Current:Home > NewsBreakfast is the most important meal of the day. With inflation, it's also expensive. See costs-LoTradeCoin
Breakfast is the most important meal of the day. With inflation, it's also expensive. See costs
View Date:2025-01-11 07:35:02
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! (55)
Related
- Justine Bateman feels like she can breathe again in 'new era' after Trump win
- State of the Union guests spotlight divide on abortion and immigration but offer some rare unity
- Starbucks launches spring menu, including 2 new iced lavender drinks
- These Hidden Gems From Kohl’s Will Instantly Make You Want to Shop There Again
- Seattle man faces 5 assault charges in random sidewalk stabbings
- Platform Mini Boots Are Your Perfect Shoe for In-Between Weather: From UGG to $27 Finds
- Massachusetts bill aims to make child care more accessible and affordable
- Houthi attack on ship off Yemen kills at least 3 people as Iran says it's seizing an oil shipment
- Sydney Sweeney Slams Women Empowerment in the Industry as Being Fake
- Lawyers say a trooper charged at a Philadelphia LGBTQ+ leader as she recorded the traffic stop
Ranking
- Texas man accused of supporting ISIS charged in federal court
- Judge denies Trump relief from $83.3 million defamation judgment
- 17-year-old boy dies after going missing during swimming drills in the Gulf of Mexico
- US applications for jobless claims hold at healthy levels
- Queen Elizabeth II's Final 5-Word Diary Entry Revealed
- Paige DeSorbo Says Boyfriend Craig Conover Would Beat Jesse Solomon's Ass for Hitting on Her
- Additional child neglect charges filed against the mother of a missing Wisconsin boy
- Law-abiding adults can now carry guns openly in South Carolina after governor approves new law
Recommendation
-
A growing and aging population is forcing Texas counties to seek state EMS funding
-
Lace Up, These Hoka Sneaker Deals Won’t Last Long & You Can Save Up to 51%
-
Gal Gadot announces the birth of her fourth daughter: Ori
-
Kristin Cavallari Shares the Signs She Receives From Her Brother 8 Years After His Death
-
Jeep slashes 2025 Grand Cherokee prices
-
Inter Miami vs. Nashville SC in Champions Cup: Will Messi play? Live updates, how to watch.
-
What to know about Kate Cox: Biden State of the Union guest to spotlight abortion bans
-
Jake Paul will fight Mike Tyson at 80,000-seat AT&T Stadium, home of the Dallas Cowboys