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The Skyrocketing Costs Driving Cheeseburger Prices Up--and Restaurant Owners Out
A $16 bacon cheeseburger may not be enough to save your neighborhood bar and grill.
Independent restaurants are on financial life support, owners say, squeezed between escalating payroll costs and diners' dwindling tolerance for ever-higher checks. Wages for waitstaff, table bussers and line cooks will grow more expensive for many eateries this year, with 22 states in January raising the minimum wage for hourly workers.