Have you ever looked at how much money you spend each week at the supermarket? It’s hundreds of dollars each month and adds up to alot over the year. I think I’ll stop eating, that will solve it. Who’s with me?
I know I need to eat and it can be less expensive in the long run to cook my own food, rather than going to a restaurant. So if you must buy at the supermarket, buy smart! Just an example of one item that we like to eat is Kashi Go Lean Cereal. Each box is 14.1 ounces, has 13 grams of protein, 10 grams of fiber and only 1 gram of fat (or as they say “1g of lowfat”).
I like the cereal and decided to do a price comparison between different places selling the cereal. I looked at Target, Lowes Foods and Bloom (Food Lion offshoot). I could have also included Harris Teeter, BiLo and a few more in the area (Charlotte, NC). The results are:
Target– $3.34 per box
Lowes– $3.69 per box
Bloom– $3.71 per box
The clear winner is Target that is 35 to 37 cents lower than the other two. Is this a good metric to decide all of my food buying? I would say not. This Target is farther away than the other supermarkets, so there is a gas cost. (Soon I’ll have a Super Target near me 🙂 )
Here’s my plan and homework-
- I am putting all of my food receipts on top of my microwave for a month.
- Then I will determine the top 20-30 items my family buys during the month. Milk, orange juice, eggs, cereals, pasta, etc.
- I will do a total price comparison with this frequently bought list to figure out where to but our groceries. In it I will include mileage to determine that cost.
- I’ll post the results here. If there is enough interest I’ll create a spreadsheet to help you save money on your grocery shopping.
Disclaimer: I was not paid to promote this cereal or any of the companies listed, nor do I earn any affiliate commissions off this post.