It’s no secret that the cost of goods and services has risen significantly in recent years. Many Americans feel grocery bills are a major pain point, and for good reason: The average weekly grocery spend increased from $198.60 in 2014 to $264.60 in 2024, reflecting a 33% rise, a recent study by PriceListo determined.
“The rising cost of groceries, which has significantly outpaced wage growth in recent years, is undeniably placing increasing financial pressure on households. This widening gap between living costs and stagnant wages calls for policies that address both inflation and income inequality,” said a spokesperson for the price-monitoring website.
