Inflation Rate for Hot dogs between 1951-2024 (2024)

FAQs

How much was a hot dog in 1975? ›

A side view of Nathan's circa 1975 when the hot dogs were 45 cents each. In Coney Island, Brooklyn, New York City. 1/2022 adjusted for inflation the current cost of a hot dog would be $1.89 not the current cost of around $5.

How much was a hot dog in America in 1965? Roughly, at least. A 1965 Howard Johnson's menu prices a “grilled frankfort” with potato chips, baked beans, ice cream sherbet or gelatin and beverage for $0.80. At a diner, a hot dog and a co*ke would cost $0.50 or less.

As for the food, corn dogs and hot dogs are 30 cents. A hamburger is 40, ham sandwich, roast beef, and cheese sandwiches are 50, a corn beef sandwich is 75 and a ham and cheese is 75.

The price was set at $1.50 at its introduction, and has remained at $1.50 ever since. As of 2024, the hot dog combo would cost approximately $4.40 if the price were adjusted to match inflation since 1984.

Officials said 5 cents was the original price of a hot dog when the first Nathan's Famous opened in 1916.

Wienerschnitzel Returns to 1961 with 15 Cent Hot Dogs.

At the past two Super Bowls, hot dogs ran from $8 to $12, but after a year where every figure involving cost hit all-time highs, the 2024 game day event is more than likely to top those numbers. Bookies.com is projecting Super Bowl LVIII hot dog prices to be somewhere in the realm of $12.75.

The first McDonald's restaurant, opened in 1940, was a barbecue restaurant that sold hot dogs. In 1948, the McDonald brothers switched the concept to become a burger restaurant. In 1961, Ray Kroc bought out the McDonald brothers and began to transform the chain into a global franchise.

Hot dogs at that time were 10 cents and co*kes were a nickel.

Cars: In 1960, the average cost of a new car was approximately $2,600, while today it's above $30,000.

What year was the first hot dog sold? ›

It all started in 1867 on Coney Island, New York, when Charles Feltman, a German immigrant and baker by trade, invented the first hot dog as a convenient way for beachgoers to enjoy frankfurter sausages on a long sliced bun without the hassle of plates or silverware.

On May 28, on a Saturday, we celebrated the anniversary in Coney Island at the original location that opened up 100 years ago, by selling our hot dogs for the original 1916 price of 5 cents.

It is fair to say that it is a loss leader for Costco. Costco does not make very much profit in the food court. It is considered a convenience for both members and non members. Costco is able to afford selling hot dogs for $1.50 because many people continue to pay $60 minimum a year to shop at Costco warehouses.

Ball Park Brand is an American brand of hot dog and hamburger buns and patties made by Tyson Foods, Inc. (NYSE:TSN). In 2022, Ball Park Franks was the leading selling refrigerated frankfurter with 160.7 million dollars in sales.

In the '90s, Costco added pizza to its $1.50 offerings, and named its outdoor stalls Cafe 150. It also added a Polish sausage option.

A couple of dollars is about average for a fast-food spot or hot dog stand, and likely no more than five or six dollars. With inflation rising food prices at supermarkets, and prices continuing to rise at restaurants, a quick and easy hot dog can seem like a really good deal. However, not all dogs are created equal.

Some reports say German immigrants first sold them from push carts in New York City's Bowery in the 1860s. Another story claims Charles Feltman, a German butcher in 1871, served the sausages with milk rolls from his stand on Coney Island.

McDonald's introduced the McHot Dog in 1995 at certain locations. Customers weren't so hot on them, and they were later removed from menus in the U.S. The late McDonald's founder, Ray Kroc, vowed that his restaurants would never sell hot dogs, so maybe they were doomed from the start.