Current:Home > InvestBreakfast is the most important meal of the day. With inflation, it's also expensive. See costs -Ascend Wealth Education
Breakfast is the most important meal of the day. With inflation, it's also expensive. See costs
SafeX Pro Exchange View
Date:2025-04-11 11:09:48
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! (63745)
Related
- Average rate on 30
- Abortion providers seek to broaden access to the procedure in Indiana
- From loons to a Lab.: Minnesota's state flag submissions do not disappoint
- This Golden Bachelor Fan-Favorite Reveals She Almost Returned After Her Heartbreaking Early Exit
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Hungary’s Orbán says negotiations on Ukraine’s future EU membership should not move forward
- Bachelor Nation's Rachel Lindsay Details Family Plans and Journey With Husband Bryan Abasolo
- Omegle shuts down online chat service amid legal challenges
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Harry Styles Debuts Shaved Head During Las Vegas Trip With Taylor Russell
Ranking
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Awkward in the NL Central: Craig Counsell leaving for Cubs dials up rivalry with Brewers
- 'Women Tell All' brings 'Golden Bachelor' confessions: But first, who did Gerry send home?
- Former New Mexico State players charged with sex crimes in locker-room hazing case
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Class-action lawsuit alleges unsafe conditions at migrant detention facility in New Mexico
- Historic: NWSL signs largest broadcast deal in women's sports, adds additional TV partners
- Virginia school system says ongoing claim of sex assaults on school grounds was fabricated
Recommendation
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
FBI Director Christopher Wray and government's landlord in dustup over new FBI headquarters
Jewish refugees from Israel find comfort and companionship in a countryside camp in Hungary
AP Week in Pictures: North America
The Best Stocking Stuffers Under $25
Shawn Mendes Strips Down at the Beach With Big Brother UK’s Charlie Travers
America Ferrea urges for improved Latino representation in film during academy keynote
Nonbinary teacher at Florida school fired for using 'Mx.' as courtesy title