Groceries: Getting too expensive to eat
More grocery shoppers are experiencing everyday price gauging via inflation as they step down the food aisles. A recent poll through Deloitte found more than a third of shoppers and nearly half of rural consumers are regularly “trading off” from name brands to less expensive alternatives. Prices are definitely going up and we asked some people on the streets of Duluth how they are making out with the expensive prices.
“We have a big family and we try to cook a lot and have the family over. And instead of spending just a little bit of money now we’re spending a lot of money and it’s costly,” says Jodi Zimmer.
Day by day basic food is becoming more and more expensive to purchase. According to reports there has been a 17.6% rise in chicken costs and an 8% boost in lettuce prices. A pound of chicken breast retails for $10 so you’re using about $2.50 worth of the poultry for a single salad. Meanwhile, lettuce goes for about $3 per head, while one large avocado sells for $2.50. To most those are prices that can get out of hand very quickly. However, here are some tips from Duluthians on the street we got to save some cash as you go grocery shopping.
- Pay with a grocery rewards card.
- Sign up for the loyalty program.
- Clip coupons.
- Join a wholesale club.
- Go in with a list and stick to it.
- Buy items on sale.
- Buy in bulk.
- Compare prices between stores.
The Federal Reserve has said that prices have accelerated and that they are expected to keep rising unfortunately. Input costs are up especially for food, which then pressures grocery prices.