Food costs are a big deal for most of the world; we're in a place where we spend less on our food than most every other country in the world as a percentage of our income, which is actually pretty nice. Means you have more money for other stuff, but how we got there bothers me sometimes.
The BLS has tracked food prices since 1913, and it's interesting to go through what they track and see how the prices change.
1 cent in 1913 is worth $.24 cents in 2013 and so I've converted all prices to 2013 dollars. if you'd like to see the original 1913 prices, you'll find them
here. The difference between 2013 and 2015 collars is about 4% (average 2% inflation * 2 years)
In no particular order:
Bread in 1913 cost $1.34/loaf. In 2013 a loaf will cost you $1.42. So bread is actually more expensive now than then -- despite our huge investment in automated everything to do with wheat harvests. that's surprising
Flour in 1913 was $0.79/. In 2013, it's $0.52 - flour is cheaper now, but bread is more expensive. Interesting.
Cheese was $5.33 in 1913 -- now it's $5.83 - a little more expensive, but within 10% of the 1913 price.
Butter was $9.82 in 1913, and is now about 1/3rd the price, at $3.501 -- that's a huge decrease!
Coffee was $7.18 in 1913, and is $5.90 today; 20% off. this is surprising because I don't think that coffee harvests are mechanized nearly to the extent that other crops are. Low labor costs?
Potatoes at in 1913 were $0.38/lb - they're closing in a double now. $0.63
Rice at $2.06/lb in 1913 compares to rice at $0.71 now... about 1/3rd the price.
Sirloin steak at $5.7 actually compares pretty well to current prices. Identical price
Pork chops at 4.48 are much more expensive than modern, at $3.46
bacon was more expensive then, at $6.09 vs $4.40 now
Eggs are a bargain in the modern age. 1913 at $8.95/dozen then vs $1.93 today.
Sugar is $1.39/lb in 1913 and .68 cents a pound now.