
Why Montana Shoppers Spend More on Groceries Than Most States
The high price of groceries across the country has been a topic of conversation for months now. It was even a talking point during the last presidential election. So far we have not seen prices go down on many if any products over the past few months.
Eggs, specifically, have reached all-time high prices. Some stores, like Costco, are limiting the number of eggs people can purchase at one time in certain locations, according to CNBC. Some entrepreneurs are renting out chickens to make eggs more affordable.
Read More: Will the Latest Chicken Craze Come to Montana Soon
Montana ranks higher than most other states in terms of the percentage of 'median monthly household income' spent on groceries, according to WalletHub. Ranking high in this instance is not a good thing.
In studies on the 'cost of groceries,' Hawaii and Alaska typically rank among the most expensive states. However, in terms of the percentage of income spent on groceries, they fare much better than Montana, because of our lower median income.
Mississippi Spends More Than Any Other State
Mississippi spends the highest percentage of its median monthly household income on groceries at 2.64%. Followed by West Virginia, Arkansas, Kentucky, and Louisiana, rounding out the top five.
Montana comes in at number eleven on the list, spending 2.20% of our median monthly household income on groceries. Alaska comes in at thirty-one and Hawaii comes in at forty-one. New Jersey spends the least percentage of its median monthly household income on groceries.
WalletHub offers some suggestions on how to save money on grocery shopping. Buying store brands instead of name brands can help save money. Buying in bulk and taking advantage of discounts and coupons can also help save money.
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