The Rising Grocery Prices
On February 16, 2025 By newsroom Topic: Saving And Investing Money
1. Overview of Price Increases
- 25.8% total increase in grocery prices between 2020 and 2022 (based on a Metro store in Montreal).
- While some items decreased in price (e.g., dried pasta, garlic), others rose significantly.
| Top Price Increases |
|----------------------------|
| Pasta Sauce (+94.7%) |
| Frozen Green Beans (+75.1%)|
| Fat-Free Milk (+65.3%) |
| Unbleached Flour (+59.8%) |
| Extra Long Grain Rice (+54.5%)|
- 2020 Total: $103.57
- 2022 Total: $130.25
- Biggest Impact: Staples like milk, flour, and rice saw steep increases.
2. Shopping and Budget Adjustments
- Meat Reduction \udd69\u2b07: Users noted cutting meat consumption (red meat to zero) to offset inflation.
- Health Prioritization: Some spend more on healthier alternatives (e.g., free-range eggs, products with no seed oils).
- Focus on Value: Opting for fresh food and staples like legumes, beans, and rice for affordability.
3. Saving Tips From Reddit Users
- Weekly Grocery Deals
- Regularly check coupons, points systems, and local store deals to reduce costs.
-
Example: Frozen fries can be free or near-free with points systems.
-
Track Food Costs
- Use a spreadsheet to track cost per calorie for better budgeting.
-
Examples of cheapest calories:
- $0.05: Rice, oats, beans
- $0.07: Popcorn, sunflower seeds
- $0.27: Eggs, frozen edamame
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Bulk Shopping
- Costco staples (e.g., Basmati rice, cheese blocks) provide affordable calorie value.
4. Food Inflation Trends
- Staple Items Impacted: Affordable basics like bread, rice, and milk saw significant inflation.
- Long-term Inflation: The average increase of 25.8% highlights rising food costs, making budgeting and shopping strategies more essential than ever.
To Sum it all
- Reducing meat consumption, buying in bulk, and focusing on staples can help fight rising prices.
- Tracking food costs and taking advantage of deals/coupons makes a noticeable difference.
- Smart shopping habits are key to managing inflation and maintaining a balanced budget.
Plan, track, and adapt your grocery habits to keep your wallet happy!
