Current:Home > MarketsBreakfast is the most important meal of the day. With inflation, it's also expensive. See costs-Angel Dreamer Wealth Society D1 Reviews & Insights
Breakfast is the most important meal of the day. With inflation, it's also expensive. See costs
View Date:2024-12-23 16:28:49
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! (6213)
Related
- Sean Diddy Combs' Lawyers File New Motion for Bail, Claiming Evidence Depicts a Consensual Relationship
- Maine law thwarts impact of school choice decision, lawsuit says
- California schools release a blizzard of data, and that’s why parents can’t make sense of it
- 'Who TF Did I Marry?' TV show in the works based on viral TikTok series
- The Daily Money: All about 'Doge.'
- Man charged with assault in random shootings on Seattle freeway
- Orano USA to build a multibillion-dollar uranium enrichment facility in eastern Tennessee
- Target adds 1,300 new Halloween products for 2024, including $15 costumes
- Why Dolly Parton Is a Fan of Taylor Swift and Travis Kelce's Little Love Affair
- US Open: Aryna Sabalenka beats Emma Navarro to reach her second consecutive final in New York
Ranking
- Residents urged to shelter in place after apparent explosion at Louisville business
- Women lawmakers take the lead in shaping policy in Nebraska. Advocates hope other states follow.
- What's at stake in Michigan vs. Texas: the biggest college football game of Week 2
- Markey and Warren condemn Steward’s CEO for refusing to comply with a Senate subpoena
- Detroit Mayor Mike Duggan says next year will be his last in office; mum on his plans afterward
- 'Love is Blind' Season 7 reveals new location, release date: What to know
- Taylor Swift hasn't endorsed Trump or Harris. Why do we care who she votes for?
- Kylie Jenner Gives Nod to Her “King Kylie” Era With Blue Hair Transformation
Recommendation
-
Mattel says it ‘deeply’ regrets misprint on ‘Wicked’ dolls packaging that links to porn site
-
Ravens' Ronnie Stanley: Refs tried to make example out of me on illegal formation penalties
-
'Bachelorette' Jenn Tran addresses finale debacle: 'My heart is heavy grieving'
-
Kansas City Chiefs superfan ChiefsAholic sent to prison for string of bank robberies
-
The Army’s answer to a lack of recruits is a prep course to boost low scores. It’s working
-
'Bachelorette' Jenn Tran addresses finale debacle: 'My heart is heavy grieving'
-
Women lawmakers take the lead in shaping policy in Nebraska. Advocates hope other states follow.
-
Nevada high court ends casino mogul Steve Wynn’s defamation suit against The Associated Press