The price of Costco’s iconic hot dog and soda combo is $1.50 and has been the same price since it was introduced in 1985. While the Bureau of Labor Statistics’ inflation calculator says it’s worth around $4.11 today, Costco has announced that $1.50 will be the combo’s forever price. Costco CFO Richard Galanti said during a presentation on fourth-quarter financial results that they’re not trying to fill in the gaps potentially left by the inexpensive meal. He went on to say that the gas and travel side of the business are doing well enough to help them keep the price of the hot dog meal intact, even with out-of-control inflation. The hot dog and soda meal has been a massive part of the brand’s culture and history. In order to offer the meal at such a low price, the company built their own hot dog manufacturing plant to make their own Kirkland Signature hot dogs. The plant in Los Angeles has done so well that they’ve opened a second plant in Chicago. With 583 locations in the U.S., Costco’s appeal is broad. Galanti also assured consumers that they have no plans to raise membership fees either.
