10 Grocery Items That Are Finally Getting Cheaper

Inflation has hit grocery shoppers hard, but these food items are finally becoming more affordable.

Father and daughter shopping at a grocery store
Updated July 11, 2024
Fact checked

We receive compensation from the products and services mentioned in this story, but the opinions are the author's own. Compensation may impact where offers appear. We have not included all available products or offers. Learn more about how we make money and our editorial policies.

Whether you shop just for yourself or to feed a large family, almost every household has felt the sting of higher grocery bills over the past two years.

However, if you have been dreaming of ways to save money on groceries, there is some good news: A handful of food items have finally come down in price.

Look for lower sticker prices on the following foods the next time you shop for groceries. All price data comes from the U.S. Bureau of Labor Statistics. Here are 10 grocery items finally seeing their prices on the decline.

Earn cash back on everyday purchases with this rare account

Want to earn cash back on your everyday purchases without using a credit card? With the Discover®️ Cashback Debit Checking account (member FDIC), you can earn 1% cash back on up to $3,000 in debit card purchases each month!1

With no credit check to apply and no monthly fees to worry about, you can earn nearly passive income on purchases you’re making anyway — up to an extra $360 a year!

This rare checking account has other great perks too, like access to your paycheck up to 2 days early with Early Pay, no minimum deposit or monthly balance requirements, over 60K fee-free ATMs, and the ability to add cash to your account at Walmart stores nationwide.

Don’t leave money on the table — it only takes minutes to apply and it won’t impact your credit score.

Apply for a Discover Cashback Checking account today

Eggs

Brent Hofacker/Adobe raw organic brown eggs

No matter where you buy eggs, the price likely has increased dramatically. By April 2022, the price of eggs had risen 29.8% in one year.

No matter how frugal you are, this can make it more difficult to lower your financial stress. However, prices for eggs were roughly 14.5% lower in October 2023 than they were that time last year.

Coffee

wideonet/Adobe black coffee in white cup with smoke and coffee beans

Coffee is another staple breakfast item that has seen a surge in price. Costs were up by 9.2% year over year in April 2023.

However, java lovers can rejoice in the news that the cost came back down, with prices falling 2.6% in May 2023.

Pork chops

klaikungwon/Adobe grilled pork chop with rosemary on wooden board

Meat in general has gotten very expensive recently. The price of some cuts continues to rise.

However, the cost of bone-in pork chops is coming back down to earth. Prices fell 1.8% year over year in April 2023 and dropped another 2.4% between March and April 2023.

However, since then prices have started to creep back up.

Get a protection plan on all your appliances

Did you know if your air conditioner stops working, your homeowner’s insurance won’t cover it? Same with plumbing, electrical issues, appliances, and more.

Whether or not you’re a new homeowner, a home warranty from Choice Home Warranty could pick up the slack where insurance falls short and protect you against surprise expenses. If a covered system in your home breaks, you can call their hotline 24/7 to get it repaired.

For a limited time, you can get your first month free with a Single Payment home warranty plan.

Get a free quote

Tomatoes

Mara Zemgaliete/Adobe fresh red tomatoes

Fresh produce is healthy and delicious, but it’s getting expensive. Luckily, some produce items are finally seeing prices fall. For example, the cost of tomatoes is finally decreasing and has been for several months.

The average price for a pound of tomatoes in 2022 was $2.23; in September 2023, that price fell to $1.87. That is more than a 16% decrease. 

All-purpose flour

Timmary/Adobe flour spilled out of the bag

The cost of white, all-purpose flour surged 19.1% starting year over year in April 2023. This is a staple pantry item for many people, so a rise in prices adds up.

Fortunately, the price is coming down again. Between March and April 2023, prices decreased by 0.7% — not much, but enough to make it a bit more affordable.

Unfortunately, prices have steadily increased since then. It's not a huge increase but next time there is a price drop this might be one staple that is worth stocking up on. 

Milk

Elena Medoks/Adobe a glass of milk

Milk is another staple grocery item that’s been getting steadily pricier over the past year. The price of milk was up by 13% in 2022 over 2021.

That price decreased throughout 2023. The September 2023 price was roughly 4% less than in 2022.

Ground beef

myviewpoint/Adobe ground beef stewed with tomato sauce

Ground beef has been slowly decreasing in price for quite some time. Specifically, the price decline has been in non-lean, 100% ground beef.

Year over year, the price of this type of ground beef declined by 2.6% in April 2023. It fell an additional 0.5% between March and April 2023.

However, the news is not all good: The total price has started to slowly increase since April 2023. This price could come down in 2024 as the price of ground beef often does early in the year. 

Romaine lettuce

nblxer/Adobe ripe organic green salad Romano

The price of romaine lettuce is going down pretty significantly and has been for quite some time. It fell sharply in April 2023 year over year, down by 12.7%.

In fact, the price came down from December 2022 to September 2023 by 25.41%. Now is a good time to enjoy your next salad or lettuce wrap knowing that your purchase was both healthy and a little cheaper.

Bacon

Viktor/Adobe fried bacon strips on white background

Bacon has been pretty dramatically impacted by inflation over the past few years. The price increased by 22.87% from 2021 to 2022.

However, that price decreased from February 2022 to July 2023 by more than 12%, making it a good time to think about adding your favorite breakfast side back to your table.

Stop overpaying when you shop online

Shopping online has its perks. It's super convenient, but it can be time consuming to find the best deals. Instead of hunting for coupon codes (that don't always work!) and opening tons of browser tabs comparing prices, you can try Capital One Shopping.

Capital One Shopping makes saving money effortless. Just add the browser extension and when you check out, it'll scour the internet for coupon codes to help you save cash. And before you check out at 25+ major retailers, Capital One Shopping will notify you with a friendly pop-up if the item you're buying is available cheaper somewhere else.

Capital One Shopping is free to use and won't show you ads. Add it today and stop overpaying!2

Get Capital One Shopping now

American processed cheese

Shawn Hempel/Adobe edam cheese

American processed cheese soared in price by 14.6% year over year in April 2023.

Since then, however, it has been getting just a bit cheaper, with costs dropping from November 2022 to September 2023 by 1.65%. That's not a huge decrease but it has come down overall. 

Bottom line

monticellllo/Adobe shopping cart with grocery products in a supermarket

It’s no secret that inflation has hit the pocketbook of just about anyone who shops for groceries. However, prices are finally coming down on some items. So, look for foods with falling prices the next time you shop at the grocery store.

Purchasing these items again might help you save money shopping and eliminate some money stress from your life that has been added over the past couple of years.

Lucrative, Flat-Rate Cash Rewards

5.0

Wells Fargo Active Cash® Card

Current Offer

$200 cash rewards bonus after spending $500 in purchases in the first 3 months

Annual Fee

$0

Rewards Rate

Earn unlimited 2% cash rewards on purchases

Benefits and Drawbacks
Card Details

Author Details

Lucy Clark

Lucy Clark has considerable experience writing about real estate, as well as homes and gardens, home value, and more. She is savvy and resourceful, and she aims to ensure others can be, as well.