The cheapest groceries aren’t at a grocery store

Grocery prices have reached the stratosphere and we’re all scrambling to lower our food bills. Enter Consumer Reports which recently looked at where the cheapest groceries can be found.

My advice to lower your food bill — wherever you shop, plan weekly trips, search out deals and then plan your meals accordingly. I save between 30-50% on weekly trips, as this receipt shows.

Surprise, the winner wasn’t a traditional supermarket or even Walmart, it was Costco.

“Only six chains nationwide had lower prices than Walmart, and the cheapest grocery store in America was none other than Costco. According to the study, groceries at Costco cost, on average, 21.4% less than at Walmart,” reports Delish in analyzing the Consumer Reports study.

But before you run to Costco, keep in mind there are some downsides to shopping there. You have to buy a membership, to start. Costco also doesn’t stock as many grocery products as traditional stores. And you likely have to buy in large quantities, more than a small family might need.

But you could join with neighbors, splitting the $65 membership fee and dividing up what you purchase.

BJ’s Wholesale came in second, another warehouse concept store.

My advice for getting lower prices — shop sales, use coupons and plan your weekly trip, and your weekly menu to maximize your purchasing power. I rarely pay full-price for any grocery item.

My goal each week — to save at least 33 – 40% off full price for my weekly shopping list.

Expect food prices to rise an average 4% this year, USDA forecasts

Expect rising prices at the supermarket this year.

Food prices rose throughout the pandemic and this year will be no different, with average food prices up 4%, predicts the U.S. Department of Agriculture.

Looking at specific food categories, the USDA sees dairy products rising 5%, poultry items 7%, cereals and baked goods 4% and restaurant prices 6.5%.

Keep in mind that assumes we don’t change our shopping habits because of rising prices, something we all should be doing.

Check my posts on trying dollar stores and planning every shopping trip to get the lowest prices, among my other suggestions.

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