CHARLOTTE, N.C. — The latest numbers from the U.S. Bureau of Labor Statistics show the majority of grocery store food items are more expensive now than they were just one year ago.
The price of food has increased by 10.4% since December 2021 with grocery store staples seeing even greater increases.
The most significant price hike, hands down, is for eggs.
According to data from the U.S. Bureau of Labor Statistics, we’re paying 59.9% more for eggs now than we did just one year ago. When it comes to butter, the cost has increased by 31.4% year to date.
For bread, prices are 15.9% more expensive than they were last year, while milk will set you back 12.5% more this year.
In fact, of the more than 100 grocery items tracked by the U.S. Bureau of Labor Statistics, only six items are less expensive right now than last year.
So what can you do to save money?
Consumer experts recommend switching to store brands. Store-brand products can be up to 25% less than their name-brand counterparts.
Contact Carolyn Bruck at cbruck@wcnc.com and follow her on Facebook, Twitter and Instagram.
WCNC Charlotte is always asking "where's the money?" If you need help, reach out to WCNC Charlotte by emailing money@wcnc.com.
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