Fast food, once seen as a quick and affordable meal, is now considered a luxury by many Americans due to rising menu prices, according to a LendingTree survey.
The survey, which polled over 2,000 adults, revealed that nearly 80% now view fast food as a “luxury,” and 62% are eating it less often because of the higher costs.
The financial strain is particularly felt by certain groups: 71% of those earning less than $30,000 annually, 58% of parents with young children, 58% of Gen Zers, and 53% of women consider fast food a luxury, KTLA reported.
Menu prices at major chains like McDonald’s, Chipotle, Taco Bell, and Chick-fil-A have increased significantly over the past decade, with some rising between 39% and 100% since 2014, outpacing the overall inflation rate of 31%.
Written by B.C. Begley
