Current:Home > News$2.59 for burritos? Taco Bell receipt from 2012 has customers longing for bygone era -VisionFunds
$2.59 for burritos? Taco Bell receipt from 2012 has customers longing for bygone era
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-07 18:32:15
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! (76)
Related
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Gwyneth Paltrow Has Shocking Reaction to Iron Man Costar Robert Downey Jr.’s Oscars Win
- Krispy Kreme offers free doughnuts, introduces 4 new flavors in honor of St. Patrick's Day
- North Carolina, Kentucky headline winners and losers from men's basketball weekend
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Oscar Moments: Talk of war and peace, a coronation for Nolan, and Ken-demonium for Gosling
- Oscars 2024 winners list: See who's taking home Academy Award gold in live time
- Tighter proposed South Carolina budget would include raises for teachers and state workers
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Katharine McPhee and David Foster Smash Their Red Carpet Date Night at 2024 Oscars Party
Ranking
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Florida rivals ask courts to stop online sports gambling off tribal lands
- Woman loses feet after police say she was pushed onto subway tracks, struck by train in NYC
- Jimmy Kimmel calls out Greta Gerwig's Oscars snub, skewers 'Madame Web' in opening monologue
- Retirement planning: 3 crucial moves everyone should make before 2025
- Kim Kardashian and Odell Beckham Jr. Leave Oscars After-Party Together Amid Romance Rumors
- The Livestock Industry’s Secret Weapons: Expert Academics
- Ryan Gosling joined by Slash for epic, star-studded 'I'm Just Ken' Oscars performance
Recommendation
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
Sean Ono Lennon wishes mom Yoko Ono a happy Mother's Day at the Oscars
Jessica Alba and Cash Warren's 2024 Oscars Party Date Night Is Sweeter Than Honey
Who has the most Oscars of all time? Academy Awards records that made history
NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
'A stunning turnabout': Voters and lawmakers across US move to reverse criminal justice reform
US probes complaints that automatic emergency braking comes on for no reason in 2 Honda models
Full transcript of Face the Nation, March 10, 2024