Filet Mignon Cost

Filet mignon is called the steak cut of beef that’s drawn from the end of the tenderloin, which runs along both sides of the spinal column, of either a steer or heifer. The typical steer, according to professionals, will have no more than 500 grams of filet mignon.

Just how much does filet mignon cost per pound?

Usually, you should be ready to spend anywhere from $153 to as much as $35 per pound at your local supermarket or butcher. The cost will depend upon its size, if it’s organic, your geographical area, and where you buy it from. Since this cut of beef is known to be the most tender part of a cow, it’s usually the most searched for, thus the high price.

Bone-in filet mignon, which isn’t a cut that’s found really often, can be a lot more, usually costing around $80 per 12 to 14 ounces.

For example, on one Reddit.com thread, one member claimed that they paid about $20 per pound at one local Wegman’s and a similar cost at a local butcher situated in New Jersey.

You might also like our articles about the cost of Lasagna, Escargot, and to eat at Hell’s Kitchen.

At Trader’s Joe, on the other hand, the typical USDA  Choice premium steak can cost anywhere from $13 to $22 per pound. Whole Foods, a similar store will have an average cost of about $20 per pound, according to what we managed to find.

EatLikeNoOne.com notes that Costco charges around $13.99 per pound and will describe it as a tenderloin steak, not filet mignon.

Filet mignon details

Filet mignon is typically one to two inches thick typically and can either be served as-is or covered in bacon. Some butchers or supermarkets might already prep it with the bacon, while others will offer it as is.

Here are some important tips

Filet mignon does not feature a great deal of fat because it’s known to be extremely lean, and because of this, you might need to make a few adjustments when cooking this kind of meat because it can end up being dry. Filet mignon, for instance, can usually be covered in bacon which can give it the fat, or you can consider brushing it with olive oil.

Is there any way to save some money?

Consider looking for some specials at the local supermarket and meat shops. If you are able to find these kinds of offers, it typically means that the meat will either expire that day or the next.

According to some experts, many local butchers will add the weight of the bacon when you buy your filet mignon. With the typical strip of bacon weighing close to one ounce, this means you’re really buying 5 ounces of filet mignon if you were to buy a “six-ounce filet.” Of course, not all meat markets will do this, however, it does not hurt to ask or get the bacon individually. It is also recommended to get a Porterhouse steak to get 2 prime cuts at the same time. The small piece at the end on the one side of the “T” shape bone is filet mignon, while the opposite is called the New York strip. If you are able to find a porterhouse, it can typically be $1 to $3 per pound cheaper.

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Alec Pow

Alec Pow is a thorough and methodical Financial and Business Analyst with over 15 years of experience in financial statement analysis, Foreign exchange derivative hedging instruments analysis, modeling, and risk management, with a long history of writing for big news publications like Forbes, MSN.com, Washington Post, and many more.

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