In May 2019 (latest available prices), the ingredients for a home-prepared quarter-pound cheeseburger totaled $1.75 per burger, with ground beef making up the largest cost at $0.96 and cheddar cheese accounting for $0.33. This same cheeseburger would have cost $1.67 to prepare in May 2018, an increase of 4.8 percent. Retail prices for 1-pound quantities of all of the ingredients, with the exception of bread, were higher in May 2019 compared with May 2018. Higher ground beef prices accounted for half of the 8-cent increase between 2018 and 2019, and cheddar cheese costs were 1 cent more per burger in May 2019. Iceberg lettuce and tomato prices rose the most—14.5 and 8.8 percent, respectively—but the small amount of these toppings added just 3 cents to per-burger costs. — Economic Research Service
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