Current:Home > Contact$2.59 for burritos? Taco Bell receipt from 2012 has customers longing for bygone era -MarketPoint
$2.59 for burritos? Taco Bell receipt from 2012 has customers longing for bygone era
View
Date:2025-04-19 04:00:37
Prices at Taco Bell have significantly climbed in the last decade, and one TikTok user has the receipts to prove it.
TikTok user LovelyOcean dug up an old receipt from the chain dating back to 2012 showing the remarkably cheap total of her order. The video she posted last week sharing the revelation quickly went viral, sparking a social media clamor about inflation and rising food costs at not only Taco Bell, but throughout the fast-food industry.
"Where did we go wrong," LovelyOcean asks rhetorically as she holds the crumpled, faded receipt.
Costco mirror goes viral:Costco sells $150 dupe of luxury Anthropologie mirror, shoppers weigh in on social media
TikTok user spent $2.59 on 2 beefy five-layer burritos
The aspiring rapper said in a follow-up video that she came across an old keep-sake box that had the 12-year-old receipt in it while she was preparing to move.
When she looked at the receipt closely, she was shocked to see that she once paid just $2.59 for two beefy five-layer burritos.
The original video, which has been viewed more than 650,000 times, was favorited by 157,000 other users and has more than 1,800 comments.
"Can you even get anything from Taco Bell anymore for $2.59, like one item?" LovelyOcean asks in the video.
A glance at Taco Bell's online menu prices shows her hunch doesn't appear to be far off.
In 2024, just one of those burritos now costs approximately $3.69, though prices differ depending on state. A bean burrito, a chicken enchilada burrito and a cheesy bean and rice burrito are the only burritos that cost less than $2.59 according to Taco Bell's online menu.
Hundreds of other TikTok users took to the comments section to share similar sentiments of beefed-up menu prices at the popular fast-food chain while expressing nostalgia for a bygone era of Taco Bell affordability.
"I remember when you felt kind of greedy if you spent more than $10 there, because that meant that you must have an insane amount of Taco Bell," user katyasaxewound commented.
"Thank you bc my brain still thinks of Taco Bell as super cheap until I get there and it’s like 20-30 for me and my sister," another user, rutheregoditsmefridays, commented.
Inflation contributes to price hikes, but Taco Bell notes increase in sales despite grumblings
Taco Bell did not immediately respond Monday morning to USA TODAY's request for comment.
But the chain's rising food costs can at least be partially attributed to rising inflation that contributed to soaring food costs across the country.
Though the price of food has spiked considerably amid the COVID-induced recession, data shows food costs have steadily been on the rise in the last decade or more.
- In January 2012, the buying power of $1 has the same buying power as $1.35 does as of December 2023, according to the Bureau of Labor Statistics' inflation calculator.
- At the same time, retail food prices have generally increased by an average of 2% per year from 2013 to 2022, according to the U.S. Government Accountability Office.
- However, inflation has been steadily leveling out, climbing 3.4% in December after the COVID-era recession sent inflation spiking to a 40-year high of 9.1% in June 2022.
Earlier this month, Taco Bell put out a new cravings value menu that includes 10 items for $3 or less. The value menu features options for meat eaters and vegetarians alike, including the Cheesy Bean & Rice Burrito for $1.49 and the new $1.99 Double Stacked Taco.
And despite the online grumblings over its prices, Taco Bell's bottom line doesn't appear to have taken a hit quite yet.
The chain, one of Yum Brand's two most profitable divisions, saw a 2-3% growth in sales in the third quarter of 2023, Yum Brands CEO David Gibbs said in a Nov. 1 investors call.
Contributing: Julia Gomez
Eric Lagatta covers breaking and trending news for USA TODAY. Reach him at [email protected]
veryGood! (74753)
Related
- Trump issues order to ban transgender troops from serving openly in the military
- A woman is arrested in vandalism at museum officials’ homes during pro-Palestinian protests
- Tesla was in full self-driving mode when it fatally hit Seattle-area motorcyclist: Police
- Biden’s new Title IX rules are all set to take effect. But not in these states.
- Tom Holland's New Venture Revealed
- Massachusetts lawmaker pass -- and pass on -- flurry of bills in final hours of formal session
- Save 50% on Miranda Kerr's Kora Organics, 70% on Banana Republic, 50% on Le Creuset & Today's Top Deals
- 2024 Olympics: Snoop Dogg Is Team USA’s Biggest Fan With His Medal-Worthy Commentary
- What to watch: O Jolie night
- Venu Sports may be available for $42.99 per month with its planned launch targeted for fall
Ranking
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Obama and Bush join effort to mark America’s 250th anniversary in a time of political polarization
- Olympian Katie Ledecky Has Become a Swimming Legend—But Don’t Tell Her That
- Prize money for track & field Olympic gold medalists is 'right thing to do'
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Jake Paul rips Olympic boxing match sparking controversy over gender eligiblity criteria
- Bruce Willis and Wife Emma Heming's Daughters Look So Grown Up in New Video
- The number of Americans filing for jobless claims hits highest level in a year
Recommendation
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
The number of Americans filing for jobless claims hits highest level in a year
Colorado wildfires continue to rage as fire-battling resources thin
The Daily Money: Rate cuts coming soon?
How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
CrowdStrike sued by shareholders over huge software outage
2 New York City police officers shot while responding to robbery, both expected to survive
How high can Simone Biles jump? The answer may surprise you