The cost of a Memorial Day cookout is expected to be higher this year compared to last year, with increases in food prices, gas prices, and other condiments. However, chicken prices remain relatively stable.
Key Points
Average cost of a Memorial Day cookout is up 10 percent from last year
Gas prices are up four percent compared to last year
Ground beef and steak prices are up 6 percent and 6.5 percent respectively
Chicken prices remain stable
Prices of 'other condiments' are up 8.7 percent
Beer prices are up three percent
Pros
Awareness of rising prices for Memorial Day cookout items