Food, fuel and electricity costs continue to rise and we find ourselves having to get a bit more creative with our budgets. Managing your grocery bill is one way to help you stay in the green.
Unfortunately, our expenses are growing but our paychecks are remaining the same.
BankservAfrica noted that the average real take-home pay increased by only 1.5% year-on-year in February to reach a real average increase to R14,066 a month.
To add to our financial woes, it seems our friendly neighbourhood grocers are tweaking their prices as well.
According to BusinessTech grocery shops have also pushed the prices of their food even higher than the reported initial increases. Whereas some items had seen an increase of around 15%, the price in the store was higher.
For this comparison, BusinessTech took 12 common food items from grocery stores Woolworths, Pick n Pay, Checkers and Spar and compared the prices. They used store brands were possible and did not use items that are measured on a per kg basis.
It doesn’t pay to be healthy
The table below compares the average cost of a basket of groceries from 2018 – 2019.
|Product||Description||2018 Average||2019 Average||Changes|
|Bread||Brown, one loaf||R9.99||R10.37||3.8%|
|Coca Cola||2 litres||R16.69||R21.99||31.8%|
|Eggs||6 extra large||R20.61||R20.24||-1.8%|
|Milk||Full Cream 2l||R26.68||R26.23||-1.7%|
Fruit and vegetables prices went up substantially which is worrying as these are basic food items every household needs.
Coke, on the other hand, is not an everyday staple so you can make up some savings by leaving that off your shopping list.
Check out at Checkers
Looking at each store individually, figures shows that Woolworths had the biggest increase this year from R320.14 – R357.87.
A basket of groceries from Spar last year would have cost you R297.54 but in 2019 you will pay R306.39. This was the smallest price jump amongst the stores with an increase of R8.85.
Pick n Pay jumped from R288.84 in 2018 to R316.88.
The Checkers basket, which was also the cheapest, went from R257.68 – R278.78. Here we saw an increase of R22.10.
Here is the cost of items per store.
|Bread||Brown, one loaf||R13.99||R9.50||R8.99||R8.99|
|Coca Cola||2 litres||R21.99||R21.99||R21.99||R21.99|
|Eggs||6 extra large||R27.99||R13.99||R18.99||R19.99|
|Milk||Full Cream 2l||R27.95||R26.99||R24.99||R24.99|
So as you can see by shopping at Checker’s instead of Woolworths, Pick n Pay or Spar you can save yourself R70.05, R26.61and R37.1.
That’s approximately 4L, 1.5L and 2L of petrol! What a win!
The South African