How Expensive Are Groceries 2024 In Us. Between january 2020 and past january 2024, wholesale prices for food rose by an estimated 22.4%. One measure of inflation, the consumer price index, shows the food index was flat in april compared to the prior month.

Instead, nearly every food group costs more than it did a year ago: The rate of growth for grocery prices substantially cooled last year, falling to 1.3 percent.