Friday, April 8, 2011

Food and gas prices on the rise

Whether it's at the pump or in checkout line at the grocery store, cost of living items are on the rise.

A survey by the Wisconsin Farm Bureau shows food prices are up 5 percent this year.

The bureau's 'Marketbasket' survey totals the cost of 16 food items. In the first three months of 2011, the total was $48. That is up $2.39 from December's price for the same items.

Topping the survey's list

  • Apples increased 24 cents (18 percent) to $1.52 per pound.
  • A gallon of whole milk increased 50 cents (17 percent) to $3.41 per gallon.
  • One pound of bagged salad increased 33 cents (15 percent) to $2.48.
  • A five-pound bag of flour increased 25 cents (12 percent) to $2.34.
  • One pound of ground chuck climbed 32 cents (10 percent) to $3.41.

However the study shows Wisconsin's price is more than $1 less than the national survey of the same 16 food items.

Prices are rising at the gas pump as well.

According to AAA, the price for a gallon of regular grade gasoline in the Green Bay area is $3.767. That is up nearly 25 cents in the last month ($3.529) and about 90 cents form a year ago ($2.883) from this time last year. The highest recorded average price is $4.056 from July 2008.

Cameron Clark will have more on this story on FOX 11 News at Five.

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