Over the past few years, inflation has affected everything in American consumerism, from grocery store prices to restaurant closings to wages.
Now, a new study is showing that inflation has also affected prices in Happiest place on Earth.
New data from Finance Buzz shows that prices for concessions at Walt Disney World in Orlando, Florida, have increased an average of 61% over the past 10 years — more than the average increase in a single park ticket, which has increased 56% over the past decade.
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Some notable fan favorites have increased in price by a large amount, such as the Dole Whip, which is up 58%, and the iconic Mickey Mouse-shaped ice cream bar, which is up 63% in 10 years The last.
The highest increase of an item on the list is the bread service at Animal Kingdom restaurant Sanaa, which has doubled in price from $9.99 to $22 since 2014.
“Prices for every single item have increased by at least $1.50, with most increasing by at least $2 since 2014,” Finance Buzz wrote in its study. “But while food costs have skyrocketed, the base price for Disney World's most affordable tickets has remained remarkably stable, rising just $19 from 2014 to 2024.”
The financial research source gathered its data by taking current food and beverage prices from the Walt Disney World website and comparing them to the old Disney website using the Internet Archive's Wayback Machine.
At the beginning of this monthDisney and the Central Florida Tourism Oversight District (CFTOD) reached a unanimous agreement in a preliminary vote to approve a $17 billion expansion program for the Florida establishment, which could potentially include the development of a fifth Walt Disney park World.
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“We're already hard at work defining basically where we're going to put our new investments and what they're going to be,” Disney CEO Bob. Iger said in February during a first-quarter 2024 earnings call. “You can pretty much conclude that they're going to run out, which means every single one of our locations is going to be the beneficiary of increased investment.”
The Walt Disney Co. was up over 8% year over year as of Friday afternoon.