While you can still get a slice of pizza for under $2, the cost of several Costco food court items is reportedly going up.
Insider reported Costco increased the cost of its chicken bake from $2.99 to $3.99. The price for a 20-ounce fountain drink increased by a dime to 69 cents.
It’s a small sign of how much inflation has impacted the overall cost of food. According to the Bureau of Labor Statistics, the food cost nationwide went up nearly 10% in the 12-month period ending in May.
While there have been periods of high inflation in recent decades, the Costco food court has resisted price hikes.According to NPR,the price of a Costco hot dog and soft drink has remained $1.50 since 1985. Had the price kept up with inflation, the hot dog and fountain drink would now cost $4.16.
NPR reported that Costco founder Jim Sinegal once told the CEO, "If you raise the [price of the] effing hot dog, I will kill you."