She posted a video comparing the prices of the groceries in 2020 with the exact same items in 2023 and there was a huge difference in many items.
If you have set foot in a grocery store lately, you might have seen the skyrocketing prices of products compared to last year. Things are more expensive than ever and it is getting harder for the masses to purchase resources. Comparing December to November, consumer prices have fallen by 0.1%. But the costs of many Americans' favorite goods haven't changed. At times, it is hard to tell whether the prices have gone up or not unless you've been keeping receipts of your spending and comparing costs to figure out how much you're shelling out for day-to-day products. Thankfully, a lady on Tiktok has done the work for you. (@Amywaytosave) posted a video comparing the prices of the groceries in 2020 with the exact same items in 2023.
In the video, which has garnered over 2 million views, she says, "Toward the end of 2020, I went to Walmart and I purchased all of these things for $10.09. And I made a week's worth of meals for one person." There is another video she posted 2 years ago on YouTube, talking about how she turned these items into a week's worth of meals for one person. She continues her TikTok, saying, "At the beginning of 2022, there was a lot of talk about inflation at the grocery store. So, I went back and purchased all of the same things and they cost me about 10% more." When she came to buy the same items in 2023, the prices had significantly gone up.
"This week, I went back again and purchased those same items. Now, they cost $15.10, which is about 50% more than the prices at the end of 2020." A person in the comments section questioned Amy about the eggs, saying that it's what really killed her and she replied, "Excluding the eggs, it's a 38% increase in prices from 2020." Speaking to Buzzfeed, Amy said that she decided to do this comparison because every time she went shopping, the bill was always getting higher. "I'm a couponer, so I pay attention to prices and have many prices memorized. Lately, every time that I go to the grocery store, I notice price increases and that prompted me to do another price comparison video."
The eggs being expensive wasn't a surprise for her since there was another item that completely shocked her. "The price increase that surprised me the most was on dried pinto beans. It seems like a one-pound bag of pinto beans has been $1 forever. The price only went up by 24 cents to $1.24, but dried beans are so cheap, to begin with, that 24 cents higher meant a 24% price increase!" She added, "Rice and beans are the stereotypical budget foods. They both went up in price since last year." Amy's social handles are all about saving money and making better financial choices. Also, she shared a list of ways to reduce your grocery bill.
"Most stores now have digital coupons that you can clip to your account and will automatically come off at the register," she says. "If that option isn't available at your grocery store, the Coupons.com app provides a coupon reimbursement when you upload your receipt." She also suggested using Ibotta and Fetch Rewards. "Rebate apps provide reimbursement on a wide variety of food and household goods. Many of them are easy to use, and you simply need to upload a receipt to earn cash back or gift cards." Since grocery prices don't seem to lower soon, we urge you to be mindful of what you buy so that it's all balanced and planned out.