"Memorial Day Cookout Costs Surge Amid High Inflation"

1 min read
Source: Fox Business
"Memorial Day Cookout Costs Surge Amid High Inflation"
Photo: Fox Business
TL;DR Summary

High inflation is driving up the cost of Memorial Day barbecues, with prices for staples like ground beef, steak, and beer significantly higher than last year. A typical cookout will cost about $30, a 10% increase from 2023. While inflation has decreased from its peak, it remains well above the Federal Reserve's target, putting financial pressure on U.S. households, especially lower-income families.

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