Average family is expected to spend $700 more on groceries in 2024

grocery store

With food prices projected to continue to rise in 2024, there are still ways for Ontarians to save money on grocery bills and avoid food waste.

According to the annual Canada’s Food Price Report, which is published annually by the University of Alberta, the Universities of British Columbia and Guelph, and the Universities of Saskatchewan, food prices are projected to increase by 2.5% to 4.5% this year, as inflation remains moderate. Baked goods, meat and veg are expected to see the biggest increase, with an increase of between 5% and 7%.

The researchers behind the report predict a family will spend an average of $700 more on food in 2024 compared last year at an average of $16.297.20 per family.


One thought on “Average family is expected to spend $700 more on groceries in 2024

  1. Have seen many things go up as much as 400%
    They will just get higher and higher as Trudeau continues to ruin everyone’s dreams and bankrupt the country.

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