Current:Home > InvestBreakfast is the most important meal of the day. With inflation, it's also expensive. See costs -MarketMind
Breakfast is the most important meal of the day. With inflation, it's also expensive. See costs
View
Date:2025-04-17 08:34:30
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! (13)
Related
- Sonya Massey's father decries possible release of former deputy charged with her death
- Rose Bowl expert predictions as Alabama and Michigan meet in College Football Playoff
- Thai prime minister says visa-free policy for Chinese visitors to be made permanent in March
- Michael Penix Jr. leads No. 2 Washington to 37-31 victory over Texas and spot in national title game
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- $842 million Powerball ticket sold in Michigan, 1st time the game has been won on New Year’s Day
- Tom Wilkinson, The Full Monty actor, dies at 75
- Amy Robach Reveals What She's Lost Amid Divorce From Andrew Shue
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Pakistan human rights body says an upcoming election is unlikely to be free and fair
Ranking
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Mysterious blast shakes Beirut’s southern suburbs as tensions rise along the border with Israel
- Powerful earthquakes off Japan's west coast prompt tsunami warnings
- Doing the Dry January challenge? This sober life coach has tips for how to succeed.
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Sophia Bush Says 2023 “Humbled” and “Broke” Her Amid New Personal Chapter
- 16-year-old boy fatally stabbed on a hill overlooking London during New Year’s Eve
- Missing exchange student from China found alive, possibly victim of cyber kidnapping, police say
Recommendation
US appeals court rejects Nasdaq’s diversity rules for company boards
Wander Franco arrested in Dominican Republic after questioning, report says
The USS Gerald R. Ford aircraft carrier is returning home after extended deployment defending Israel
Peter Magubane, a South African photographer who captured 40 years of apartheid, dies at age 91
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
4 ways AI can help with climate change, from detecting methane to preventing fires
Stock market today: Asian markets are mixed on the first trading day of 2024
Raise a Glass to Ryan Seacrest's Sweet New Year's Shout-Out From Girlfriend Aubrey Paige