Live data from Hacker News

The $14 Burrito: Why San Francisco Inflation Feels Higher Than 2.5%

foglinesf.com

61–70 of 104 posts

Re: The $14 Burrito: Why San Francisco Inflation Feels Higher Than 2.5%

#61

Earlier quoted context omitted.

Inflation is a good thing?

Paying people a livable wage is a good thing.

For most poor people, raising the minimum wage doesn't mean increasing their income, but rather reducing it to zero. It literally prohibits workers from working for low wages, effectively putting them out of job.

Re: The $14 Burrito: Why San Francisco Inflation Feels Higher Than 2.5%

#62
post #35

This tracks with.... basically everything except the official numbers. I routinely see people who record their grocery prices finding increases that start in the 40% range. Certainly true for soda and snacks in my experience. There's a new second-order concern where I'm now alarmed by low prices. For example: I have no idea what johnsonville did to keep their brats at $4.99 over the past 5 years while the more local…

It’s not complicated. We also imported a lot of really cheap, high quality food from China. And now we don’t. Even if you personally were not buying Chinese tomatoes rebadged as Mexican in Grocery Outlet, the fact that they were one tenth the cost lowered prices on the produce you’ve been buying from Costco and Whole Foods. Indeed, the giant corporations have been litigating the tariffs issue as the single greatest cause. I think people just don’t comprehend that everything was imported, not just clothes and technology.

Re: The $14 Burrito: Why San Francisco Inflation Feels Higher Than 2.5%

#63
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.

Re: The $14 Burrito: Why San Francisco Inflation Feels Higher Than 2.5%

#64
post #45

The other thing i've noticed about burritos is that more places take card or apple pay now. When I moved to sf in 2015 many of them were cash only, same with bars. I always assumed some amount of cash was being shuffled under the table.

And when you take cards or things like tap to pay, you pay higher rates as a biz which gets factored into overall prices. But...good luck being cash only in a lot of places.

I still carry cash because services like massage and housecleaning and some restaurants are happy to give good price breaks for cash payment, but I also love Apple Pay as a consumer.

Re: The $14 Burrito: Why San Francisco Inflation Feels Higher Than 2.5%

#65

The article claims "a burrito that cost $5.50 in 2014 is now $13.95" but I just checked one of the better SF Mission taquerias that has a web site with prices (Papalote) and used the Way-Back Machine and a carne asada burrito was $9.10 in Jan 2014 and is now $13.75. That's only 1.5X not 2.5X increase. According to the BLS CPI calculator, that $9.10 in 2014 has $12.61 of buying power as of a couple months ago, or $13.…

There are multiple cheaper Taquerias within walking distance of Taqueria Cancun as well. The issue is non-natives have heard of Taqueria Cancun so their clientele is overwhelmingly transplants.

Re: The $14 Burrito: Why San Francisco Inflation Feels Higher Than 2.5%

#66

Mmm 14$ sounds nice! In Seattle a burrito is hard to find for under 17$ IMO. For example, a local and delicious place in a nearby liquor store has 18$ burritos: https://eltacolocoballard.com/seattle-ballard-el-taco-loco-f... Or a longtime establishment of the area offers 15$ ones - https://www.gorditosmexicanfood.com/menu#menu=burritos Granted these are massive compared to basically anywhere else.

Seattle is truly the worst of all worlds on food. Base price, delivery price, hours, quality, variety, we are omnidirectionally chopped. I'm in Portland often, SF sometimes, LA rarely, and in all of them you can get better variety for less money later at night.

Re: The $14 Burrito: Why San Francisco Inflation Feels Higher Than 2.5%

#67
post #61

Earlier quoted context omitted.

Paying people a livable wage is a good thing.

For most poor people, raising the minimum wage doesn't mean increasing their income, but rather reducing it to zero. It literally prohibits workers from working for low wages, effectively putting them out of job.

Just because you like to be trodden on doesn’t mean everyone does.

Re: The $14 Burrito: Why San Francisco Inflation Feels Higher Than 2.5%

#69
post #17

> A burrito that cost $5.50 in 2014 is now $13.95. They haven't been that cheap since the 90s. 10 years ago, they were around $10.

Read TFA. They got the price from the menu they were comparing to in 2014.

Ah, thanks! Looking through the Yelp pics, the price rose to $8 in 2016 and $9.50 by 2019. I expect Mission growth and rent increases have been a big factor.

Re: The $14 Burrito: Why San Francisco Inflation Feels Higher Than 2.5%

#70
post #17

> A burrito that cost $5.50 in 2014 is now $13.95. They haven't been that cheap since the 90s. 10 years ago, they were around $10.

> They haven't been that cheap since the 90s. 10 years ago, they were around $10. You do realise that the article has actual photos of the menus from different years, right? What's your hypothesis here? They photoshopped the images?

No hypothesis, I didn't read far enough.
Post reply on HN