Food costs on their way UP!

With a drought ravaging the U.S. experts say we should brace ourselves for a jump of upwards of 4% over the next year. What’s a family to do?



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According to the Stats Man, between 1999 and 2009, the average price of a loaf of bread went from $1.31 to $2.50, an increase of 91%. A litre of partly skimmed milk went from $1.41 to $2.11, a 50% increase. And 1 kilogram of ground beef from $3.90 to $7.02, an 80% increase.

The cost of food keeps going up. Between 2009 and 2010, food costs went up about 2%. Between 2010 and 2011, it jumped another 4.6%. And between July 2011 and 2012, prices jumped again by just under 1.3%.

We’re spending about $150 a week, or $8,219 a year, on food. Remember now, that doesn’t include things like personal care, household cleaning, booze or smokes. That’s just food.

With a drought ravaging the U.S. experts say we should brace ourselves for a jump of upwards of 4% over the next year. I think that’s optimistic but, hey, even if you’re an optimist that’s a leap. What’s a family to do? Try these tips:

Shop with a list. Avoiding impulse spending will keep 23% more money in your pocket, according to studies including one from the University of Pennsylvania. Keep a grocery list on your fridge. As you run out of stuff or identify what you’ll be cooking next, add what you need to your list. And when you go shopping, don’t buy anything that isn’t on your list. (If you want to have a small amount set aside for taking advantage of great in-store specials, add an extra $10 to your grocery budget to stock up when prices are fabulous.)

Potential savings: $34.50 / week

Shop where prices are lowest. So obvious. And yet, not always the way we go. Would you be interested in saving up to 20% just by switching supermarkets?

Potential savings: $30 / week

Eat more fruits & veggies. Cut out meat for a couple of meals a week and fill up on fruits and vegies and you can trim your food budget by upwards of 18%.

Potential savings: $27 / week

Buy in bulk. When salmon hits 99¢ a tin, when coffee goes on sale, when toilet paper is a bargain, stock up. It’s not going to spoil so buy on sale and save as much as 25%.

Potential savings: $37.50 / week

Cut coupons. No, you won’t be able to walk out of the supermarket with $400 of groceries for a buck ninety-two like you’ve seen on TV, but you can save anywhere from 10-30% if you clip coupons and build your menus around what’s on sale.

Potential savings: $45 / week

11 comments on “Food costs on their way UP!

  1. I save 50% on milk every week, by buying in the United States. I make a weekly trip for gas (save $0.20/L), milk (save $2.50/jug) and dairy products (cheese is often half the price of Canadian cheese).
    If prices go up, they will go up in both countries, but I will still save money. Besides, I work on the border, so it's not hard to nip down to pick up my groceries on the way home from work.


  2. I think it's great to recommend the increased consumption of fruits and veggies and reducing meat purchase expenses. A key alternate that was not mentioned, however, is choosing to cook more often using beans and lentils. These foods would provide the protein-component of the meal that is felt-lacking when meat is not served. Together with other whole fruits, vegetables, nuts, seeds and whole grains, many vegans, make extremely affordable and nutritionally complete meals all the time.

    In other parts of the world, where moral, religious or even general economic conditions require, use of whole grains, legumes, nuts, seeds, and fruits and vegetables forms the majority if not all of the diet. Perhaps we can learn how to save on food costs simply by embracing these food choices more often.


  3. Biggest savings on food ,stay out of restaurants.People clip coupons ,by cheap cuts,treat yourself to a canadian co.,Farm Boy and learn to cook,fresh.Now thats saving on the cost of food.


  4. Thanks so much for a great post about the cost of food increases . I'd like to know more about these topics and hope that I can receive more insight into this topic.


  5. Yes, the price of food just keeps on rising… You offer very good saving tips, and I use at least the sale method and the coupons method. I would also add this one: Shop food only when youre not hungry!


  6. Food prices keep going up but the average weekly wage doesnt, so its very helpful to collect money saving tips like these thanks :)


  7. I would like to say that yes, I agree that food prices are going up, and then its time for us to acknowledge that eating healthy is way less expensive than buying ultra processed food on the super market alleys.


  8. I usually buy bulk in Costco! Save tons of money just shopping and buying bulk!


  9. Really useful information! I just realized how much extra cash I spend daily unnecessary. Thanks so much for sharing.


  10. I'd like to know more about these topics and hope that I can receive more insight into this topic.


  11. Our economic and financial position changes in a regular basis. According to this change we also change the way of living. Among all activities food consumption is most important in our life. There are several foods available in market. All foods are not useful for our health as many are poison for us.

    Due to increase the demand of organic food and less availability of in market the cost of these foods gradually increased day by day. Now we can got foods in a high cost from market.


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