🍔 Inflation has taken a bite out of our wallets when it comes to the prices of a cheeseburger.
When James Samara and Brendan McManus opened The Mighty Colorado Burger inside Denver Beer Co.’s Arvada location in 2017, a basic cheeseburger with fries cost $9. Now, the combo is $12, which Samara said is to make up for higher employee wages, food and distribution costs.
“The price increases have definitely been felt on most ingredients,” said Adam Branz, owner of Split Lip. “Even for our tiny little burger, we’re still paying $5 a pound on the meat alone, which we are buying higher quality meat, so it’s a cost we’re aware of, but nonetheless, the rising cost of all burger ingredients is something we have to keep an eye on.”
“They’re genuinely curious, and the pandemic has made it easier to have those conversations,” Samara said. “If they’re not understanding, they don’t freak out on the cooks or staff, I think they just stop coming.” To understand why you’re paying $12 for a burger and fries, we’ve broken down a list of the ingredients for a Mighty Burger, their increase in cost over the past three years and what Samara and McManus are paying now.
Wholesale 90 percent ground beef, which restaurants like The Mighty Colorado Burger use, is $3.30 per pound, according to the Cattlemen’s Beef Board and the National Cattlemen’s Beef Association, which aggregates data from the USDA.
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