Consumer confidence has been dropping in recent weeks as food prices remain high. Some foods, like eggs, remain extremely high because of a plague sweeping the country’s bird population.
USAToday recently reported on a study by WalletHub that showed people are paying the highest percentages of their incomes for food mostly in southern states.
States where shoppers spend the highest percentage of income on groceries are:
- Mississippi (2.64%)
- West Virginia (2.57%)
- Arkansas (2.49%)
- Kentucky (2.41%)
- Louisiana (2.39%)
- New Mexico (2.36%)
- Alabama (2.34%)
- South Carolina (2.27%)
- Tennessee (2.23%)
- Oklahoma (2.21%)
“The top states also coincide with the states where the median income is the lowest in the country, said Chip Lupo, writer and analyst for WalletHub,” USAToday reports. U.S. food prices have risen a total of roughly 25% in the past five years, the newspaper reports.
Continue reading “Consumers fret over food costs; here’s where they hurt most”





