Cost of making a classic lunch at a US diner is 13% more now, shows data

Food costs in the US are up 11.4 per cent from a year ago, the most since 1979, and are a key driver behind the nation's 8.3 per cent overall inflation rate

Christmas, Restaurants, Business in Covid
Representative image
Bloomberg
2 min read Last Updated : Sep 23 2022 | 12:33 AM IST
The cost of preparing a classic lunch at an American diner has shot up by almost 13 per cent in a year.

To track inflation’s effect on a menu choice, Bloomberg created an American Diner Index that includes ingredients for some classic American diner foods. Prices for lettuce and bread have surged 33 per cent and 20 per cent in the past year.

Two other key ingredients in the club sandwich, turkey and ham, also soared by more than 10 per cent. And a half gallon of ice cream now costs about $5.64, up from $4.92 a year ago.

Food costs in the US are up 11.4 per cent from a year ago, the most since 1979, and are a key driver behind the nation’s 8.3 per cent overall inflation rate. 

Romaine lettuce has had the biggest yearly jump overall in the lunch index, likely because of cutbacks in planting by US farmers wary of unpredictable consumer demand. Turkey and ham are up by 16 per cent and 12 per cent, respectively. 

Low-income consumers cut back their purchases noticeably, but some fast-casual chains reported stronger spending by higher-income patrons in the second quarter, said analyst Michael Halen.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :USAUS InflationUS economy

Next Story