For example, Walmart had the most expensive eggs in each city - even pricier than Trader Joe’s, which was the most expensive grocer overall.įor a retailer that touts low prices, dramatically increasing the price of a highly “visible” item like eggs might seem like an odd choice, says Francesco D’Acunta, assistant professor of finance at Boston College who co-authored the paper “How Grocery Prices Influence Consumers’ Inflation Expectations.”īut at a time when consumers are braced for soaring prices by feverish media coverage, they might chalk up the higher price point to inflation and be less likely to shop around or fault the retailer. Some items, like eggs, cost more at WalmartĬertain items were surprisingly expensive at other retailers, though. Walmart and Target had comparable prices, and Aldi was the least expensive retailer. The average cost of a five-pound bag of flour and a loaf of white bread at Trader Joe’s was almost double what it was at the other three retailers. That was more than double the price at Aldi, Target, and Walmart. of boneless, skinless chicken breasts across the three Trader Joe’s locations we checked came in at almost $19. Several staples were considerably more expensive at Trader Joe’s than they were at other grocersįor example, the average price of 3 lbs. While the prices for some items like bananas, milk and cheese were comparable to those at the other retailers we checked, there were certain outliers, like bread and chicken, that made the bill at Trader Joe’s notably more expensive. Regardless of region, grocery costs were usually highest at the popular supermarket chain. Trader Joe’s is known for one-of-a-kind steals such as its “Two Buck Chuck” wine, but it ended up being the priciest retailer of the four we visited. Trader Joe’s was the most expensive across the board There were, however, wider discrepancies in the price of individual items from retailer to retailer. “High transportation costs, raw material, and input prices are more national in character,” he says, and drive costs up. citiesĬonsistency could be attributed to the fact that retailers, regardless of region, are facing similar hurdles, says Zain Akbari, an equity analyst at Morningstar. The average price of a basket of 13 kitchen staples is surprisingly consistent across the suburbs of 3 major U.S. But that was only 25 cents more than the average for our reporter in Hudson County, New Jersey, outside New York City, and only $1.08 more than the basket for our reporter in Corona, California outside Los Angeles. The average price of our grocery list was highest in Dekalb, Illinois - a suburb of Chicago - at $46.07.
#Compare food store zip
In big city suburbs, prices are surprisingly consistentĭespite some wide variations for specific products among grocers and zip codes, the final cost of those baskets ended up being within $1 of one another.
Reporters were sent out in three separate locations to shop for a basket of 13 kitchen staples in the suburbs of New York, Chicago, and Los Angeles, at four national grocers: Aldi, Target, Trader Joe’s, and Walmart. Grocery prices in March of 2022 were 10% higher than they were during the same month last year. Inflation continues to drive the cost of groceries higher and higher, according to data from the Bureau of Labor Statistics.
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