#restaurant-prices

#restaurant-prices

Everyone can agree that it's worth changing dinner plans to save money - especially if your options are both chain restaurants, like Outback Steakhouse and Texas Roadhouse. One may transport you to the Australian bush and the other to the wild, wild west, but at the end of the day, the options are fairly similar. The biggest difference between the two boils down to price, and we all know that for a hearty meal like prime rib, a few dollars can make all the difference.

With high-end beef offerings being overshadowed lately by cheap and cheerful cuts, it's important to remember that you get what you pay for, writes our critic Chateaubriand, cote de boeuf, filet mignon, New York strip, porterhouse, ribeye, T-bone, tomahawk - these are all hallowed words but ones that are fast disappearing from restaurant menus this autumn, except of course at dedicated high-end steak houses serving equally high-end cuts where, believe me, you pay accordingly.

If you think your burger, burrito, or cold brew already costs too much, brace yourself - restaurant groups say they would have to raise prices by 30% just to stay profitable amid rising costs. In a new survey from the restaurant management software company Toast, nearly half of restaurant operators said they plan to increase menu prices if inflation, tariffs, and labor costs continue to climb.