¡°Okay, that's $122.50.¡±
Is pizza 4inflation-proof? Social media has pointed out that the McAllister family's order of 10 pizzas in 1990 is still 5comparable in price 35 years later.
¡°Honey, the pizza boy needs $122.50 plus tip.¡±
¡°For pizza?¡±
¡°10 pizzas times 12 bucks.¡±
¡°How is a large pizza still $12? How?
Billy Roberts, Senior Food & Beverage Economist Cobank: $10 or $12 per pizza per pie hasn't changed dramatically 6over the course of years, especially if you're using coupons or deals or if you're a member of whichever chain's app. But if you're ordering a specialty pizza, it's not going to be that $12.
CNN Correspondent: Yes, 7artisanal or specialty pizzas are 8in a different ballpark. Even the 9iconic $1 slice of pizza in New York is 10a thing of the past. But many pizza chains have been able to keep their prices somewhat 11steady, while most fast food restaurants have raised their prices. Is pizza inflation-proof?
Billy Roberts: It's not necessarily inflation-proof, but it's inflation 12resistant. Pizza restaurant chains have taken steps to kind of 13mitigate some of the price increases that they faced in terms of ingredient costs, labor costs, back of house equipment costs. A lot of 14the overhead is reduced for pizza restaurants.
CNN Correspondent: Deals can help keep prices low. Prices may 15vary by region and don't include delivery, but right now, at Domino's and Papa John's, you can get a large 16carry-out pizza for around $12. And at Pizza Hut, you can get two large pizzas for around $14 each.
