I know that Chili’s used to have a streak meal for around $16. At one time I thought that was cheaper than I could buy a comparable steak at the grocery store.
What type of steak was that in the OP? At my local supermarket in the UK I can get 30-day aged ribeye for £22.67/kg which according to Google works out to $12.70/lb.
That seems crazy, crazy cheap, especially for the UK. Dry-aged stuff usually starts at around $20/lb here, and I’ve bought it at prices of up to $50/lb (For a couple of years, I would have a tradition where I bought myself a 45-day or maybe it was 60-day aged dry ribeye from an upscale grocery called Fox and Obel. My recollection was that they were $50/lb, and this was back in 2005/2006.)
That price would be about right for a choice-grade (second highest grade) ribeye at most places around here.I’d venture that cut at choice grade would be anywhere from $8-$16/lb, depending on where you shop. I’ve never seen dry-aged ribeye at that low a price, though. Like I said, I’d expect around $20/lb, maybe $16/lb at the very lowest end.
Or sometimes you can find prime at that price, depending on the store and time. I did manage to snag some prime ribeye from a local grocery (which I was shocked to find, as that grocery does not typically sell prime meats) during one of the recent holidays, and it was at I think $12.99/lb. But that price is more typical in the choice grade ribeye level, maybe a buck or two higher than usual, but within the range to be expected for that cut of meat at that grade.