Americans face record prices over Memorial Day weekend
Chicken is up 16.4%
The Facts Inside Our Reporter’s Notebook
Americans are preparing to face the most expensive Memorial Day weekend gas prices on record, as the cost of food is increasing as well.
The average price of a gallon of gas on Thursday hit another record high of $4.60 in the United States, according to AAA. That is up more than $1.50 from a year ago, when the average price was $3.035.
Gas prices have either risen or remained the same every day since April 24, AAA observed.
Memorial Day cookouts will also be more expensive this year for Americans facing inflation.
America's economic situation looks different from just last year when during the Fourth of July, the White House tweeted "the Biden economic plan is working" with prices down at cookouts.
Hot dog buns will cost 8.6% more than last year due to the increase in the price of white bread, according to the April Consumer Price Index.
Beef for burgers is up 14.8%, and to make a cheeseburger, dairy is up 9.1%. Chicken is up 16.4%.
Even having a beer at home, Americans will pay 5% more this year than the last.
Propane for grills will cost 26.5% more than last year.
Food items overall cost over 10% more from this time in 2022.
However, the high costs are not expected to deter those looking for a weekend getaway.
Nearly 40 million Americans plan to travel this Memorial Day weekend, the Associated Press reported.
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