Cocktails out in New York?
Depends where you go. Restaurants--even upscale ones--that mature folks frequent, have served cocktails through the years and would really anger their regulars if they jacked up their prices a huge percentage.
For inflated price tags, we can blame premium sprits, 8-oz. "martini" glasses, the "retro" cocktail shenanigans, and consumers too young to know what a drink should cost.
Travel & Leisure just had a 'world martini index'. They compared "luxury hotel bar" prices and not normal restaurants.
New York was $15.
Paris was $26.
Cape Town was $5.
p.s. yesterday we paid $10.50 for a Grey Goose Cosmo in Philadelphia in our local bar.