Inflation has been the culprit of many aspects of our lives increasing in price, including groceries. The cost of filling our shopping baskets is climbing, and some items will most likely increase more this year. According to the U.S. Department of Agriculture’s recent report, although food prices will continue to rise this year, they will be at a slower rate than in 2023. The department predicts that food prices will increase by 2.9 percent compared to the 5.8 percent increase last year. The cost of groceries is expected to rise 1.6 percent. In 2023, it rose by 5.2 percent.

Understanding which foods are likely to take a bigger bite out of your budget in 2024 can help you plan better and maybe save a few dollars.

Meat and Poultry

The meat section, a staple in many diets, is expected to see significant price hikes. The USDA predicts the cost of meat will rise by 5.6 percent. From beef to chicken, the costs are driven up by various factors, including rising feed prices, labor challenges, and an ever-growing global demand. This year, don’t be surprised if your favorite cuts come with a heftier price tag. A great alternative, packed with protein, is dried beans.

Dairy

Dairy products, from milk to cheese, are anticipated to see an uptick in prices due to the increasing costs of production and transportation. Fortunately, eggs, which saw an increase in cost in 2023, are expected to be cheaper this year. According to the USDA, the cost of eggs is predicted to drop by 14.7 percent.

Fruits and Veggies

Your daily dose of vitamins and fiber might come at a premium this year. Fresh fruits and vegetables are subject to the weather and the complexities of global trading, translating to potential price increases in the produce aisle. Save money by opting for frozen fruit and vegetables.

Coffee and Tea

For many, the day doesn’t start without a cup of coffee or tea. Unfortunately, these beloved beverages are not immune to price hikes. Climate change and the delicate nature of these crops mean that your morning ritual might become pricier.

Grains and Baked Goods

Bread, pasta, and other grain-based products are also expected to see price increases. Factors like climate events affecting grain production and the cost of milling and transportation will impact your favorite carbohydrate sources.

Coping with the Costs

While the predictions might seem scary, there’s always a silver lining. Smart shopping strategies, like buying in bulk, choosing store brands, or opting for frozen or canned alternatives, can help mitigate the impact on your wallet.