Current:Home > StocksBreakfast is the most important meal of the day. With inflation, it's also expensive. See costs -NextFrontier Finance
Breakfast is the most important meal of the day. With inflation, it's also expensive. See costs
PredictIQ View
Date:2025-04-10 05:54:12
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! (1)
Related
- New Orleans mayor’s former bodyguard making first court appearance after July indictment
- India launches spacecraft to study the sun after successful landing near the moon’s south pole
- 50 Cent throws microphone into crowd, reportedly hitting concertgoer: Video
- Labor Day return to office mandates yearn for 'normal.' But the pre-COVID workplace is gone.
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Adam Driver slams major studios amid strike at Venice Film Festival 'Ferrari' premiere
- Before summer ends, let's squeeze in one last trip to 'Our Pool'
- Lionel Messi, Inter Miami face Los Angeles FC in MLS game: How to watch
- A South Texas lawmaker’s 15
- What is compassion fatigue? Experts say taking care of others can hurt your mental health.
Ranking
- Kansas City Chiefs CEO's Daughter Ava Hunt Hospitalized After Falling Down a Mountain
- LED lights are erasing our view of the stars — and it's getting worse
- Is this the last season of normal college football? | USA TODAY 5 Things podcast
- Mohamed Al Fayed, whose son Dodi was killed in 1997 crash with Princess Diana, dies at 94
- Sonya Massey's father decries possible release of former deputy charged with her death
- Some businesses in Vermont’s flood-wracked capital city reopen
- Shopping center shooting in Austin was random, police say
- Ukrainian students head back to school, but not to classrooms
Recommendation
Charges: D'Vontaye Mitchell died after being held down for about 9 minutes
1 killed, 6 injured in overnight shooting at a gathering in Massachusetts
Stormy conditions leave thousands stranded at Burning Man Festival
Workers are finally seeing real wage gains, but millions still struggle to pay the bills
Immigration issues sorted, Guatemala runner Luis Grijalva can now focus solely on sports
Texas A&M freshman WR Micah Tease suspended indefinitely after drug arrest
Glowing bioluminescent waves were spotted in Southern California again. Here's how to find them.
‘Margaritaville’ singer Jimmy Buffett, who turned beach-bum life into an empire, dies at 76