Grocery Prices: A State-by-State Breakdown
Fresno News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Grocery prices have surged nearly 30% since 2019, outpacing income growth. A WalletHub report ranks states by the share of median income spent on groceries. Mississippi tops the list at 2.6%, despite having the nations 6th cheapest groceries due to low income. Southern states dominate the top 10, while Northeastern states spend the least, with Massachusetts and New Jersey at 1.51%. California ranks 41st at 1.66%, benefiting from its high median income. The analysis underscores that low-income areas feel the grocery price increase most, and rising oil costs could exacerbate the situation.
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