Costco Finally Responded To Rumors About The Hot Dog's Price Going Up
We can all breathe a collective sigh of relief because inflation is still no match for Costco's $1.50 hot dog and soda combo. Following online chatter about the cult classic combo potentially going up in price, the warehouse's new CFO Gary Millerchip recently put the rumors to rest.
“To clear up some recent media speculation, I also want to confirm the $1.50 hot dog price is safe,” said Millerchip during an earnings call on Thursday, CNN reports.
It seems that Costco's co-founder and former CEO Jim Sinegal really meant business when he threatened anyone who suggested raising the price of the food court favorite.
"If you raise the effing hot dog, I will kill you. Figure it out," said Sinegal when the topic of increasing the price was brought up during a 2018 luncheon.
Shockingly, the price of the popular combo, which gets you an all-beef hot dog and a 20-ounce soda of your choice, has remained $1.50 since 1985. That's nearly 40 years! If the price had gone up with inflation over the decades, it would reportedly cost around $4.50 now.
Across social media, Costco fans were celebrating news of the hot dog combo staying the same price. (We're sure Costco fan Julia Child would be proud, too.)
"I guess we do still have some things to be thankful for in life," said one user on X.
"We must keep what is sacred," read another comment.
Anyone else see a celebratory Costco hot dog in their future?
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