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New survey makes disheartening discovery about grocery costs — here's what 9 in 10 Americans said

It is particularly disheartening given the tremendous amount of food people throw away.

Americans are feeling the squeeze when it comes to their grocery bills.

Photo Credit: iStock

Inflation is making just about everything more expensive, but Americans are especially feeling the squeeze at the supermarket, according to a survey.

What's happening?

Business Insider asked its readers which consumer spending categories they had noticed price increases in over the last month or two. Groceries topped the list, with nine out of 10 respondents saying they were paying more for food of late.

Sticker shock at the grocery store is particularly disheartening given the tremendous amount of food people throw away. About 38% of all food in the U.S. goes unsold or uneaten, according to Feeding America

Most food waste that is not composted winds up in landfills, where it releases planet-warming methane gas.

Rising global temperatures contribute to inflated food prices, as severe weather events damage crops and lead to reduced food supplies.

Grocery prices have also increased for a number of other reasons, including coronavirus pandemic-related supply chain issues; Russia's invasion of Ukraine, a major grain supplier; and U.S. tariffs on imported items, according to NPR.

Why are rising grocery costs concerning?

Rising grocery prices can have negative health and economic effects. Nearly half of Americans consider healthy foods to be expensive, according to the Cleveland Clinic, leading them to reach for cheaper, processed alternatives.

Plus, as people spend more of their paychecks on groceries, they have less money left over for other expenses. This decrease in consumer spending reverberates throughout the economy, making it more difficult for businesses and their employees to thrive.

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What's being done about the price of groceries?

While the Federal Reserve tinkers with interest rates to try to curb inflation in the long run, consumers have many options for obtaining affordable groceries in the short term. 

For example, Martie offers discounted groceries and other products, with up to 80% off brand-name goods.

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Some people fight food waste while snagging free groceries by dumpster diving, or salvaging items that restaurants and grocery stores have thrown in the trash.

Martie helps ensure that these products never make it into the trash in the first place by selling brands' overstock and surplus inventory at highly reduced prices.

Get TCD's free newsletters for easy tips to save more, waste less, and make smarter choices — and earn up to $5,000 toward clean upgrades in TCD's exclusive Rewards Club.


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