We’re cooked.
Edit:
General consensus is the movie took place around 1982. $5 then would be almost $20 now, possibly more.
Would you buy it?
$5 in 1994 is $11 in 2026.
I’ve definitely seen a couple places here in Chicago with $11 milkshakes. Jojo’s Shake Bar comes to mind.
Oh for sure, and I’m sure I’d react to that like Vincent did to a $5 shake in 1994.
If your inflation calculation excludes housing, education, and medical care, maybe.
Yup, exactly how the BLS CPI calculator works
That’s cost of living, a separate measurement, and is also a significant factor.
yeah I was gonna say that $5 for me at the grocery store is more like $20 now. One thing I complain about a lot is places that won’t take over a $20 nowadays. Yeah in the 80’s I could understand when you would get change after buying the weeks groceries with one, but since $100 is the largest denomination consumers have access to they should accept anything.
It’s one banana, Michael. How much could it cost? $10?
That was 30 years ago though. That’s like comparing 90s prices with 60s prices.
We can get waaaaaay more cooked.
I’m still waiting for hamburgers to cost $25.
I saw it in the theater at the time and I remember thinking “Why is he making such a big deal over the price?”
Basically what I’m saying is, $5 was not a outrageous price for a milkshake if you lived in a city at the time.
General consensus is the movie took place around 1982. $5 then would be almost $20 now, possibly more.
Would you buy it?
Would you buy it?
If everyone around me was doing it, sure!
spoiler
Just kidding, but this is how the average idiot thinks these days.
Why buy it for 20 when you can doordash it for 40 though?
I always consider the profit margins on whatever I’m buying.
The profit margins are insane for a $5 milkshake. Even if you think you’re not getting ripped off, you are.
The same goes for coffee and soft drinks. You’re paying meat-prices for no meat and the businesses are pocketing the difference.
McDonald’s has the most expensive shakes for fast food where I am, and they’re still just under $5 (unless you get the shamrock shake; that’s $5.15). Everywhere else is around $3.
None of them are even half the size of the milkshake from the film, tho.
What fast food places near you have
more expensivecheaper shakes than McDonald’s? I just did a quick check and McD’s was cheaper than Culver’s and Shake Shack near me.I literally said McDonald’s is the most expensive one. 🤨
My bad, I meant to say cheaper. McDonald’s looks to be the cheapest fast food shake near me in Chicago.
They don’t put any bourbon or anything in them?
Maybe thats why the shamrock shake is more expensive 🤔
No, it’s the ground-up Leprechaun add in.
Hardees/ Carls jr. used to advertise a 1/4 cheeseburger with lettuce and tomato as the “six dollar burger” as a dig at casual dining restaurants.
Today it’s called the “famous star” and is $6.39.
They’ve had the famous star on their menu even before their quarter pound “six dollar burger” options came out in the mid 00s.
Famous stars were more like their signature/original burger (I guess that and the Western Bacon burger) and were priced lower than their premium line of six dollar burgers or even most of their promotional stuff.
That’s how far we’ve fallen lol. The price didn’t just go up 36 cents, their original tier burger either doubled or tripled in price (even outside of a meal offering) depending on where you live and they discontinued the premium Angus beef burger line because nobody can afford it/they continue to enshitify their menu and quality of their ingredients/sourcing.
I was just thinking of this scene the other day after getting my kids the smallest size, non fancy milkshake at a local place, they were each about $6
There’s always been inflation. It was relatively low until CoVID, then it jumped for a short while.
This isn’t inflation, we’ve been in gouging territory for decades now.
Inflation is an increase in the average price of goods and services in terms of money. It doesn’t matter if it’s because of price gouging, or bailouts, or war.
Specifically on milkshakes? If it’s on everything it pretty much looks and acts like inflation anyway.
A $5.00 milkshake in the middle of 1993, when the movie was shot, would cost $11.22 today if it went up at the same rate as the CPI.
