Boston BPI$16.33 -7.1%Boston Low$5.49Boston High$23.00Austin BPI$14.61 -11.0%Austin Low$5.69Austin High$22.00Boston BPI$16.33 -7.1%Boston Low$5.49Boston High$23.00Austin BPI$14.61 -11.0%Austin Low$5.69Austin High$22.00Boston BPI$16.33 -7.1%Boston Low$5.49Boston High$23.00Austin BPI$14.61 -11.0%Austin Low$5.69Austin High$22.00
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National Burger Price Index

$15.75 2.2%

Avg across 10 cities · Jul 6, 2026

29-Week Trend

Weekly Showdown

Boston vs Austin

Higher BPI

Boston

MA
Jul 6, 202612 restaurants
$16.33
-7.1%
Price Range
Cheapest
$5.49
Priciest
$23.00
🏆Burger of the Week

The American Dream

Boston Burger Company

$17.00

This burger is a true contender for 'Burger of the Week,' offering a substantial and decadent experience that justifies its premium price point. The blend of high-quality ingredients and thoughtful construction provides excellent value for a discerning palate seeking a memorable indulgence. It represents a significant market opportunity for those willing to invest in a superior burger experience.

VS

Austin

TX
Jul 6, 202613 restaurants
$14.61
-11.0%
Price Range
Cheapest
$5.69
🏆Burger of the Week

The Amarillo Burger

Casino El Camino

$17.00

While not the most budget-friendly option, The Amarillo Burger at Casino El Camino represents a significant value proposition for a truly elevated burger experience. Its substantial size, high-quality ingredients, and renowned status in Austin's competitive burger scene justify the premium price point, making it a standout choice for those seeking an unforgettable indulgence.

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National BPI Rankings

10 cities tracked · Updated weekly

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BPI Candlestick

29-week OHLC · body = BPI movement · wicks = price spread

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Market Report

Week of July 6, 2026

Breaking

Burger Index Sees Volatility: Beef Futures Dip, Chicago Soars!

The Burger Price Index (BPI) experienced significant cross-currents this week, reflecting a complex interplay of supply chain dynamics and regional consumer demand. National average BPI dipped slightly to $15.75, yet this masks considerable intra-market divergence. Chicago, IL, saw a startling 19.1% surge to $17.16, driven by what analysts are calling a 'deep-dish demand shock' potentially linked to a surge in local amateur competitive eating events. Conversely, San Francisco, CA, experienced a sharp 19.1% decline, bringing its BPI down to $13.82, a move some attribute to a sudden surplus of artisanal avocado-based condiments impacting overall patty valuation. New York, NY, continues to hold the title of most expensive market at $20.96, a testament to its high operational costs and an insatiable appetite for premium ground chuck. The cheapest market remains New Orleans, LA, at $13.19, a stable anchor in this turbulent sea of beef.

We observed notable downward pressure in traditionally high-cost coastal markets, with Austin, TX (-11.0%) and Los Angeles, CA (-13.6%) both shedding significant value. This suggests a potential recalibration of consumer expectations or perhaps a strategic undercutting by a major patty purveyor looking to capture market share. The mid-west and east coast, however, showed resilience or outright strength. Nashville, TN, climbed 11.4% to $17.45, indicating robust demand unphased by broader economic headwinds. This week's data underscores the BPI's sensitivity to localized events and the persistent premium placed on 'destination burger' experiences, especially in dense urban centers.

Key Market Drivers

Live Cattle Futures

A decline in live cattle futures put downward pressure on the cost of raw materials for many burger establishments, particularly impacting markets with high volume beef consumption.

Regional Culinary Events

Localized food festivals and competitive eating events in cities like Chicago appear to be artificially inflating demand and prices, skewing the BPI upwards in affected regions.

Avocado & Condiment Supply Chain

Reports of an oversupply of certain premium toppings, particularly avocados in California, may be leading to 'package deal' pricing adjustments, pushing down the perceived value of the overall burger in those markets.

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Industry Wire

Stories impacting burger prices this week

Market|Neutral for prices|Bloomberg News

Shake Shack Earnings Beat Expectations, But Expansion Costs Bite

Shake Shack (SHAK) reported stronger-than-anticipated Q1 earnings, driven by same-store sales growth and successful new menu item introductions. However, the company's ambitious global expansion plans and rising ingredient costs are creating a mixed outlook for future profitability and could exert a neutral to slightly bullish pressure on its premium burger price point.

Supply Chain|Bullish for prices|USDA Livestock and Meat Outlook

USDA Forecasts Tighter Beef Supply, Burger Prices Face Upward Pressure

The U.S. Department of Agriculture projects a 3% decrease in cattle on feed for the second half of 2026, citing drought conditions impacting pastureland and feed costs. This tightening supply, coupled with robust demand, is expected to drive up Choice beef cutout prices, signaling potential increases for the Burger Price Index.

Consumer|Bullish for prices|National Restaurant Association

Summer Grill Season Ignites Demand for Premium Burgers, BPI Shows Seasonal Jump

The traditional summer grilling season has spurred a noticeable uptick in consumer appetite for high-quality burgers, according to the latest BPI data. Cities like Nashville and Boston, with strong outdoor dining cultures, are seeing BPI figures climb as families and tourists prioritize backyard BBQs and restaurant patio dining, suggesting seasonal demand is a key driver.

Wild Card|Bullish for prices|Social Media Trend Analysis

Burger Chains Scramble as 'Bacon Shortage' Sparks Social Media Frenzy

A viral TikTok trend exaggerating a minor disruption in pork belly futures has led to a consumer panic around bacon availability, causing some burger joints to temporarily hoard the popular topping. While official supply chain reports show minimal impact, the social media buzz is creating artificial scarcity, prompting a few operators to preemptively raise prices on bacon cheeseburgers.

Regulation|Bullish for prices|Morgan Stanley Research

California Minimum Wage Hike Casts Shadow Over LA, SF Burger Margins

As California's fast-food minimum wage climbs to $20 per hour on July 1st, burger chains with significant footprints in Los Angeles and San Francisco face intensified labor cost pressures. Industry analysts at Morgan Stanley suggest some operators may be forced to pass these costs onto consumers, potentially impacting the already high BPI in these major metros.

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The Spread

Top 3 cheapest vs. most expensive burgers this week

Best Value
1

In-N-Out Burger

Los Angeles, CA

$4.75
2

McDonald's

Boston, MA

$5.49
3

McDonald's

Austin, TX

$5.69
Premium Cut
1

Minetta Tavern

New York, NY

$38.00
2

Girl & The Goat

Chicago, IL

$26.00
3

Husk Nashville

Nashville, TN

$24.00
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Burger Purchasing Power

How many burgers can minimum wage buy per hour?

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