Posted BY: tippinsights
American families are spending 15% more than last year on food expenses. How are they coping with the cost increases?
The shocking finding is from the latest the Golden/TIPP Poll of 1,643 Americans completed past Friday.
The poll asked Americans how they were dealing with the higher food costs. While 88% of the survey respondents replied they were making changes, 10% said they had not made changes to their food budgets.
Given an option to choose all that applied, the survey found –
- 50% Buying store brands more often
- 47% Cutting down on high-ticket items (i.e., meats)
- 36% Shopping at bargain stores
- 34% Eating less (portion sizes)
- 23% Skipping meals
- 21% Go to food banks to supplement groceries
- 20% Applied and got federal or state assistance such as SNAP/WIC
- 17% Growing my vegetables
- 2% Other