ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

New McDonald's Chicken Nuggets Deal Fails to Impress Customers who Blame Wage Hikes for Prices

The meal bundle which includes two large fries and 40 chicken McNuggets costs close to $25.39 and with sales tax, the total is around $27.
PUBLISHED APR 28, 2024
Cover Image Source: Facebook/McDonald's India
Cover Image Source: Facebook/McDonald's India

At a time when food prices are rising, people are looking for more deals on meals when they are out eating at a restaurant or fast food chain. Among them McDonald's has just dropped the new deal on Chicken McNuggests, after it failed to make the customers happy. According to TikTok user @Shannon_Motipaya, the brand new 40-piece Chicken McNugget meal bundle includes two large orders of fries. But the meal bundle which includes two large fries and 40 chicken McNuggets costs close to $25.39 and with sales tax, the total is around $27.

Corey Dunkin enjoys some McNuggets at McDonald's | Getty Images | Photo by James D. Morgan
Corey Dunkin enjoys some McNuggets at McDonald's | Getty Images | Photo by James D. Morgan

"OK, so it’s $25.39f or 40-piece nuggets and two large fries," she said in the TikTok video."You couldn’t even throw in the Sprite? You couldn’t even throw in, like, a medium Sprite in there? Holy crap!" 

As per a recent study by FinanceBuzz McDonald's prices have increased by more than 100% this year. In 2014, the average price of a 10-piece Chicken McNugget meal, which included 10 Chicken McNuggets, a medium order of fries, and a medium fountain drink was $5.99. That price has grown and become somewhere around $11 today. However, the company said that this report does not accurately represent its restaurant prices and said the listed 2024 average prices are significantly inflated. 

Shannon's video now has more than 2 million viewers and upwards of 5,000 comments, and many people took to the comment section to talk about the exorbitant prices. "Remember when 40 pieces of nuggets were $5 and a large drink was $1," a user named miss.007 wrote. Another user CentralXXX wrote, "And it's only going to get worse. Welcome to California!"

The Golden Arches logo of the fast food restaurant McDonald's is illuminated above the door, on November 18, 2023 in Bristol, England. Founded in 1940, American multinational fast food chain McDonald's Corporation, best known for its Big Mac hamburgers, cheeseburgers and french fries, is the world's largest fast food restaurant chain.|Getty Images| Photo by Matt Cardy
McDonald's | Getty Images| Photo by Matt Cardy

Many users in the comment section seemed to blame California's wage increase for the price hikes. However, one user writes, "To the people blaming it on California...I'm in Utah, the state minimum is still $7.25, and this meal costs $25.56 here." Back in November, the CEO of McDonald's, Chris Kempczinski said that the company was planning to increase prices in the wake of the wage increase. They also planned to cut restaurant costs and improve productivity.

"There will certainly be a hit in the short-term to franchisee cash flow in California," Kempczinski said. "Tough to know exactly what that hit will be because of some of the mitigation efforts. But there will be a hit."


@shannon_montipaya … maybe even a small that two people can share? This is McFlation #mcdonalds ♬ original sound - ✨ Shannon ✨

 

The fast food chain has been the subject of many viral videos where social media users have complained about the high cost of eating there. But it's not just McDonald's that is currently raising prices. Back in November, Chipotle also raised prices by a "mid-to-high single-digit" in California. Chipotle CEO Brian Niccol said, "The [Chipotle] brand is very strong and the value proposition is very strong, and we have that pricing power to use," Niccol told investors during the call. As per price data tool Pricelisto, fast food menu prices have jumped about 13% in 2022.

For more such content follow @Shannon_Motipaya on TikTok.

MORE ON MARKET REALIST
This was a rare occasion in the history of the game show that a car wasn't the most valuable prize.
13 hours ago
No such rule has ever been confirmed by the show but fans have their doubts.
16 hours ago
The pawn shop owner seemed to have gotten a good deal for the set on the day.
17 hours ago
An insider claimed that these changes were meant to jazz up the newest season of the show.
1 day ago
The pawn shop owner wanted to fix the car with his son, but failed to do one of the first things needed.
1 day ago
The contestant's wife also stated what she wanted when it was her turn to answer.
1 day ago
The funniest part of it all was that the shocked contestants were actually from New Jersey.
2 days ago
The entrepreneurs got him in to invest two of his buisnesses rather than one.
2 days ago
Jonathan Hugendubler pulled off a generational upset on the show to beat Scott Riccardi.
2 days ago
Steve Harvey saw an opportunity to turn it into a hilarious segment, and he was more than successful.
3 days ago
Mr. Wonderful seemed to have been highly impressed by the company and wanted a piece of it.
3 days ago
Her mother was a massive fan of the show and had passed away around the time her episode was taped.
3 days ago
The expert was also in awe of the one-of-a-kind item that was part of the set of medals.
3 days ago
Steve Harvey can be a ruthless game show host if the time calls for it.
4 days ago
The guest at one point might have even believed that his bill was worth a five-figure sum.
4 days ago
They had a tense moment in the end with a couple of the sharks but things worked out in the end.
4 days ago
The guest had hoped to get $40,000 and the guys from the pawn shop eliminated two zeroes.
4 days ago
The host could not believe it was one of the answers and could not help himself.
5 days ago
The necklace belonged to an American woman who made a name for herself in British politics.
5 days ago
The young entrepreneur had come up with an innovative idea for skateboards to be easier to carry.
5 days ago