Posted June 04, 2019 12:06:49 The average cost of groceries is $1.27 per pound at retailers and $1 per pound in most grocery stores.
The average retail price is $2.11 per pound.
But with grocery shopping on the rise, the price of a pound of groceries has more than doubled in the last year.
The University of Detroit Mercy researchers, working with researchers from the University of California at Davis, found that grocery prices are almost twice as high online as at home.
A quarter of all grocery shopping transactions were made online.
That’s an increase of nearly 5,000% over last year, the researchers say.
“What we’re seeing is that the average retail cost of grocery is $0.25 per pound online versus $1 for home delivery,” said Dr. Elizabeth Condon, an associate professor of food science at the University at Buffalo and the study’s senior author.
“Home delivery has been shown to save the average American household $1,000 per year,” she said.
Grocery shoppers are more efficient online, according to a study published online in the journal PLOS ONE.
The study, led by Dr. Condon and her team, looked at more than 300 grocery stores in the U.S. and found that shoppers are paying $1 more per pound for groceries than they do for the same price at the store.
The researchers also found that consumers are buying more at grocery stores, but that the extra price is much smaller than the increased retail price.
In the first quarter of 2018, grocery store purchases totaled $2,637 per store, compared to $1 in the same period a year earlier.
The number of stores selling groceries fell from 15,717 to 10,852.
A study published last year in the Journal of Consumer Research found that online grocery shopping accounted for about 15% of all consumer spending in the United States.