Current:Home > ScamsBreakfast is the most important meal of the day. With inflation, it's also expensive. See costs -Wealth Empowerment Academy
Breakfast is the most important meal of the day. With inflation, it's also expensive. See costs
View
Date:2025-04-17 00:57:09
Frying up eggs and bacon at home might seem like a frugal move, but as the battle against inflation continues, it will still cost you.
Overall prices rose 3.2% in February compared to this time last year and 0.4% monthly, according to the most recent consumer price index report from the U.S. Bureau of Labor Statistics.
That's down from its 40-year peak at 9.1% in June 2022. While prices of goods like furniture and appliances have come down, services like rent and transportation keep climbing in cost.
Food and energy like gas (yes, that's getting more expensive too), are excluded from the core inflation rates analyzed by policymakers, like the Federal Reserve in determining interest rates.
But grocery bills still have people making hard budget choices. Here is how much breakfast items cost on average in February of this year compared to the recent peak and five years ago, according to the Bureau of Labor of Statistics.
Protect your assets: Best high-yield savings accounts of 2023
See the graphs:After October CPI report, charting how the inflation rate, some prices continue to fall
Ground roast coffee, per pound
- February 2024 - $6.09
- June 2022 - $5.79
- February 2020 - $4.25
(Data unavailable for October 2018 through September 2019)
Sliced bacon, per pound
- February 2024 - $6.56
- June 2022 - $7.40
- February 2019 - $5.50
Eggs (Large, Grade A), per dozen
- February 2024 -$3.00
- June 2022 - $2.71
- February 2019 - $1.56
The price of eggs was at a 20-year high in January 2023, costing $4.82 on average.
White bread, per pound
- February 2024 - $2.01
- June 2022 - $1.69
- February 2019 - $1.28
All purpose white flour, per pound
- February 2024 - $0.56
- June 2022 - $0.50
- February 2019 - $0.44
Whole milk, per gallon
- February 2024 - $3.94
- June 2022 - $4.15
- February 2019 - $2.90
Bananas, per pound
- February 2024 - $0.63
- June 2022 - $0.64
- February 2019 - $0.57
Navel oranges, per pound
- February 2024 - $1.53
- June 2022 - $1.60
- February 2019 - $1.30
Contributing: Paul Davidson, USA TODAY
veryGood! (31465)
Related
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- 6 killed in Russian attacks on Ukraine as Kyiv continues drone counterstrikes
- Mary Lou Retton's Family Shares Remarkable Update Amid Gymnast's Battle With Rare Illness
- 5 Things podcast: Should the Sackler family face accountability for the opioid crisis?
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Driver leads police on 55-mile Maine chase after almost hitting warden investigating moose complaint
- Virginia school bus driver and 12 children hurt after bus overturns, officials say
- Teacher killed in France knife attack as country on high alert over Israel-Hamas war
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- CDC director Cohen, former Reps. Butterfield and Price to receive North Carolina Award next month
Ranking
- Don't let hackers fool you with a 'scam
- Suzanne Somers, of ‘Three’s Company,’ dies at 76
- Louvre Museum in Paris was evacuated after a threat; France under high alert
- Wisconsin Supreme Court asked to draw new legislative boundaries over Republican objections
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Former MSU football coach Mel Tucker uses toxic tactic to defend himself
- Delaware man charged in kidnapping of 11-year-old New Jersey girl after online gaming
- What's streaming on Disney and Hulu? Price hikes. These tips can save you money.
Recommendation
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
Kim Ng, MLB’s 1st female GM, is leaving the Miami Marlins after making the playoffs in 3rd season
A Frequent Culprit, China Is Also an Easy Scapegoat
Russia waging major new offensive in eastern Ukraine, biggest since last winter
Stamford Road collision sends motorcyclist flying; driver arrested
The Crown Unveils First Glimpse of Princes William and Harry in Final Season Photos
Wildfire smoke leaves harmful gases in floors and walls. Research shows air purifiers don't stop it — but here's how to clean up
Many frustrated Argentines pinning hopes on firebrand populist Javier Milei in presidential race