• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

MacKenzie Scott, Melinda French Gates, and Lauren Sánchez Bezos are rewriting the rules of billionaire giving—one quietly, one strategically, one very publicly

2

Current price of silver as of Tuesday, July 14, 2026

3

Summer camps remain a battleground over what it means to be American

1

MacKenzie Scott, Melinda French Gates, and Lauren Sánchez Bezos are rewriting the rules of billionaire giving—one quietly, one strategically, one very publicly

2

Current price of silver as of Tuesday, July 14, 2026

3

Summer camps remain a battleground over what it means to be American
Personal FinanceInflation

Grocery costs have skyrocketed in the past year. Here’s how families are coping with inflated prices

Kaitlyn Koterbski
By
Kaitlyn Koterbski
Kaitlyn Koterbski
Personal Finance Expert
Down Arrow Button Icon
Kaitlyn Koterbski
By
Kaitlyn Koterbski
Kaitlyn Koterbski
Personal Finance Expert
Down Arrow Button Icon
August 5, 2022, 11:36 AM ET
Young African American couple coming back from the supermarket and unpacking shopping bags.
The cost of eating at home has increased by 12.2% over the past year. MixMedia/Getty Images
Add Fortune on Google for similar content.

Grocery prices increased 12.2% in the past year—the largest spike since 1979, according to the Bureau of Labor Statistics.

Coupled with the rising costs of just about everything else, families have started making hard choices: 44% of Americans have cut back on their grocery budget in the past three months as a result of inflation and higher prices, according to a new study by Datassential, a food-focused data analytics firm. For families like Kasia Polep’s, this means relying on food pantries to feed their families. 

“I have found a church that does a weekly food pantry that gives out mainly produce, which helps out a lot,” says Polep, a 41-year-old full-time caregiver from Illinois. Polep and her husband care for their four children and her adult brother, who has multiple sclerosis, so their budget was already stretched thin before prices started rising. Inflation has made it even more difficult for them to get by.

But it’s not just Polep—nearly all shoppers are feeling the burn: 80% say the increase in the price of groceries is noticeable, according to the study. Over half of those surveyed, 61%, plan to change their shopping habits, with women and baby boomers being most likely to implement new money-saving strategies.  

“To cut costs, I haven’t been buying things that aren’t absolutely necessary,” says Debbie Szenda, a 53-year-old day-care owner in Illinois. She has started replacing national name brands with store brands for must-buy items. 

Nearly 40% of respondents save money shopping at stores like ALDI, as opposed to pricier national chains. Financial blogger Lauren Greutman is one of them. And she swears by couponing, a tactic over 36% of consumers surveyed by Datassential also implement while shopping. 

Polep recently began scouring ads from multiple stores for coupons to get the lowest price available for each product she needs, as all major food groups have increased in price this year, according to government data. 

She grocery shops strategically for her family. “When there is a sale on meat, I buy extra and put it in the freezer,” says Polep. She’s not alone: 23% of survey respondents do the same thing. Some families, including Polep’s, are even replacing meat with high-protein vegetarian options to reduce costs. 

“We are doing more [meals] without meat, since that’s one of the biggest jumps in price,” she says. Indeed, poultry costs have increased 17.3% from a year ago, according to the U.S. Department of Agriculture Economic Research Service. 

“Basically, there is no more making a list of what we’re going to have for meals. It’s more on a day-to-day basis of, ‘What do we have? What can I make out of what we have?’” says Polep. “Truly it’s about one day at a time. If we are here tomorrow, it’s a beautiful day.”

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.

About the Author
Kaitlyn Koterbski
By Kaitlyn KoterbskiPersonal Finance Expert
LinkedIn icon

Kaitlyn Koterbski earned a bachelor's Degree from the University of Wisconsin-Madison in personal finance with an emphasis in financial planning and a certificate in entrepreneurship. She currently works as an accounting assistant at WHR Global.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Personal Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Personal Finance

Man speaks into a microphobe
Investingearnings
An SEC email address mix-up is causing confusion and threatening to disrupt its proposal to scrap quarterly reporting requirements
By Amanda GerutJuly 14, 2026
1 hour ago
What is dwelling coverage in home insurance?
Personal FinanceInsurance
What is dwelling coverage in home insurance?
By Joseph HostetlerJuly 14, 2026
5 hours ago
r
CommentaryFDA
Trust in the FDA is collapsing. It’s time to get really transparent about our food and our drugs
By Jeffrey Sonnenfeld, Megan Ranney, Sten Vermund, Patricia Greenstein and Steven TianJuly 14, 2026
6 hours ago
How a home insurance deductible works, and how to choose the right one
Personal FinanceInsurance
How a home insurance deductible works, and how to choose the right one
By Joseph HostetlerJuly 14, 2026
11 hours ago
Top CD rates today, July 14, 2026: Lock in up to up to 4.40%
Personal FinanceBanks
Top CD rates today, July 14, 2026: Lock in up to up to 4.40%
By Glen Luke FlanaganJuly 14, 2026
12 hours ago
Current price of gold as of July 14, 2026
Personal Financegold prices
Current price of gold as of July 14, 2026
By Danny BakstJuly 14, 2026
12 hours ago

Most Popular

MacKenzie Scott, Melinda French Gates, and Lauren Sánchez Bezos are rewriting the rules of billionaire giving—one quietly, one strategically, one very publicly
Newsletters
MacKenzie Scott, Melinda French Gates, and Lauren Sánchez Bezos are rewriting the rules of billionaire giving—one quietly, one strategically, one very publicly
By Sydney LakeJuly 14, 2026
8 hours ago
Current price of silver as of Tuesday, July 14, 2026
Personal Finance
Current price of silver as of Tuesday, July 14, 2026
By Joseph HostetlerJuly 14, 2026
15 hours ago
Summer camps remain a battleground over what it means to be American
North America
Summer camps remain a battleground over what it means to be American
By Seth T. Kannarr, Derek H. Alderman and The ConversationJuly 13, 2026
1 day ago
The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents
Innovation
The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents
By Sasha RogelbergJuly 12, 2026
3 days ago
Current price of oil as of July 13, 2026
Personal Finance
Current price of oil as of July 13, 2026
By Joseph HostetlerJuly 13, 2026
2 days ago
United States' $39 trillion national debt will mean fewer jobs at lower wages for Gen Z, according to think tank
Economy
United States' $39 trillion national debt will mean fewer jobs at lower wages for Gen Z, according to think tank
By Eleanor PringleJuly 14, 2026
14 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.