$5 no more: Little Caesars hikes price of Hot-N-Ready pizza for 1st time in history

DETROIT — One of the most affordable meal deals in the nation just got a little pricier.

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For the first time in Little Caesars’ history, the Detroit-based pizza chain is hiking the price of its bargain Hot-N-Ready pizzas by 11%, the company confirmed Monday.

That means the mainstay munchie now costs $5.55 (plus tax) instead of $5 even (plus tax).

While the price increase is a permanent change, company officials said customers will now find 33% more pepperoni on the pizzas, Entrepreneur reported.

“Change is good when it comes to giving our customers more of what they love, and we’re changing our iconic HOT-N-READY Classic, adding 33% more savory, meaty pepperoni still at the country’s most affordable price,” Little Caesars Chief Marketing Officer Jeff Klein said in a prepared statement.

The $5 Hot-N-Ready debuted in 2001 and went national three years later, WDIV-TV reported.

“Little Caesars has built its brand on affordability, convenience and quality, which keeps customers coming back to us time and time again,” Little Caesars’ Chief Innovation Officer Ed Gleich wrote in an email to the Detroit Free Press. “This brings us the stability and high customer counts necessary to keep our extreme value sustainable.”