Credit Suisse analyzed the cost of feeding a family of four across its coverage universe and found that pizza chains offer the most affordable options, averaging $15 to $16. Credit Suisse says restaurant prices are at a 40-year high as inflation soars.
Credit Suisse analyzed the cost of feeding a family of four across its coverage universe and found that pizza chains offer the most affordable options, averaging $15 to $16.Credit Suisse conducted its research at a point where it says restaurant menu prices are reaching 40-year highs, coinciding with a high point for inflation rates.
To be sure, analysts say eating at home will always be less expensive than dining at a restaurant or ordering takeout. Credit Suisse estimates the cost for a meal for four prepared at home to cost between $10 and $30 while a restaurant will cost $24 to $60. Steakhouses were usually the most expensive among the restaurants Credit Suisse examined, but Texas Roadhouse Inc. TXRH, -1.70% usually came in as the least expensive in that category.
Analysts are starting to reassess the rest of 2022 and anticipate that lower-income shoppers will begin tightening their belts, with many trading down at the grocery store to value and private label brands.
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