Normally I get a Large Diet coke most mornings. Just went up from $1.59 to $1.70 today at Mc Donalds. It was $1.09 about 3 years ago. Before that it stayed at $1.09 for I think 5 years. This is my Day To Day living Inflation barometer.

Just talked with our Banker today, finalizing a loan for a new Addition and was thinking about our cost to develop.

Just Building, Driveways and Construction interest. Not Land, Fences, etc.

The new addition is 3 buildings totaling 13,680 sq feet. Cost to build is $42 per square feet. This location is different than all of our others. Requires hard surface driveways versus crushed rock. Also requires frost free footings of 48 inch depth versus 18 inch floating slab. I normally don't think in terms of cost per square feet, just the overall deal analysis. Probably 8 years ago I was around $28 per sq ft, but again, this was within concrete driveways and 48 inch footings. We have used the same Building Mfg and same Contractors always.

Large diet Coke inflation- $1.70 / $1.07= 56% increase.

Storage buildings, let's use $35 versus the $42 above versus $28= 25% increase. I guess I shouldn't be crying about my Self Storage construction inflation.

Self storage has "Sticky" customers, they don't like to move. I'm a Sticky McD Large Diet Coke customer, even though I could get one out of our fridge before I leave each morning.