(WKBN) – The price of just about everything is going up and so are menu prices. It’s been a steady increase since a slight dip in 2021.
Menu prices increased overall by 7.4% during the last 12 months ending in May, according to the National Restaurant Association. It is the largest 12-month gain since 1981.
Full-service menu prices increased 9.0% and limited-service meals and snacks were up 7.3%.
The higher prices are because of higher food and labor costs.
The Midwest had the biggest increase with 8.8% followed by the South at 7.65%, the West at 6.9%, and the Northeast at 6.3%.
Many restaurants began adding surcharges to customers’ bills to offset costs.