$115? Steak In NYC Doubles In 1 Year!

Hey, big spender.

New Yorkers who love to dine out are reeling from the latest affront — huge price hikes for standard dishes with no “luxury” ingredients such as foie gras or truffles in sight.

Roast chicken for $40. Halibut for $50. Pasta dishes starting at a whopping $42. Rampant inflation has landed with a splat on Big Apple restaurant menus, and it’s taking a big bite out of customers’ wallets.

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The cost of eating in a “midmarket” Manhattan restaurant has soared. Remember when appetizers typically cost $15-$25, with entrees in the $20 and $30 range? Based on my own experiences and owners’ estimates, New Yorkers going out for a meal should be prepared to pay 20% more across the board.

That’s a lot more than the 8.6% leap in consumer goods prices as reported by the US Bureau of Labor Statistics, resulting in a bill that can shock even fortunate expense account eaters.



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