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Shoppers say they want sustainable goods, but won't pay more
(www.reuters.com)
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this post was submitted on 09 Sep 2023
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Groceries is that area in a budget that you can adjust to 'scrape by' so it can feel sensitive to price fluctuations more than other things. It's also a $2400+ a year, which is not nothing and is in fact quite a lot for a lot of people. Psychologically it feels like getting kicked in the dick by the economy when I go grocery shopping. I adapt, but it hurts.
Groceries are 6.5-8% of my net income. If I spent the same amount on monthly food that my friends spend it'd be around 15%-20% which would put me in the negative each month. So I also think there is something in here about lifestyle or socioeconomic status which translates into grocery spend.
But not to be totally discouraging... I might not be able to eat well every day, but I can eat well periodically and still hit my budget.