Cost Of Meal Calculator

Restaurant Meal Cost Calculator

Enter New Average Hourly Wage:

Enter Current Meal Price:

Enter National Average Hourly Wage of Restaurant Worker:

Real Life Perspective

New Meal Price: $ 0.00

Change in Meal Price With New Hourly Wage: $ 0.00

Enter How Many Meals You Eat Per Day:

Enter The Number of People Eating Meals:

Total Meals Per Day: 0

Total Amount Spent on Meals Per Day At The New Cost Per Meal: $ 0.00

Total Meals Per Month: 0

Total Amount Spent on Meals Per Month At The New Cost Per Meal: $ 0.00

Additional Monthly Food Cost With Wage Change: $ 0.00

Difference Between New and Current Average Wage: $ 0.00

Percentage Change in Wages: 0.00%

Cost Calculations

Restaurant’s Cost Per Meal at Industry Standard 4% Profit Margin: $ 0.00

Weighted Impact Assumptions

• Labor Cost Impact: 0.30
• Food Cost Impact: 0.30
• Overhead Cost Impact: 0.40
• Other Costs Impact: 0.45

Weighted Impact of Wage Change on Meal Cost: 0.00%

Restaurant’s Cost Difference in Dollars: $ 0.00

New Cost to Restaurant: $ 0.00

New Consumer Meal Price at Industry Average 4% Profit Margin: $ 0.00

Restaurant’s Profit On New Consumer Meal Price Per Meal: $ 0.00