New York City famous $1 pizza slices are going the way of the dinosaurs, thanks to inflation.
The average price for a slice, not only in the Big Apple but across the United States, has lurched upward with the country’s soaring inflation. From 2019, before the pandemic, to today, the average cost of a slice of cheese pizza has gone up by more than 10.5% in New York City and 13% nationally, according to data collected by the pizza ordering platform Slice.
Salvador Khadra is the director of operations for Pizza Boli’s, a Maryland-based franchise company that dishes out pizza, pasta, subs, and wings at its dozens of locations in Virginia, Maryland, New Jersey, Delaware, and Washington, D.C. He said the company had to revise its prices last year in light of the mounting inflation, and certain individual stores, especially those in Washington and its suburbs, had to hike prices even more than what Pizza Boli’s suggested companywide.
“Recently, the price of what is known as the 'dollar slice' increased from a dollar to $1.50, so when you’re talking about a 50% price change, that sort of caught my eye,” he told the Washington Examiner.
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