Red’s Eats, the downtown Wiscasset takeout restaurant where you might stand in line for an hour to get a lobster roll, is now charging $26.50.
The Bangor Daily News reports that it’s the highest price charged by Red’s in its 79-year existence.
The going price for the iconic lobster roll is now typically more than $20, the BDN reports.
Lobster meat is selling for $45 a pound, up $5 from the going rate in past years.
A trade official blames the lobster glut of five years ago, which created more demand.
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“Landings in 2012 were big. It was an unprecedented level of supply; something we hadn’t seen before,” said Annie Tselikis, executive director of the Maine Lobster Dealers’ Association, told the BDN.