Current:Home > Finance$2.59 for burritos? Taco Bell receipt from 2012 has customers longing for bygone era -Intelligent Capital Compass
$2.59 for burritos? Taco Bell receipt from 2012 has customers longing for bygone era
View
Date:2025-04-16 14:01:09
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! (74)
Related
- Daughter of Utah death row inmate navigates complicated dance of grief and healing before execution
- Star witness in Holly Bobo murder trial gets 19 years in federal prison in unrelated case
- Bridgerton Costars Bessie Carter and Sam Phillips Confirm Romance With PDA-Filled Outing
- You’ll Be Enchanted by Travis Kelce’s Budding Bromance With Taylor Swift’s Backup Dancer
- Giants, Lions fined $200K for fights in training camp joint practices
- Bear euthanized after injuring worker at park concession stand in Tennessee
- A Tennessee man threatened to shoot co-workers but his gun malfunctioned, police say
- Massachusetts Senate debates bill to expand adoption of renewable energy
- Olympic women's basketball bracket: Schedule, results, Team USA's path to gold
- Louisville police chief resigns after mishandling sexual harassment claims
Ranking
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Lily Gladstone, Da’Vine Joy Randolph, 485 others invited to join film academy
- Enough signatures collected to force recall election for Wisconsin GOP leader, commission says
- Louisiana’s health secretary taking on new role of state surgeon general
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Man who allegedly flew to Florida to attack gamer with hammer after online dispute charged with attempted murder
- Billy Ray Cyrus Accuses Ex Firerose of Physical, Emotional and Verbal Abuse Amid Divorce
- Stock market today: World shares advance after Nvidia’s rebound offsets weakness on Wall St
Recommendation
The Daily Money: Disney+ wants your dollars
Two courts just blocked parts of Biden's SAVE student loan repayment plan. Here's what to know.
Love Blue Bell ice cream? You can vote for your favorite discontinued flavor to return
US journalist’s closed trial for espionage set to begin in Russia, with a conviction all but certain
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
African nations want their stolen history back, and experts say it's time to speed up the process
2024 Euros: 'Own goals' lead scorers in group stage
Burning off toxins wasn't needed after East Palestine train derailment, NTSB says