With Memorial Day weekend approaching, Americans looking to host cookouts will encounter higher prices for many traditional barbecue staples due to ongoing inflation. The Bureau of Labor Statistics reported that ground beef prices have surged by 14.5% year-over-year, while steak prices have increased by 16.1%. This rise is attributed to the lowest U.S. cattle inventories in over 70 years, influenced by drought conditions affecting ranchers. In contrast, consumers may find some relief by opting for hot dogs, with frankfurter prices up 10.7%. Chicken prices have slightly decreased, with fresh whole chicken down 1.8%. Fresh vegetables have seen significant increases, with an overall rise of 11.5%, particularly tomatoes, which have surged by 39.7%. Desserts are also more expensive, with cakes and cookies up 5.1%. Beverage prices have risen modestly, with beer up 2.2%, while wine prices have decreased by 0.8%. Overall, consumers should prepare for a more costly cookout this Memorial Day.