A study by University of California, Berkeley researchers shows that the average price of groceries at the end of a given shopping day is about twice as much as it was at the start.
Photo: Alex Ellinghausen/Getty Images A study published today by the UC Berkeley Food Policy Research Center has shown that the median price of grocery items in stores is about 1.6 times the price paid at the same point in the year.
The study’s co-author, UC Berkeley economist Robert Warshaw, said the study was a good start to a discussion about why we are paying more in grocery stores than we used to.
“We found that the majority of price increases are concentrated at the higher end of the price scale,” Mr Warshas said.
“If you’re looking at the price of a hamburger, you’re going to pay more.
“It’s really important to think about the implications of these price increases and to have some kind of conversation about what the implications are.” “
The study found that, overall, prices increased by about 5.5 per cent for every dollar spent on groceries. “
It’s really important to think about the implications of these price increases and to have some kind of conversation about what the implications are.”
The study found that, overall, prices increased by about 5.5 per cent for every dollar spent on groceries.
In the most expensive areas of the country, such as New York, Los Angeles and San Francisco, the average annual price of goods in grocery store increased by just 3.7 per cent.
“There are more than three times as many people paying more than they used to for grocery shopping in this country than there are paying less,” Mr Mancini said.
The research also showed that the most-expensive groceries in the country are now available in bulk, making it easier for consumers to buy more at the checkout line.
In terms of the impact on households, Mr Washaws study found the median family of four now spends about $4,000 on groceries a year, an increase of 8.3 per cent over the past three years.
The median family also spends an average of $2,500 a year on food stamps, up by 5.4 per cent from $2.3 in 2012.
A household that spends an extra $500 a month on food stamp benefits will pay an extra 6.3 cents in groceries a month.
“You could see that in the price, which I think is really interesting,” Mr Vliet said.
“The price of things are actually increasing more than you can possibly understand in this context, but it’s very important that we have some sort of conversation around it.”