VIGO CO, Ind. (WTWO/WAWV) — Buy early. That’s the message economists have to consumers ahead of one of the busiest grilling times of the year.
After conducting its annual summer cookout market basket, the Indiana Farm Bureau said Hoosiers can anticipate spending an average of $64.32 on a cookout to feed 10 people this summer.
Household favorite items like ground beef, cheese and chips have increased in price from last year.
The Farm Bureau said the good news is that Indiana’s market basket price is approximately 7.7% lower, or 56 cents less than the U.S. average price of $6.97 per person. Additionally, the Indiana price is 7.2% lower, or 54 cents less than the average price for the Midwest region of $6.93 per person.
However, Hoosiers will be paying more this year as food costs have increased by 13% since last summer.
There are numerous factors for food costing more including inflation, supply chain issues and the current war in Ukraine.
Input costs by farmers have also increased due to the cost of diesel, fertilizer and seeds.
Resident, Brenda Miller, said even though she’s having a small get-together her menu is still a hefty price.
“It’s hard to make ends meet. When I first retired, I was doing fine. But, gradually with the utilities, food and shortages and everything, it’s just frustrating,” She said.
Two pounds of ground beef has increased by nearly 40 cents. In 2021, a half-gallon of ice cream cost $2.92, this year that same amount is $4.49. Chicken breasts currently cost $8.87, a two-dollar price hike.
To see more results of the complete survey, click here.
“It’s hard to buy meat. Oh my gosh, I can’t even afford to buy beef,” Miller added.
Janis Higley with IFB said it’s a concern whether or not this trend will continue past the summer.
“It definitely has been delayed and makes those items not as available as the consumer is used to. I think those items are available, but we are going to have to be savvy with our shopping,” Highley said.