Inflation Sticker Shock
There’s no denying that Illinois families are paying outrageous prices at the grocery store. According to the USDA, all food prices rose by 25% between 2020 and 2023, with some household staples reaching even higher. In that same three year span:
- Milk prices rose by 23% (milk averaged $3.32/gallon in 2020)
- Bread prices rose by 28% (white bread averaged $1.54/loaf in 2020)
- Beef prices rose by 31% (ground beef averaged $4.12/lb in 2020)
- Egg prices rose by 46% (eggs averaged $1.51/dozen in 2020)
And look at what we’re seeing in 2024 with these prices shown below! What items are giving you inflation STICKER SHOCK?