BELOW SUPERNAV drop zone ⇩

Hosting Thanksgiving? Grocery bill could have you counting your pennies

MAIN AREA TOP drop zone ⇩

MAIN AREA TOP drop zone ⇩

ovp test

mLife Diagnostics LLC: Oral Fluid Drug Testing

Male shot by female at Shreveport apartment

Class to create biodiverse backyard

Rules for outbursts at Caddo School Board Meeting

Mortgage Calculator

This calculator helps you estimate your monthly mortgage payment. It adds up the loan payment (principal + interest), property tax, and insurance. The loan payment is spread out over the years of your loan term.

This is the total amount you're borrowing from the bank.
This is the yearly interest rate on your loan.
This is how long you'll take to repay the loan.
This is the yearly tax you pay on your property.
This is the yearly cost to insure your home.

Monthly Payment Breakdown

Principal and Interest: $

Property Tax: $

Homeowners Insurance: $

Total Estimated Monthly Payment: $

maylen

https://digital-stage.newsnationnow.com/

AUTO TEST CUSTOM HTML 20241114185800

AUTO TEST CUSTOM HTML 20241115200405

AUTO TEST CUSTOM HTML 20241118165728

AUTO TEST CUSTOM HTML 20241118184948

(KTLA) — If you’re hosting Thanksgiving, you might notice a bump in the grocery bill this year due to a number of factors, including inflation, labor shortages, supply chain issues, weather and rising transportation costs.

Jim Cascone, owner of Farmer’s Market Poultry in Los Angeles, said he ordered everything way in advance this year including the same number of turkeys as last year in the hopes of meeting customer demand.

“My costs went up 8-15% and depending on the type of bird you’re looking for,” he said. “If you’re looking for organic or heirloom or heritage … the price is a little bit more.”

Higher prices are being seen across the board, and based on September data, the consumer price index jumped from the same time year.

“If we look specifically at what we call food at home, which is your grocery store prices, that’s up 4.5%,” said Steve Reed, senior economist with the U.S. Bureau of Labor Statistics.  

The largest increase is in the categories of meats, poultry, fish and eggs, he said.

“That index is up 10.5% for the last 12 months,” Reed said, adding that the index for beef and veal went up 17.6%.

And for poultry specifically, that’s up 6.1%, based on September data.

Brooke Stiles, a Chino resident, said she has been avoiding buying such products.

“I don’t buy fresh meats as much anymore, mostly because of how expensive it is,” she said.

Torrance resident Eli Handy said it’s tradition for him to cook Thanksgiving dinner, and a bump in the bill won’t change that.

“Just like everyone else, yes,” he said when asked if he’s concerned about the prices going up. “However, it’s all about family. It’s all about coming together.”

Your Money

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

Site Settings Survey

 

MAIN AREA MIDDLE drop zone ⇩

Trending on NewsNation

AUTO TEST CUSTOM HTML 20241119133138

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Fair

la

50°F Fair Feels like 50°
Wind
3 mph NNW
Humidity
69%
Sunrise
Sunset

Tonight

Clear skies. Low 47F. Winds light and variable.
47°F Clear skies. Low 47F. Winds light and variable.
Wind
2 mph NE
Precip
2%
Sunset
Moon Phase
Waning Gibbous