Firmitas

Food Price Inflation 2022-2024


Revision 2
© 2024 by Zack Smith. All rights reserved.

Food price inflation rates

Below is a table showing summer 2022 and summer 2024 food prices from the USA, and per-item inflation rates, followed by an average rate.

The column Summer 2022 Price is what I actually paid, based on my food delivery receipts from one particular supermarket, from June 1st to August 1st. I recently found that I retained five PDFs that list everything I bought and the prices. The prices of the items that I bought were stable during that period.

The PDFs had clickable food names, so it was trivial to pull up the current (summer 2024) prices for each of the items at the same store, which you see in the Summer 2024 Price column.

I've separated out non-food items like toothpaste below this table and I don't include them in the average food price inflation number.

Product Summer 2022 Price Summer 2024 Price Inflation Rate
Amy's Organic Soups (several kinds) 14.3oz $2.61 $3.83 46.74%
Amy's Pad Thai Frozen Meal $5.13 $6.16 20.08%
Barilla ProteinPlus Farfalle 14.5 oz $2.00 $2.62 31.00%
Barilla ProteinPlus Spaghetti Pasta 14.5oz $2.25 $2.62 16.44%
Birds Eye Steamfresh Selects Whole Grain Brown Rice 10oz $1.36 $1.37 0.74%
Butterball Lean Oven-Roasted White Turkey 16oz $3.90 $4.36 11.79%
C2O Pure Coconut Water 17.5oz $2.04 $1.84 -9.80%
Crystal Geyser Alpine Spring Natural Water 1gal $1.11 $1.44 29.73%
Dave's Killer Bread 21 Whole Grains & Seeds Organic Bread $5.75 $6.22 8.17%
Diamond of California Shelled Walnuts 16oz $7.19 $7.26 0.97%
Florida's Natural No Pulp 100% Premium Florida OJ 52oz $3.28 $3.49 6.40%
Fresh Blackberries 6oz $2.60 $2.68 3.08%
Fresh Broccoli Crowns avg 0.6lb $1.32 $0.97 -26.52%
Fresh Bunch of Bananas, Avg. 2.57 lbs $1.01 $1.25 23.76%
Fresh Corn, each $0.43 $0.34 -20.93%
Fresh Large Hass Avocado, each $2.04 $1.84 -9.80%
Fresh Raspberries, 6 oz $3.07 $3.61 17.59%
Garlic Pod, Each $0.52 $0.71 36.54%
Ghirardelli 100% Unsweetened Cocoa Powder Baking 8oz $4.31 $5.18 20.19%
Laura Scudders Old Fashioned Nutty Peanut Butter 16oz $3.56 $5.08 42.70%
Lindt Classic Recipe Milk Chocolate Bar 4.4oz $2.42 $3.50 44.63%
Manischewitz Blackberry Wine 750mL $3.56 $3.63 1.97%
Mezzetta Napa Valley Homemade Marinara Sauce 24.5oz $4.49 $4.14 -7.80%
Midtown Pizza Co. Amalfi Coast Pizza 13.8oz $6.18 $6.76 9.39%
Midtown Pizza Co. Cherry Tomato & Spinach 14.5oz $6.18 $6.76 9.39%
Monteli Organic Roasted Vegetable Pizza 14.46oz $6.58 $6.53 -0.76%
Mountain Valley Spring Water 33.8oz $2.02 $3.41 68.81%
Nature's Own Thick-Sliced Soft Rye Bread 22oz $3.34 $3.68 10.18%
Oroweat Jewish Rye Bread 16oz $3.85 $4.41 14.55%
San-J Tamari Gluten Free Soy Sauce 10oz $2.43 $4.66 91.77%
Store Brand 100% Montmorency Tart Cherry Juice 46oz $4.61 $4.66 1.08%
Store Brand All-Natural Crunchy Peanut Butter Unsalted 18oz $3.07 $3.62 17.92%
Store Brand Chopped Salad Kit - Sweet Thai $4.00 $4.14 3.50%
Store Brand Creamy Creations Dulce de Leche Ice Cream 1pt $2.04 $2.48 21.57%
Store Brand Deli Roasted Garlic Hummus 8oz $2.57 $3.10 20.62%
Store Brand Deli Vegan Naan Flatbread - Garlic $2.63 $3.00 14.07%
Store Brand Essential Grains Jewish Rye Bread 16oz $2.78 $3.31 19.06%
Store Brand Frozen Mango, Papaya & Strawberries 16oz $2.66 $2.68 0.75%
Store Brand Frozen Raspberries 12oz $3.07 $4.12 34.20%
Store Brand Grade AA Cage Free Large White Eggs 18ct $4.45 $5.11 14.83%
Store Brand Low Fat 1% Milk 1gal $4.41 $3.61 -18.14%
Store Brand Olive Oil Popcorn 5oz $2.14 $3.10 44.86%
Store Brand Organics 100% Unsweetened Cocoa Powder 8oz $4.61 $4.66 1.08%
Store Brand Organics Dijon Mustard 9oz $2.53 $2.08 -17.79%
Store Brand Organics Solid Pack Pumpkin 15oz $2.08 $2.60 25.00%
Store Brand Raisin & Date Muesli 16oz $3.07 $3.41 11.07%
Store Brand Restaurant Style 50/50 Shredded Cheese Blend 8oz $2.86 $2.89 1.05%
Store Brand Salad Kit - Classic Caesar $4.00 $3.62 -9.50%
Store Brand Sushiya California Roll w/Cauliflower 10pc $6.68 $6.75 1.05%
Store Brand Swiss & Gruyere Shredded Cheese 6oz $2.86 $2.89 1.05%
Store Brand White Cheddar Popcorn, 4 oz $2.14 $3.10 44.86%
Sun-Maid Golden Raisins 12oz $3.93 $4.66 18.58%
Swoon by Store Brand Vanilla Ice Cream 1pt $3.58 $4.14 15.64%
White Mountain Bulgarian Whole Milk Probiotic Yogurt 16oz $2.80 $2.83 1.07%

The average of the above inflation rates

In reality, in a typical food delivery order I bought more of some items than others, so the impact of inflation on the typical order would not be exactly 14%, but it would probably not be too different. A more accurate assessment of food price inflation would have to compare two typical grocery delivery order totals with accurate per-item quantities. For instance I would often buy 3 or 4 gallons of spring water per order.
Average Food Inflation Rate 14.05%

Health products inflation

Product Summer 2022 Price Summer 2024 Price Inflation Rate
Dr. Bronner's All-One Toothpaste - Cinnamon 5oz $5.56 $7.77 39.75%
Grisi Neutral Hypoallergenic Soap 3.5oz $1.15 $1.16 0.87%
Nature's Bounty Glucosamine Chondrotin Complex Caps 110ct $14.15 $16.47 16.40%
Store Brand Sublingual B-12 Tablets 5000 mcg 60ct $9.12 $9.24 1.32%
Q-tips Cotton Swabs Travel Size 30ct $1.00 $1.53 53.00%

Cleaning and toiletry products inflation

Product Summer 2022 Price Summer 2024 Price Inflation Rate
Angel Soft White Toilet Paper 16 Mega Rolls $10.27 $10.98 6.91%
Bounty Essentials Select-A-Size White Paper Towels 6 Rolls $8.62 $9.33 8.24%
Cascade Free & Clear Dishwasher Lemon Detergent Gel 60oz $6.16 $5.66 -8.12%
Hill Country Fare Distilled White Vinegar 64oz $2.04 $2.85 39.71%
Libman Nitty Gritty Roller Mop $13.37 $14.02 4.86%

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