Fourth of July parties will cost almost $100 to host this year as consumers seek value
How much does it cost to grill a hamburger at home versus dining out?
Grilling a hamburger at home costs around $2.15 per burger, while dining out at a restaurant costs approximately $6.95 per burger. This means that hosting a barbecue party for 10 people can save nearly $50 by grilling hamburgers at home instead of dining out.
How much are Americans expected to spend on July Fourth food?
Americans are expected to spend a whopping $9.4 billion on food alone for the Fourth of July celebrations. This is according to the National Retail Federation, which also notes that the average person celebrating the holiday is projected to spend about $90.42 on food items.
What is the percentage increase in ground beef prices this year?
Ground beef prices have increased by 4.9% this year compared to last year. This increase is due to various factors, including higher demand and ongoing supply chain issues. Despite the price increase, consumers are still expected to spend on barbecues and Fourth of July celebrations.