A Boring Dystopia

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80% of Americans say grocery costs have notably increased since the pandemic started, survey finds (www.cnbc.com)

submitted 2 months ago by [email protected] to c/[email protected]

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[–] [email protected] 5 points 2 months ago (1 children)

That was my first guess as well. People who are wealthy enough to both a) not be affected by it will generally be wealthy enough to not do their own shopping.

[–] [email protected] 2 points 2 months ago (1 children)

I was thinking more like people who live at home with their parents, and their parents buy the food. The top 20% of earners start at $80,000/year and those folks are certainly seeing the impact.

[–] [email protected] 4 points 2 months ago (1 children)

The top 20% of earners start at $80,000/year

Jeez...I knew it was bad. But I didn't realize it was that bad.

I'm not questioning or anything. Just interested in knowing where you got that number from.

[–] [email protected] 2 points 2 months ago

Sure thing, I was quoting this article: https://www.usatoday.com/money/blueprint/investing/are-you-upper-middle-class/

Bear in mind that's individual income. If you're looking at family income it's around 130k (per the latest census data).

My household makes more than that and the grocery prices are still hitting us hard. Went from spending ~$150/month to spending almost that much per week. We're not eating steaks or anything and we cook from scratch. It's wild.