Thrifty Plan up to $570 a month

USDA Cost of Food

Can’t wait for the March numbers to come out. In Feb. 2007 it cost $538 a month to feed a family of 4 on the Thrifty Plan. Now it’s up $32 to $570.

In Feb. 2006 it cost $519. So from 2006 to 2007 it rose only $19. This year it’s risen $32!

 If anyone with more knowlege of mathmatical percentages that myself can figure out the percentages it’s risen, I will post it here for all of us to look at and admire your math skill, while shaking our heads at the undeniable evidence of inflation.

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5 Comments

Filed under Low Cost Foods, Recession

5 responses to “Thrifty Plan up to $570 a month

  1. AnnMarie

    $570 is a 5.95% increase over $538.
    $538 is a 3.66% increase over $519.
    $570 is a 9.83% increase over $519.

    So, to simply it,

    There was a 3.7% increase from 2006 to 2007. There was a 6.0% increase from 2007 to 2008. Overall, there was a 9.8% increase from 2006 to 2008.

    I was a math major in college. I couldn’t resist. I did double-check (luckily, because I misread $510 for $519 which pushed it into the double digits. Fixed that!)

  2. All hail AnnMarie, Local Math Wiz! Hurray! 🙂

    Thank-you Annmarie.

    6% increase this year compared to less than 4% last year. Aha! Evidence of inflation. I knew it!

  3. Well, actually the economist in me would beg you look to a different cause than inflation, because the charts are reading it as still fairly low. The rise in food costs directly coincides with the new federal incentives for ethanol production. It is remarkably inefficient to produce, transport AND use, and has driven the cost of animal feed up close to 15%. That goes directly to the consumer. As long as there is artificially induced market incentive to produce a fairly wasteful product, and it’s not the the most direct or cost-effective use of corn, it will increase that cost across the board and is handed directly to the consumer.

    That, plus rising gas costs (also a bit artificially induced, considering our options for suppliers) is causing those increases we’re seeing in the bottom line.

    It STINKS, when we’re watching our pennies even a little 😦

  4. Leta

    Oh, egad, don’t even get me started on ethanol! I am 100% in favor of renewable energy, I would love to see us off foreign oil, would love it even more to see us off all oil, but ethanol is NOT the answer. (BioDeisel, now that has some potential.) It makes me scratch my head thinking about how we “control” the world’s second largest oil reserve now, but gas is over $3 a gallon and grocery prices have doubled or tripled to boot. Whoever comes up with these policies needs to be taken to the woodshed.

  5. Lol, I live in Alaska, trust me, the Congress’s refusal to allow drilling in ANWR (which our state PASSED, btw!) or incentives to allow harnessing of natural gas is just ridiculous. Big frustration of mine, especially when their snooty solutions keep increasing my bottom line.

    There are a lot of alternatives, though gas is irreplaceable with the current technology in certain engine types, but it bothers me that they pick and choose policies and sell them as the best when in fact it is more an effort to socially control our choices as consumers, not for the actual betterment of our situation. *grumble grumble* And now the conspiracy theorist in me is coming out!

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