McDonald’s menu prices have increased by over 100% during the last decade: study
McDonald’s has jacked up its menu prices by more than 100% over the last decade — more than three times the rate of US inflation, according to a research report.
The Chicago-based burger giant has been slammed with customer complaints over eye-popping prices, including $18 for a Big Mac meal in Connecticut as well as $7.29 for an Egg McMuffin and $5.69 for a side of hash browns.
Now, a Quarter Pounder with Cheese meal goes for $11.99 — more than double the $5.39 it cost in 2014, according to a study by FinanceBuzz, which cited average prices nationwide.
But a spokesperson for McDonald’s told The Post that the FinanceBuzz numbers are inaccurate.
“As the report itself notes, pricing is set by individual franchisees and varies by restaurant,” the company spokesperson said.
“This is not an accurate representation of historical or current pricing at McDonald’s restaurants, and the 2024 average prices listed are significantly inflated.”
The McDouble sandwich, which in 2014 cost on average $1.19, now costs almost three times that amount — $3.19 — while a medium fries has seen its price point go from $1.59 to $3.79.
The iconic Big Mac, a staple of McDonald’s menus, has seen its average price rise by 50% in the last 10 years — from $3.99 in 2014 to $5.99 today.
The analysis by FinanceBuzz found that McDonald’s was one of 13 restaurants that have raised menu prices in the last decade by 60% on average between 2014 and 2024 — or nearly double the cumulative national rate of inflation of 31% over that period.
While McDonald’s was the worst offender — tripling the rate of inflation, according to FinanceBuzz — Popeyes, Taco Bell, Chipotle and Jimmy John’s raised the prices of their menu items at more than double the actual inflation rate, the study found.