Sunday, June 23, 2024

Another Monkey Consumer Price Index, 6/16/2024

It's been over eight years since I did one of these. I'm including the previous prices for direct comparison.


Groceries purchased at Weis, 1 Weis Plaza, Nanticoke PA, 6/16/2024

(only staple items listed)


2% milk, Weis, gallon: $4.19 (previous purchase was half-gallon)

Loaf of Maiers Seeded Italian bread: $3.49

3 lb. bag McIntosh apples: $4.99

18 large eggs, Weis: $4.15

72 slices / 3 lb. American cheese: $10.49

Current prices for gallon of gasoline, 87 octane as of 6/22/2024:

Sam's Club, Wilkes-Barre: $3.22

Food Express (formerly Sunoco), Sans Souci Parkway, Hanover Township: $3.40


Previous prices as of 2/2/2016


Gallons and half gallons of milk are not priced the same - full gallons are usually marginally cheaper. Ignoring this, the per-gallon price of milk has increased $1.01 over the past eight years, an increase of about 32%.

The list price of a loaf of bread has gone down fifty cents over eight years.

Apple prices have stayed the same.

The price per egg is now $0.277, compared to $0.216 in 2016, an increase of about 29%.

The price per pound of American cheese is now about $3.50, compared to $5.29 eight years ago, a price drop of more than 33%.

Gas at Sam's Club is now 74% more expensive than it was eight years ago. Gas at the station on the Sans Souci Parkway in Hanover township is 75% more expensive.

It should be noted that apples and bread were both bought on sale in 2016, and the actual price paid was less than the price listed above. Sales are much less frequent today. The bread purchased most recently was on sale, and the actual price paid was $2.88.

While gas is much more expensive, I am using far less of it, since I am currently working from home four days each week.

Let's go back even further, to July 2008. This was one of the first times I did this, and the first one that captured bread and eggs.

Gasoline in 2008 was more expensive than it is today. Milk was slightly less expensive, equal to $3.88 a gallon. List price of eggs was $0.1475 each, and on sale I got them for $0.125 each. Bread was $3.19 for the same size loaf as today - $0.80 less than in 2016, and $0.30 less than 2024.



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