Current:Home > StocksBreakfast is the most important meal of the day. With inflation, it's also expensive. See costs -TradeWise
Breakfast is the most important meal of the day. With inflation, it's also expensive. See costs
View
Date:2025-04-16 11:09:57
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! (57154)
Related
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Country music star to perform at Kentucky governor’s inauguration
- Alabama residents to begin receiving $150 tax rebates
- Democrats lose attempt to challenge New Hampshire electoral district maps
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Connecticut woman claims she found severed finger in salad at Chopt restaurant
- Horoscopes Today, November 30, 2023
- Uncle Sam wants you to help stop insurers' bogus Medicare Advantage sales tactics
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Best picture before bedtime? Oscars announces earlier start time for 2024 ceremony
Ranking
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Death Cab for Cutie, The Postal Service extend 20th anniversary concert tour with 16 new dates
- College Football Playoff scenarios: With 8 teams in contention, how each could reach top 4
- Haslam family refutes allegation from Warren Buffett’s company that it bribed truck stop chain execs
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- 'Christmas at Graceland' on NBC: How to watch Lainey Wilson, John Legend's Elvis tributes
- Kari Lake loses suit to see ballot envelopes in 3rd trial tied to Arizona election defeat
- Gambian man convicted in Germany for role in killings under Gambia’s former ruler
Recommendation
Intellectuals vs. The Internet
Rand Paul successfully used the Heimlich maneuver on Joni Ernst at a GOP lunch
Bills linebacker Von Miller facing arrest for assaulting a pregnant person, Dallas police say
El Salvador’s President Nayib Bukele requests leave to campaign for reelection
See you latte: Starbucks plans to cut 30% of its menu
Texas could be a major snub when College Football Playoff field is announced
Many Americans have bipolar disorder. Understand the cause, treatment of this condition.
3 die in Maine when car goes in wrong direction on turnpike, hitting 2 vehicles