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You’re not crazy — your fruits, vegetables, and just about every single other grocery item has gotten more expensive since March 2021. According to the most recent Consumer Price Index (CPI) report, food prices in March 2022 were overall 8.8% higher than they were in March 2021.
For those keeping score at home, that’s the largest one-year increase since May 1981.
Here’s how much more, on average, you’re spending on your go-to grocery items in 2022 — with some helpful links to lessen the sting to your bottom line.
Of course, saving is always made easier when you download the Krazy Coupon Lady app.
A family of four can expect to pay $60 – $120 more on groceries per month.
According to the USDA, the average family of four spent between $682.80 and $1,361.50 on groceries in 2021.
When you add the 8.8% average increase to the cost of groceries in 2021, that makes the range $742.89 to $1,481.31 per month.
That’s $60 – $120 more per month — or $720 – $1,440 per year!
If you live alone, NUMBEO says you’re spending $372.22/month on groceries, which is $30.10 more per month than you were paying in 2021.
Groceries now cost 21% of an average household’s income.
The average U.S. household income is $87,864. So if you’re right in the middle of the range of average monthly grocery prices for a family of four — $1022.15/month — you’re spending 21% of your income on groceries. That’s wayyyy higher than what lots of budgeting gurus say to spend (no more than 15%), and much higher than the 9.6% households were spending in 2019 (according to the USDA).
By comparison, it’s higher than what people were paying, percentage wise, in 1960; between 1960 and 2000, the average percentage of income spent on food fell from 17.0 percent to 9.9 percent.
Let’s take a look at what’s costing us more.
Bacon: 18.2% more expensive
Sam’s Club prices for four-pound packages of Wright Brand bacon are now $25.33, which is over $6 more than they were this time last year. That’s more than 33%. Yikes. You’re gonna want to bookmark our bacon coupons. And speaking of meat. . .
Beef and Veal: 16% more expensive
You saw it with bacon, and you’re seeing it with beef: Meat is a lot more expensive. Here are some other examples of year-over-year price increases:
- Bacon and breakfast sausage: Bacon prices increased 18.2%, while breakfast sausage prices increased 13.5%.
- Ham: Food prices increased 14.6%.
- Pork chops: Food prices increased 13.8%.
- Roasts, steaks, and ribs: Food prices increased 15.4%.
- Chicken: Whole chicken prices increased 10.2%, while chicken parts prices increased 15.1%.
- Fish and seafood: Food prices increased 10.9%.
Butter: 14% more expensive
OK, grab your butter coupons. This kitchen staple is spendier in 2022 than it was in 2021, and that’s because of the price of. . .
Milk: 13.3% more expensive
In our experience, milk prices are much worse than the official government numbers. For example, Walmart prices on a gallon of their Great Value milk are about 48% more expensive in 2022 than they were a year prior; the price went from $2.19 to $3.24.
And even if you’re not buying cow’s milk, you’re still paying more; a pint of Almond Breeze almond milk at Walmart is over 16% more expensive year to year.
Eggs: 11.2% more expensive
Again, this is another one where our experience is actually much worse. The 18-count container of Eggland’s Best eggs at Sam’s Club were just $3.08 in spring 2021. The price has jumped up to $4.84, which is a massive 57.14% increase.
Coffee: 11.2% more expensive
Baby Food: 10.8% more expensive
Cereal: 10% more expensive
Sorry, Cap’n Crunch — the real crunch is on my budget. Cereal coupons definitely help, though — as does being flexible enough to only buy the products that have sales or coupons.
Rice and Pasta: 9.3% more expensive
Snacks: 9.3% more expensive
Snacks like chips and popcorn were more popular than ever during the Covid-19 pandemic. Now our growing addiction is being tested with rising prices.
Household Cleaning Products: 8.7% more expensive
We’ve got the ultimate cleaning guide to help you save on a wide array of cleaning products.
Fruits and Vegetables: 8.5% more expensive
We know how to save on fresh produce the easy way. You’ll want to check that out. The alternative is to not eat fruits and vegetables, which will get you scurvy.
Bread: 7 – 8.5% more expensive
Beverages: 8% more expensive
Pet Products: 6.9% more expensive
Doggone pet prices got you down? Fight back with our Ultimate Pet Savings Guide and never pay full price for food, toys, or anything else your furry friends need.
Cakes, Cupcakes, and Cookies: 6.6% more expensive
Alcoholic Beverages: 3.5% more expensive
Cheese: 3.1% more expensive
Cheese? Non. Negotiable. Although 3.1% isn’t that big of a price jump, every little bit helps, which is why you should bookmark our cheese coupons and use them every time you buy cheese.