Current:Home > InvestBreakfast is the most important meal of the day. With inflation, it's also expensive. See costs -WealthMindset Learning
Breakfast is the most important meal of the day. With inflation, it's also expensive. See costs
View
Date:2025-04-16 07:47:34
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! (63435)
Related
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- MLB Winter Meetings: Live free agency updates, trade rumors, Shohei Ohtani news
- Kate Middleton Channels Princess Diana With This Special Tiara
- Denny Laine, founding member of the Moody Blues and Paul McCartney’s Wings, dead at 79
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- FBI chief makes fresh pitch for spy program renewal and says it’d be ‘devastating’ if it lapsed
- Missed student loan payments during 'on-ramp' may still hurt your credit score. Here's why
- Endangered red squirrel’s numbers show decrease this year in southeastern Arizona
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Can anything stop the toxic smog of New Delhi?
Ranking
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Peruvian constitutional court orders release of former President Alberto Fujimori
- Why Savannah Chrisley Hasn’t Visited Her Parents Todd and Julie in Prison in Weeks
- US officials want ships to anchor farther from California undersea pipelines, citing 2021 oil spill
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Copa América 2024 draw is Thursday, here's how it works and how to watch
- With George Santos out of Congress, special election to fill his seat is set for February
- Love Buddy from 'Elf'? This company will pay you $2,500 to whip up a dish inspired by him.
Recommendation
Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
Wasabi, beloved on sushi, linked to really substantial boost in memory, Japanese study finds
Mexican gray wolf at California zoo is recovering after leg amputation: 'Huge success story'
NCAA President Charlie Baker calls for new tier of Division I where schools can pay athletes
Pressure on a veteran and senator shows what’s next for those who oppose Trump
'Past Lives,' 'May December' lead nominations for Independent Spirit Awards
Tyler Goodson, Alabama man who shot to fame with S-Town podcast, killed by police during standoff, authorities say
Six weeks before Iowa caucuses, DeSantis super PAC sees more personnel departures