Independence Day Weekend is coming up and many families will have to decide if they’d rather have fireworks or patties on the grill.
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With inflation seemingly not slowing down in our economy, gasoline prices aren’t the only thing that is just too expensive. Food prices have also skyrocketed, especially since last year when the White House proudly tweeted out that July 4 cookouts would cost $0.16 less than 2020’s.Planning a cookout this year? Ketchup on the news. According to the Farm Bureau, the cost of a 4th of July BBQ is down from last year. It’s a fact you must-hear(d). Hot dog, the Biden economic plan is working. And that’s something we can all relish. pic.twitter.com/7h9qLauIbC
— The White House (@WhiteHouse) July 1, 2021
This year’s tune is much different. The American Farm Bureau Federation came out with a report on the latest on how inflation is going to effect your grocery store receipt this year.
The average cost for a cookout for ten people will add up to a total of $69.68 which is a 17% increase from last year’s overall prices. That amounts to right under $7 per person to get a plate.These foods include July 4th staples like hamburger buns, beef, cheese, chips, ice cream, lemonade and potato salad. For ten people, the average prices for a cookout in the last two years were $59.66 in 2020, and $59.50 in 2021.This year’s 4th of July picnic basket comes in at $69.68. Here's how much your favorite foods will cost this Independence Day ? pic.twitter.com/PSEXIyW787
— American Farm Bureau (@FarmBureau) June 27, 2022
The largest individual price change comes from ground beef with an overall increase of 36% for two pounds. At a close second place, expect to pay an extra 33% for two pounds of chicken breasts.
