Economy: Price of Groceries Up 25% In New Jersey!

Price of Groceries Up 25% In New Jersey!

Food is a subject that everyone can relate to. The price of groceries is something we can all complain about. Every time you go to the store the price at check-out goes up. A recent Patch article cited information showing groceries in New Jersey are up 25%. That's a substantial increase of 25%. So let's look at the story behind the increase here in the Garden State.

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In a recent Patch article, data from software solutions company Traceone shows that groceries in New Jersey have increased 25% following the pandemic. Nationally, certain foods have seen dramatic increases in the past few years, hurting everyone in their wallets and stomachs!

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Prices Up For Groceries like Eggs, Beef, Chicken, Canned Goods

Here's a look at price increases: (Since March 2020)

• Eggs have increased by 50%
• Beef roasts increased by 40%
• Chicken increased by 29.2%
• Canned fruits and vegetables increased by 31.6%

Other Findings in the Traceone report found, "in New Jersey, 7.1 percent of consumer spending goes to groceries." In addition, "New Jersey households also average $275 on weekly grocery spending, or $192 per week for one-person households, $220 per week for two-person households, $273 per week for three-person households and $290 per week for four-person households." We find that we don't spend the average (2-person household) we are below the $220-a-week mark. How do you make out at check-out? Are you above or below the averages? I think we can all agree that it's a pain in the wallet at check-out.

Let's hope this summer we see a break at check-out. Have you started any ways to save at home? Share your money-saving tips and post your solutions below. One way we save is through my wife April's garden. She provides a lot of vegetables every summer and she "cans" for the rest of the year. So we will save a lot by having our produce right in the backyard. Are you gardening at home to save a few dollars?