Expensive Food Items With Rising Prices In Michigan Grocery Stores
Inflation keeps going up and it affects fuel, rent and food. The consumer price index for February rose 7.9% from a year ago, the highest level since January 1982.
Moodies recently stated that the average US household will be paying $250 more per month on food than you did a year ago.
Money Talk News created a list of food that just broke price records. The following are some items that you might want to cross off your grocery list or at least wait until you have a coupon the next time you head to the supermarket.
Which Foods Are Costing More?
Nonfrozen, noncarbonated juices and drinks
Latest 12-month price increase: 6.6% (the largest such increase on record)
Latest 12-month price increase: 8.4% (the largest such increase on record)
Latest 12-month price increase: 11% (the largest such increase on record)
Latest 12-month price increase: 13.2% (the largest such increase on record)
Latest 12-month price increase: 13.9% (the largest such increase on record)
Non-coffee beverage materials, including tea
Latest 12-month price increase: 3.7% (the largest such increase since October 2021)
Latest 12-month price increase: 10% (the largest such increase since July 1979)
How To Save On Groceries:
To avoid getting gouged on groceries, here are a few tips to either cut costs or get more cash back:
- Use a cash-back App
- Plan out your meals
- Buy generic or store brands
- Shop strategically
- Use the right card with the best interest rates
- Sign up for a grocery store reward card
- Wait for sales and then stock up
- Skip buying luxury foods and treats
- Use coupons
Is Michigan More Or Less Expensive Than Other States For Food?
Here's the good news...according to balancingeverything.com, Michigan is the least expensive state in the country for groceries. Michigan has the lowest average grocery cost for 1. In the United States, the monthly cost of feeding one person is about $342.11. The average cost of food per day per person is $11.04.