Cost of a Super Bowl Gathering Is Higher Than Ever

Americans consider the Super Bowl a holiday that is synonymous with good food and football. But, because of recent increases in food prices, it may be more costly to host a Super Bowl celebration.

While pricing data isn’t available for all the typical brands, the U.S. Bureau of Labor Statistics’ latest data show food prices have soared in the past two years, outpacing the increased prices on other goods and service.

This data was released in January and shows that food prices have increased 10.4% in the past year.

Deviled eggs are one example. Egg prices have shot up in the last year and jumped a whopping 59%.

“The remaining major grocery store food groups posted increases ranging from 7.7 percent (meats, poultry, fish, and eggs) to 15.3 percent (dairy and related products),” BLS stated.

The rise in alcohol consumption is also a sign of a rising trend. BLS data on all urban consumers was shown “beer, ale, and other malt beverages at home” Over the past year, alcohol beverages rose by 8.6% while overall sales rose by nearly 6%.

For some, cheese dip might be too costly this year. “Cheese and related products” Last year, the number of people who purchased a home grew 12.8%

Fresh fruit and vegetables will also be more expensive as the price of fresh produce and vegetables is expected to rise 6.4%.

Americans may be tempted by frozen food to save money, but the number of frozen and freeze-dried prepared foods has increased by 15% in the last year. Also, snack sales saw an 11 percent increase.

Takeout orders from Americans on Sunday will be subject to higher prices. According to the BLS, prices for takeout are up as of Sunday. “food away from home” Index rose 8.3%

There are some positives for American football enthusiasts. According to a report, the cost of chicken wings has dropped. Report From Wells Fargo. However, chicken overall has seen an increase in price.

Burgers could also be a good option since the uncooked beef market grew 0.7% last fiscal year according to BLS.

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