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You can just look at your own grocery store and your local McDs. I also live in CA and for a quarter lb with cheese comparison I looked up: My local McD's: $6.39
My local Safeway (not a budget option, no sales, you can do better than all of this): 1 1/4 lb beef patty $1.69, 1 slice cheddar cheese $0.37, 1 hamburger buns $0.22 = $2.28, misc condiments are negligible but let's say $0.25 total = $2.53 That's less than half the cost. The time and resources cost of frying that patty in a skillet and throwing it on a bun with cheese and ketchup comes nowhere close to doubling that, it's not even close. |
That's what I mean by "fully loaded"- when economists compare things like this, they don't just take the published dollar costs in a single location and compare them. They made a best-effort good-faith attempt at considering all the other costs which lead to a consumer making a decision.
Also, fast food prices shot up in the past few years, faster than grocery prices. Most of the articles about this were written about 10-15 years ago.