Summary
A poll found that more than half of U.S. adults are stressed about grocery costs. Grocery prices cause more stress than issues like credit card debt or child care. The poll also noted some people are using "Buy Now, Pay Later" services to buy groceries.
Key Facts
- 53% of Americans feel major stress about grocery costs.
- Grocery cost causes more stress than credit card debt, child care, or student debt.
- 14% of people said grocery prices are not a stress source.
- 47% named housing costs as a major stress, and 43% pointed to the amount of money saved or earned.
- 14% have used "Buy Now, Pay Later" services for groceries.
- Food prices rose 3% in June compared to the previous year.
- Supply chain issues, the Russian invasion of Ukraine, and avian flu have pushed food prices up.
- Climate change impacts food cost predictability.
