Is there a huge difference between extremely expensive meals and just normal expensive but still affordable to the general public meals?

By extremely expensive I mean meals that are at least hundreds of dollar. I have heard of restaurants that mainly serve the super rich because their meals can cost up to thousands of dollars. Is there really such a huge difference in quality or just greed?

Update:

And by expensive but still affordable I don't mean fast food like McDonald's or Little Ceasars I mean more like Applebees or Roadback Steakhouse

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  • 5 months ago
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    A counterintuitive note is that the more expensive restaurants tend to buy the cheaper ingredients. It's kinda the same way with most things; the newb who knows he can't play guitar buys the expensive name brand one. Willy Nelson used the same one for most of his life, with holes in it!

    The issue is talent. Someone who has made a name for themselves can charge more because people will pay it. You pay $150 to see the Jonas Brothers. You'd pay $200 to make your neighbor stop singing, not to see him. So when a super star celebrity chef also then uses expensive ingredients for what they know is a big special event for you even if it is they're daily grind, you get $700 gold leaf caviar truffle hamburgers.

    On a more day to day level, a hamburger can cost $30-$50 because they did use a waygu ribeye and local heritage cheese with bacon from a private ranch where 60 pigs are fed brandy and chocolate, etc. Other times they just know it's the downtown business lunch crowd that has no issue paying $12 for a grilled cheese sandwich. Rent and taxes alone can often bring fast food chain prices up by up to a dollar downtown vs elsewhere.

    --

    As for casual sit down like Appelbees (the next level down being fast casual like Chipolte) it comes down to market niche. Some people want to bring their family to get tater tots and chicken wings for not much money. So they cut corners and work hard to make it edible and affordable, a market that is struggling these days. There's places that cost $50,000 just because they serve it with a $49,000 bottle of wine. That's cheap marketing but people will buy it. There's also homeless shelters. If you identify something someone needs and will pay for and you don't fill that need and make money, you lose. If you follow the bandwagon or food cart more aptly after the fact, you also lose but do more work for it.

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  • 5 months ago

    no---people in general are ffucking morons--

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  • 5 months ago

    Consider the talent of the chef producing the meal, as their notoriety also contributes to the price point, as does the ambiance, and ingredients used, service staff, sommeliers, etc.

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  • 5 months ago

    I'm convinced a lot of "rich people food" doesnt actually taste good and they just want to make people who cant afford it think it's the best. Like sorry, but salty fish eggs on crackers cant be that delicious.

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  • 5 months ago

    Some people just have more money than sense. Why would the situation be any different at the table?

    Oh and btw, the food in those joints is totally overrated.

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  • 5 months ago

    In a fine restaurant, the ingredients are the freshest, highest quality the chef can buy. The food is prepared meticulously, and the cooking is timed to the second. Part of the cost of a meal in a fine restaurant is the best ingredients, but the time it takes skilled employees to prepare the meal is also expensive. Then there is the popularity factor. If a restaurant is world renowned, one way to limit the customers to a manageable number is to raise the price so fewer people are willing to make a reservation. That's not entirely greed, it's limiting the number of diners to what the facility and staff can handle.

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  • 5 months ago

    it might have to do something with greed

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