Tuesday, September 29, 2009

Innovative way to compare prices at the grocery store

Grocerying has found a terrific new tool to use while trying to save money at the grocery store! WRAL-TV, Channel 5 in Raleigh, has compiled data and put it on their website. The items compared consist of everyday items that many people would purchase on an average trip to the grocery store. The list is comprised of apples, bacon, bananas, bread, butter, cheddar cheese, chicken breast, cola, eggs, ground beef, lettuce, milk, steak and sugar. WRAL-TV takes these items and compares them not only at five Raleigh grocery stores (Wal-Mart SuperCenter, Lowes Foods, Kroger, Harris Teeter and Food Lion); but they additionally compare it to the prices provided by the U.S. Bureau of Labor Statistics. Not surprisingly, Wal-Mart has the lowest overall price on these items ringing in at $27.74, well below the next cheapest (which may surprise some of you) which is Harris Teeter coming in at $32.32. Right behind Harris Teeter is Kroger, at only pennies more with a total of $32.38. Then we have Food Lion at $34.54 followed by Lowes Foods’ comparable $34.76 and finally the U.S. Bureau of Labor Statistics with a grand total of $35.77. Their methodology provides that the U.S. Bureau of Labor Statistics is based on the south region. In addition, you can click “Show Trends” and see a line graph of all the stores prices over the past year - which shows a trend of falling prices between September 2008 and September 2009. A very neat tool to use indeed.

Link to Grocery Cart Tracker: http://www.wral.com/news/local/flash/2603702/


Philip Buchanan said...

interesting... for not much more, literally about $40 plus a delivery charge, one can have their groceries delivered to their door by Atlanta Home Delivery

alex o said...

Also, if you want to purchase items online especially gadgets and electronics, make sure you initially compare prices using various price comparison websites to help you save time and money from shopping online.