4 ms·
I quit eating out in the Bay Area over a year ago (except for socializing) because the prices feel painfully expensive to me while my pay hasn’t increased anywh
by linguae 9mo ago
I quit eating out in the Bay Area over a year ago (except for socializing) because the prices feel painfully expensive to me while my pay hasn’t increased anywhere near the rate of restaurant price hikes. $14 for a burrito that cost roughly half as much a decade ago is painful, while my salary hasn’t doubled (I’m not a FAANG engineer). It’s not just burritos; it’s $10+ fast food combo meals, $15 deli sandwiches, etc. Prices steadily increased before COVID-19, but I didn’t feel priced out of eating out until sometime around 2022-23, when prices seemed to have exploded.
I make six figures but I have resorted to making eating out a rare treat in order for me to maintain my financial goals. This harkens back to my childhood in a low-income family, though I do remember my parents taking advantage of fast food deals in the 1990s and 2000s. I pack lunches and dinners to work, and I regularly cook, sometimes resorting to frozen meals for convenience’s sake. Eating out is reserved for social gatherings and for travel.
What’s interesting is the situation isn’t that much better in Sacramento, my hometown and where I visit family members. While Sacramento has lower housing prices, eating out isn’t substantially cheaper.
On the flipside, I’m in Tokyo now on a trip, where eating out feels cheap. $10 in the Bay Area or even Sacramento doesn’t get a satisfying meal these days (it’s not even enough for a fast food combo meal in many cases), but ¥1,500 (roughly $10) in Tokyo can buy a satisfying meal. Even ¥750 can buy a satisfying meal if one looks harder.
The situation in the Bay Area is demoralizing. I’m still in the Bay because of my career and because of social ties. It’s one thing to be priced out of buying a house, but it’s another thing to feel priced out of eating out. I don’t know if the situation is better in other parts of the United States, though; I’ve heard of people in other states complain about the high price of eating out these days.
- paleotrope 9mo agoIt's not just SF. The $10 lunch of 2015 is now $15. Default tipping of 20% on things that we never tipped on in 2015 (takeout, fast food) is also adding alot to the total cost. I don't know how people are affording the various delivery services and their fees on top of it.
- linguae 9mo agoI see a lot of references to a “K-shaped” economy where there happens to be enough well-off people who are continuing to spend to push prices further upward, even though more people are forced to cut back since they can’t afford higher prices. There’s still enough people ordering $14 burritos and having them delivered in order to sustain both $14 burritos and the delivery companies. It’s the same with the RAM situation. Prices will continue to skyrocket as long as there are enough buyers paying whatever prices the sellers set.
- manfromchina1 9mo agoA random stall by the road in LA will charge you $10 flat and the same one in SF will ask for $20. Neither will have a screen for tips. THAT would make your SF purchases simply stratospheric. I have lived in Jersey City, NJ and New Orleans, LA. Neither one holds a candle to LA prices outside some random roadside vendors. Walmarts in greater LA are vastly more expensive than those in NOLA. But grocery shopping in SF is straight up nightmare where they dont seem to respect Murican money all that much if at all. LA could never.
- JohnFen 9mo ago> Default tipping of 20% on things that we never tipped on in 2015 (takeout, fast food) is also adding alot to the total cost. Start declining those tips. We have to stop putting up with that BS.
- paleotrope 9mo agoSeem quaint to remember Dunkin' donuts franchisees forbidding their employees from putting out plastic cups for tips.
- HardwareLust 9mo agoIt's not just SF, I'm in Philly and the situation is the same for me. Eating out used to be almost a daily ritual, now I'm down to getting a pizza once a month at best.