4 ms·
Wow this shatters my assumption that prices were generally the same in my metro. I figured real estate, prevailing wages, etc were main drivers of price but the
by xivzgrev 3y ago
Wow this shatters my assumption that prices were generally the same in my metro. I figured real estate, prevailing wages, etc were main drivers of price but there’s a lot of variability despite that.
I wonder why?
My guess is different franchise owners - I notice some lower cost ones cluster near each other and then another cluster in next city over will be more expensive
- crazygringo 3y agoHonestly I think it's a pretty direct function of rent and volume. Rent varies dramatically between a chic shopping district and a distant strip mall, and similarly a downtown McD's might have 10x the volume of one further out. (While labor varies very little within a commuting area.) Higher rent means higher prices, but higher volume allows lower prices to a certain extent. Which is why downtown locations aren't always the most expensive.