I make six figures but I have resorted to making eating out a rare treat in order for me to maintain my financial goals. This harkens back to my childhood in a low-income family, though I do remember my parents taking advantage of fast food deals in the 1990s and 2000s. I pack lunches and dinners to work, and I regularly cook, sometimes resorting to frozen meals for convenience’s sake. Eating out is reserved for social gatherings and for travel.
What’s interesting is the situation isn’t that much better in Sacramento, my hometown and where I visit family members. While Sacramento has lower housing prices, eating out isn’t substantially cheaper.
On the flipside, I’m in Tokyo now on a trip, where eating out feels cheap. $10 in the Bay Area or even Sacramento doesn’t get a satisfying meal these days (it’s not even enough for a fast food combo meal in many cases), but ¥1,500 (roughly $10) in Tokyo can buy a satisfying meal. Even ¥750 can buy a satisfying meal if one looks harder.
The situation in the Bay Area is demoralizing. I’m still in the Bay because of my career and because of social ties. It’s one thing to be priced out of buying a house, but it’s another thing to feel priced out of eating out. I don’t know if the situation is better in other parts of the United States, though; I’ve heard of people in other states complain about the high price of eating out these days.