|
|
"A comprehensive, collaborative elections resource."
|
Food prices continue to climb, forcing shoppers to budget more for groceries
|
|---|
| Parent(s) |
Issue
|
| Contributor | RBH |
| Last Edited | RBH Apr 19, 2008 09:23pm |
| Logged |
0
|
| Category | News |
| News Date | Friday, April 18, 2008 03:00:00 AM UTC0:0 |
| Description | Last year, the price of eggs increased 40 percent. The price of milk increased 26 percent. The price of food has been steadily increasing since 1990, leaving consumers in a proverbial pickle. Because 14 percent of all household spending is on food, and no one can live without it, there is cause for concern for people of all ages and income brackets.
Due to these rising costs, the Muleskinner decided to study local grocery stores prices, comparing store brand to national brand items, to determine which stores have the best values for the consumer’s grocery dollar.
All grocery stores in Warrensburg, which include Aldi, Wal-mart, Bi-Lo Country Mart and Parkers, were studied to determine prices of a few typically-used food items, including bread, milk, eggs, pre-processed cheese slices, sliced turkey, peanut butter, mayonnaise and ketchup. We also included one convenience-type store, Walgreens, to see how much more expensive these items if purchased as convenience items in a sore open 24 hours.
We found that it is more cost efficient to buy store-brand items, rather than nationally advertised brands, such as Kraft, Heinz, Wonder, etc. To buy all the above items at Wal-mart in their store brand, Great Value, it would cost the consumer $19.44. To buy the similar nationally-branded items, the cost would go to $22.82, saving the customer $3.38.
The same was true of the findings at Parkers and Bi-Lo Country Mart, where customers could save about $6 when buying the store-brands Always Save and Best Choice, rather than the brand names. |
| Share |
|
|
2¢
|
|
| Article | Read Full Article |
|
| Date |
Category |
Headline |
Article |
Contributor |
|
|
