June 13 2007

Why Are Potato Chips More Expensive Than Filet Mignon?

By Mark Sisson

Potato chips are one of the most popular American snacks and are our favorite “vegetable”. We spend nearly 3 billion a year on these fried starch crisps. The health issues associated with chip consumption are well-known. What you may not realize is that, pound for pound, potato chips often cost more than the choicest cut of premium beef.

Why eat this…

This is Slice’s Flickr Photo (CC)

When you could eat this?

This is Bruce Lee’s Flickr Photo CC

Relatively ridiculous pricing goes beyond chips. We groan about gasoline being expensive, but salad dressings, sauces, sodas and even bottled water cost far more. And how about a gallon of toothpaste? Hundreds. Most processed foods, beverages and household items are relatively inexpensive to manufacture. We’re not paying for ingredients, we’re paying for the marketing of those ingredients.

Another reason to eat food, not food products.

I’m sure we could come up with dozens of “cheap” snack and household products that in truth cost more than seemingly expensive foods. Anyone up for a little arithmetic?

[tags] potato chips, food production, beverages, processed foods, agriculture [/tags]

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5 thoughts on “Why Are Potato Chips More Expensive Than Filet Mignon?”

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  1. Well, maybe in the states, but here in Scandinavia you can get a kilogram of potato chips for about 4 USD while the cheapest minced beef will cost you just below 8 USD

  2. It only costs more because the weight of the steak includes water, whereas the chips are dehydrated, pure potato. I’m sure the potato per pound is cheaper than filet mignon. It’s like how dried beef would cost more per weight than chips.