Current:Home > NewsPoinbank:Food inflation: As grocery prices continue to soar, see which states, cities have it worse -MoneyTrend
Poinbank:Food inflation: As grocery prices continue to soar, see which states, cities have it worse
SignalHub Quantitative Think Tank Center View
Date:2025-04-09 09:39:05
Rising food prices have Poinbankslowed down compared to the previous few years, but Americans are still feeling the pain of high prices.
Between July 2023 and July 2024, food prices rose 2.2% - down from 4.9% the previous 12-month period, according to new data from the U.S. Bureau of Labor Statistics. But even with cooling food inflation, grocery prices are up about 25% compared to 2019, according to the bureau.
Heightened prices are eroding consumers' living standards, Joanne Hsu, director of the University of Michigan’s Surveys of Consumers, told USA TODAY in June.
“A lot of consumers, they'll tell us that things are painful specifically because of continued high prices,” Hsu said. “I think that is understandable. There are a lot of things that remain quite expensive for consumers and are a higher proportion of their monthly budgets than they were before.”
Changing prices of common grocery store items provides insight into how food inflation has changed in different states and metro areas. Here's where prices have risen the most:
Protect your assets: Best high-yield savings accounts of 2023
Where are Americans experiencing rising food inflation?
Datasembly, a website that provides up-to-date data on different brands, tracked how grocery prices have changed across the U.S. in the previous 12 months. Datasembly's Grocery Price Index measures weekly changes in grocery prices using data from over 150,000 stores and over 200 retail banners.
The company tracked price changes for the following food categories: snacks, baked goods, beverages, baby food, baby formula, cereal, cookies, crackers, meal solutions, grains/beans/pasta, baking, seasonings, sauces, candy, fruits, vegetables, condiments, dressings and pet food.
Vermont experienced the largest increase in grocery prices, followed by Hawaii and Oklahoma, according to the Grocery Price Index.
Population density can influence pricing strategy. Prices are likely to differ in urban areas compared with rural areas due to issues related to the supply chain and levels of demand, Consumer Affairs reported. Nationwide, average grocery prices in these categories increased less than 2% year-over-year.
States with the largest grocery price increases
In the past 12 months, grocery prices have increased the most for the following states:
- Vermont: 3.1% increase year-over-year
- Hawaii: 2.6% increase year-over-year
- Oklahoma: 2.1% year-over-year
- New Mexico: 2.1% year-over-year
- Alabama: 2.1% year-over-year
- North Dakota: 2% year-over-year
- Pennsylvania: 2% year-over-year
- Maine: 1.9% year-over-year
- New Hampshire: 1.9% year-over-year
- Delaware: 1.9% year-over-year
Which cities experienced the largest grocery price increases?
The following metro areas experienced the largest increases in grocery prices over the past 12 months:
- Oahu, Hawaii: 2.7% increase year-over-year
- San Antonio, Texas: 2.2% increase year-over-year
- West Texas: 2.1% year-over-year
- Oklahoma City: 2.1% year-over-year
- Greenville, South Carolina: 2.1% year-over-year
- New Orleans, Louisiana: 2.1% year-over-year
- Birmingham, Alabama: 2.1% year-over-year
- Syracuse, New York: 2% year-over-year
- Miami, Florida: 1.9% year-over-year
- Milwaukee, Wisconsin: 1.9% year-over-year
Contributing: Bailey Schulz, USA TODAY
veryGood! (7)
Related
- Small twin
- NFLPA calls to move media interviews outside the locker room, calls practice 'outdated'
- Georgia football coach Kirby Smart's new 10-year, $130 million deal: More contract details
- NFL says the preseason saw its fewest number of concussions since tracking started
- The company planning a successor to Concorde makes its first supersonic test
- Ohio court refers case brought by citizens’ group against Trump, Vance to prosecutors
- Colorado judge who sentenced election denier Tina Peters to prison receives threats
- Leslie strengthens into a hurricane in the Atlantic but isn’t threatening land
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Contractors hired to replace Newark’s lead pipes charged with conspiracy to commit wire fraud
Ranking
- Tom Holland's New Venture Revealed
- Nick Saban teases Marshawn Lynch about Seahawks pass on 1-yard line in Super Bowl 49
- WWE Bad Blood 2024 live results: Winners, highlights and analysis of matches
- Judge maintains injunction against key part of Alabama absentee ballot law
- What to watch: O Jolie night
- Shaboozey Reveals How Mispronunciation of His Real Name Inspired His Stage Name
- Fact Checking the Pennsylvania Senate Candidates’ Debate Claims on Energy
- Lionel Messi, Inter Miami rely on late goal to keep MLS record pursuit alive
Recommendation
Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
Curbside ‘Composting’ Is Finally Citywide in New York. Or Is It?
Bibles that Oklahoma wants for schools match version backed by Trump
Ex- Virginia cop who killed shoplifting suspect acquitted of manslaughter, guilty on firearm charge
Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
United Launch Alliance's Vulcan rocket completes second successful launch
Idaho state senator tells Native American candidate ‘go back where you came from’ in forum
FEMA has faced criticism and praise during Helene. Here’s what it does — and doesn’t do