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  2. Cost of living facts and statistics 2024 - AOL

    www.aol.com/finance/cost-living-facts-statistics...

    Cost of living statistics 2024. ... The 3.2% COLA increase rounds out to about $59 extra per month in ... The ranking is based on a price index that is calculated using the cost of food, housing ...

  3. Inflation: Cost of eating out continues to rise, a potential ...

    www.aol.com/finance/inflation-cost-eating...

    The cost of dining out in January was up 5.1% year over year and up 0.5% compared to the previous month, ... will be required to raise their minimum wage for restaurant employees to $20 per hour. ...

  4. Even with food prices flattening out, the cost of dining out ...

    www.aol.com/even-food-prices-flattening-cost...

    Ham slumped 5.4% and cheese dropped 3.4% (bread rose 1%, so your sandwich isn’t a total bargain). Coffee dropped 2.5% and milk fell 2.1%. Rice decreased 2%, and fish and seafood together dropped 1%.

  5. Food prices - Wikipedia

    en.wikipedia.org/wiki/Food_prices

    The Food and Agriculture Organization (FAO) Food Price Index 1961–2021 in nominal and real terms. The Real Price Index is the Nominal Price Index deflated by the World Bank Manufactures Unit Value Index (MUV). Years 2014–2016 is 100. Food prices refer to the average price level for food across countries, regions and on a global scale. [1]

  6. Impact of the COVID-19 pandemic on the restaurant industry in ...

    en.wikipedia.org/wiki/Impact_of_the_COVID-19...

    A restaurant that is to-go only due to laws created to stop the spread of the coronavirus. In March 2020, restaurants' daily traffic dropped precipitously as the virus spread, compared to the same period in 2019. [25] According to NPR's Yuki Noguchi, "Just about every restaurant nationwide has been hit hard at once, making this disaster unique."

  7. Menu cost - Wikipedia

    en.wikipedia.org/wiki/Menu_cost

    Results of the study showed that the menu cost was on average $105,887 per year, per store. This figure comprised 0.7% of revenue, 32.5% of net margins and $0.52/price change. Subsequently in order for updating prices to be beneficial the profitability of an item needed to decrease by more than 32.5%.

  8. Cost of living 2024: How to calculate and compare - AOL

    www.aol.com/finance/cost-living-2024-calculate...

    According to the U.S. Bureau of Labor Statistics (BLS), consumer prices rose 3.2 percent from February 2023 to February 2024, with the cost of food specifically increasing 2.2 percent.

  9. Labor cost is the elephant in the room for restaurant chains ...

    www.aol.com/finance/labor-cost-elephant-room...

    Beginning April 1, 2024, food chains that have at least 60 locations nationwide will be required to raise their minimum wage for restaurant employees to $20 per hour.

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