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Depends on the food cart and depends on the food. If it's awesome, it will demand a premium, especially since most food carts are downtown. If it isn't, then it isn't worth it. It's hard to say "worth it" or not. It's not like restaurants don't mark up their food beyond the cost of ingredients. Sure, food carts don't pay rent but they have costs as well.
I mean, is Cartem's worth $3 a donut when Tim Horton's has them for less than a buck? It all depends on if you're willing to pay for donuts that are awesome. If a food cart is expensive and their food tastes amazing, then it's probably worth it.
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