Comparison shop to lower grocery bills
If you have been to the grocery store lately, you may have noticed your bill has gone up. Food prices are on the rise. And they will go higher.
Is there anything you can do to keep your grocery bill from soaring?
To save money, you have to know what things cost, and where they are headed.
According to Forbes magazine, now is the time we'll see dairy products start to spike. By Christmas, milk is expected to cost about 25-cents more per gallon.
By next spring you'll see a lot of your meats, specifically beef and poultry, increase in price.
And it's possible your grains and processed foods will start to go up later next year.
Right now, Indiana is seeing some increases. But some items are holding steady, or even dropping in price. "In terms of inflation, it gets moderated to a 2.2% level in the previous quarter," according to Kroger's John Elliott. "In two areas - seafood and produce - we're actually seeing a decrease in trends. It's good to keep track of departments."
Groceries account for seven percent of daily living expenses. The average household should expect to spend $615 more on groceries next year
So how do you save? Now is the time to start a plan of action, and that can start with where you shop.
We picked four of the items expected to go up in price, and four staples: milk, eggs, bread and beef, and did some comparison shopping.
The savings from lowest to highest is about a $3 difference.
We took our list to the popular grocery store chains - Kroger, Marsh, Meijer, Super Wal-Mart and Super Target. I also checked out discount store Aldi, where we found the best savings. We did all of our shopping on Wednesday, and went for the cheapest price.
Here's what we found.
At Aldi, our four items cost a total of $8.28. At Target - $8.67. Kroger - $ 8.94. Wal-Mart ran $ 8.71. Marsh tallied $9.09. And Meijer topped the list at $10.35.
If we used Kroger's rewards card, we would have saved on the 1.49 on our final total, making it the best buy. Marsh also offers a rewards card. Target has a 5% discount with its red card.
You probably know couponing can save you several dollars on your purchases. But also think outside the normal grocery stores. Places like Big Lots and Dollar Tree sell grocery items as well.
There are also websites that will let you comparison shop without ever leaving the house, which saves on gas.