NewsLocal News

Actions

Grocery costs causing financial stress for most Americans, poll finds

New AP poll reveals only 14% of Americans feel no stress from grocery shopping as food prices continue to rise faster than overall inflation
Grocery
Posted

More than half of all Americans (53%) say the cost of groceries is a major source of stress in their life right now, while 33% say it's a minor source of stress, according to a new poll from the Associated Press-NORC Center for Public Affairs Research.

Only 14% of Americans say the grocery store is not a source of stress.

Grocery prices causing major stress for Americans as food costs outpace inflation

Prices continue to rise and concerns about the impact of President Donald Trump's tariffs remain widespread.

The poll found that other financial stressors, like the cost of housing or the amount of money in their bank accounts are also broadly felt, but they weigh more heavily on younger Americans who are less likely than older adults to have significant savings or own property.

From June 2024 to this year, groceries got more expensive in every category tracked by the Bureau of Labor Statistics.

In fact, at 3%, the cost of food is rising faster than the overall inflation rate, which stands at 2.7%.

This story was reported on-air by a journalist and has been converted to this platform with the assistance of AI. Our editorial team verifies all reporting on all platforms for fairness and accuracy.