Consumer Alert: Inflation is at a 40 year high! Here’s a sure way to get cash back when you buy groceries. | WHEC.com

Consumer Alert: Inflation is at a 40 year high! Here’s a sure way to get cash back when you buy groceries.

Deanna Dewberry
Created: January 12, 2022 05:12 PM

ROCHESTER, N.Y. (WHEC) — Forty years. That's how long it's been since we've experienced this kind of inflation. The numbers out today tell us what anybody who feeds a family already knows. The price of everything is higher. Consumer prices rose 7% in December over last year. That's the biggest jump since 1982. I took a look at some household staples.

Take a look at orange juice. According to Nielsen IQ, in November of 2020, the average price was $3.35. Now we're paying $3.50. That's a 4% increase.

Eggs were $2.33. Now they're $2.63. That's an 11% increase. How about chicken? In November of 2020, the average price was $3.03. Now it's $3.29. That means we're paying 6% more. The price of bread is no better. A loaf was $2.57. Now we're paying 2.80, an 8% jump. The price of a burger has skyrocketed. Ground beef was $5.07 a pound. Now it's $5.95. That's a whopping 15% spike.

And then there's bacon. Ouch. It was $5.33 a pound. Now we're paying $6.47. That's an increase of an eye-popping 18%.

A great way to save money every time you shop is to use a rebate app. I use Ibotta but there are plenty of good ones. Here’s a list:

  1. Ibotta: iOS and Android
  2. Dosh: iOS and Android
  3. Checkout 51: iOS and Android
  4. Coupons.com: iOS and Android
  5. Receipt Hog: iOS and Android

And here’s Deanna’s Do List for saving money at the grocery store:

  1. Shop on Wednesday morning. The new deals will be starting and grocers often continue to honor the old deals the week before.
  2. Find out when your store does meat markdowns.
  3. Tip-toe and squat. That’s because more expensive name brands are usually at eye level. The less expensive products are usually on high or low shelves.
  4. Buy frozen veggies. They’re cheaper, have the same nutritional value, and last longer.
  5. Buy your staples at discount grocers. The Today Show recently released a list of the 13 cheapest grocery stores in the country. We have four of them in the Rochester area: Aldi’s, Walmart, Costco, and Trader Joe’s.


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