McDonald’s exec says average menu item costs 40% more than in 2019

https://www.cnbc.com/2024/05/29/mcdonalds-cost-increases.html

by cnbc_official

3 comments

  1. A top [McDonald’s]() executive is weighing in on claims that the company has jacked up its prices.

    Joe Erlinger, president of McDonald’s USA, [said in an open letter](https://corporate.mcdonalds.com/corpmcd/our-stories/article/providing-meaningful-value-to-our-fans-with-a-side-of-facts.html) Wednesday that the average price of McDonald’s menu items is up around 40% since 2019. The breakdown comes in response to claims on social media from [House Republicans](https://twitter.com/HouseGOP/status/1792960017726849282), among others, that the fast-food company upped prices by more than 100%. 

    “Americans across the country are making tough calls about where to spend their hard-earned money,” Erlinger said. “And while we’ve been working hard to make sure our fans have great reasons to visit us, it’s clear that we — together with our franchisees — must remain laser-focused on value and affordability.”

    Erlinger said the average price of a Big Mac meal today is $9.29, up 27% from $7.29 in 2019. The price for a 10-piece McNuggets meal is up 28% over the same period, and the price of medium french fries increased 44%.

    Erlinger added the cost increases are tied to similar increases in input costs such as crew salaries and cost of goods.

    “For a brand that proudly serves nearly 90% of the U.S. population every year, we feel a responsibility to make sure the real facts are available,” Erlinger said.

    More: [https://www.cnbc.com/2024/05/29/mcdonalds-cost-increases.html](https://www.cnbc.com/2024/05/29/mcdonalds-cost-increases.html)

  2. More on this subject from other reputable sources:

    —
    – Reuters (A): [McDonald’s top US exec denounces viral reports of runaway prices](https://www.reuters.com/business/retail-consumer/mcdonalds-top-us-exec-denounces-viral-reports-runaway-prices-2024-05-29/)
    – Denver Post (B+): [McDonald’s says $18 Big Mac meal was an ‘exception’ and news reports overstated its price increases](https://www.denverpost.com/2024/05/29/mcdonalds-says-18-big-mac-meal-was-an-exception-and-news-reports-overstated-its-price-increases/)
    – HuffPost (D+): [McDonald’s Says $18 Big Mac Meal Is Just An ‘Exception’](https://www.huffpost.com/entry/bc-us-mcdonalds-prices_l_6657a5b6e4b0169dc759415c)
    – Time (B): [McDonald’s Says $18 Big Mac Meal Was an ‘Exception’ ](https://time.com/6983501/mcdonalds-18-big-mac-meal-exception/)

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  3. >Joe Erlinger, president of McDonald’s USA, said in an open letter Wednesday that the average price of McDonald’s menu items is up around 40% since 2019. The breakdown comes in response to claims on social media from House Republicans, among others, that the fast-food company upped prices by more than 100%.  

    Do people realize they can just stop going to McDonald’s if they think prices are too high?   

    Yes, I already know the answer, I’m just baffled.

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