Here's how much California fast food restaurants have raised prices since April 1 [Yahoo! Finance]
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Source: Yahoo! Finance
Wendy's has hiked prices by roughly 8% while Chipotle has raised prices by 7.5%, according to data from Kalinowski Equity Research and cited in The New York Post Taco Bell raised menu prices by 3% and Burger King hiked prices by 2%, the report found. Seattle-based Starbucks increased prices by about 7% in California. Kalinowski Equity Research compared prices at 25 restaurants for each chain, and also did a side-by-side comparison of specific menu items before and after the wage hike. Chipotle raised the price of its Chicken Burrito by 8.3% and a Steak Burrito by 7%, while Burger King increased the price of its Whopper Meal by an average of 1.4%, according to KER. These restaurants are exempt from California's fast food minimum wage law Even though McDonald's executives had warned that it, too, would increase menu prices because of the wage hike, KER found that it has not done so yet. Democrats in the California State Legislature passed Assembly Bill 1228 last year, inc
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