Adrian, MI – The average cost of a 4th of July cookout for 10 Lenawee County residents will be $69.68. The overall cost for the cookout is up 17% or about $10 from last year.
A marketbasket survey shows the largest year-to-year price increase was for ground beef. Survey results showed the retail price for 2 pounds of ground beef at $11.12, up 36% from last year. Several other foods in the survey, including chicken breasts, pork chops, homemade potato salad, hamburger buns and cookies, also increased in price.
One bright spot for consumers is the average retail price for strawberries, which declined by 86 cents compared to a year ago. Sliced cheese and potato chips also dropped in price, 48 cents and 22 cents, respectively.
Better weather conditions in some fruit-growing regions and greater retailer pricing flexibility for processed products are the likely drivers behind the modest price declines for these items.
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