yeah I was gonna say that $5 for me at the grocery store is more like $20 now. One thing I complain about a lot is places that won’t take over a $20 nowadays. Yeah in the 80’s I could understand when you would get change after buying the weeks groceries with one, but since $100 is the largest denomination consumers have access to they should accept anything.
$5 in 1994 is $11 in 2026.
I’ve definitely seen a couple places here in Chicago with $11 milkshakes. Jojo’s Shake Bar comes to mind.
Oh for sure, and I’m sure I’d react to that like Vincent did to a $5 shake in 1994.
If your inflation calculation excludes housing, education, and medical care, maybe.
Yup, exactly how the BLS CPI calculator works
That’s cost of living, a separate measurement, and is also a significant factor.
yeah I was gonna say that $5 for me at the grocery store is more like $20 now. One thing I complain about a lot is places that won’t take over a $20 nowadays. Yeah in the 80’s I could understand when you would get change after buying the weeks groceries with one, but since $100 is the largest denomination consumers have access to they should accept anything.
My local restaurants serve milkshakes for $8 so, not as bad