Current:Home > StocksBreakfast is the most important meal of the day. With inflation, it's also expensive. See costs -Excel Wealth Summit
Breakfast is the most important meal of the day. With inflation, it's also expensive. See costs
View
Date:2025-04-25 20:23:16
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! (8859)
Related
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Full transcript of Face the Nation, July 23, 2023
- The EPA says Americans could save $1 trillion on gas under its auto emissions plan
- Honoring Bruce Lee
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Corn-Based Ethanol May Be Worse For the Climate Than Gasoline, a New Study Finds
- A U.K. agency has fined TikTok nearly $16 million for handling of children's data
- AI companies agree to voluntary safeguards, Biden announces
- Average rate on 30
- Banks are spooked and getting stingy about loans – and small businesses are suffering
Ranking
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Kathy Griffin Fiercely Defends Madonna From Ageism and Misogyny Amid Hospitalization
- Vivek Ramaswamy reaches donor threshold for first Republican presidential primary debate
- The math behind Dominion Voting System's $1.6 billion lawsuit against Fox News
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Inside Clean Energy: A Geothermal Energy Boom May Be Coming, and Ex-Oil Workers Are Leading the Way
- Child dies from brain-eating amoeba after visiting hot spring, Nevada officials say
- The EPA proposes tighter limits on toxic emissions from coal-fired power plants
Recommendation
Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
How one small change in Japan could sway U.S. markets
UN Report Says Humanity Has Altered 70 Percent of the Earth’s Land, Putting the Planet on a ‘Crisis Footing’
The $1.6 billion Dominion v. Fox News trial starts Tuesday. Catch up here
Bill Belichick's salary at North Carolina: School releases football coach's contract details
Chrissy Teigen Gushes Over Baby Boy Wren's Rockstar Hair
The EPA proposes tighter limits on toxic emissions from coal-fired power plants
Warming Trends: British Morning Show Copies Fictional ‘Don’t Look Up’ Newscast, Pinterest Drops Climate Misinformation and Greta’s Latest Book Project