today? Survey Yields Unexpected Responses Why It Matters : The rising costs of Memorial Day barbecues reflect broader inflationary trends affecting the U.S.
economy. According to the Labor Department , food inflation has been a persi.