There are several factors that contribute to the high cost of beef jerky. Firstly, the production process of beef jerky involves marinating and drying thin slices of beef, which requires time and labor. Additionally, the quality of the beef used plays a significant role in the price, as premium cuts of beef tend to be more expensive. Preservation methods, such as vacuum sealing and packaging, also add to the overall cost. Lastly, the popularity and demand for beef jerky can drive up prices, as manufacturers and retailers aim to make a profit.