
Cost of Gas And Groceries Skyrocketing in South Dakota, Minnesota, Iowa
Gas and grocery prices continue surging across Minnesota, Iowa, and South Dakota, putting increased pressure on household budgets.
Local residents are facing a double hit at both the pump and the checkout line.
Gas prices have climbed steadily since January, with Minnesota seeing some of the steepest increases.
The Twin Cities metro area reports average prices hovering over $3.05 per gallon.
The national price per gallon of gasoline is around $3.16 a gallon.
The average gas price per gallon in...
- Minnesota: $3.06
- Iowa: $3.02
- South Dakota: $3.03
At grocery stores, shoppers are experiencing sticker shock on everyday essentials.
Reuters is reporting that US consumer inflation has increased at the fastest pace in nearly 1-1/2 years.
Basic items like eggs, milk, and bread have seen price hikes between 8-15% compared to last year.
READ MORE: 4 Simple Ways To Make Eggs Last Longer + Keep From Going Bad
Egg prices shot up 15% in January and some retailers including Costco, Walmart, Kroger, and others are limiting customer egg purchases.
Fresh produce and meat products show even sharper increases, with some cuts of beef up nearly 20%.
In January, both beef and bacon saw significant price increases compared to the previous year, with beef rising 5% and bacon increasing 6%.
One Of South Dakota's Coolest Parks Is Just East of Sioux Falls
Gallery Credit: Ben Davis
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