SYRACUSE, N.Y. (NCC News) – Across the nation the price of groceries has increased by nearly 12% in just 2022, according to the United States Bureau of Labor.
Creating lasting financial effects on the Syracuse community, residents have been hit hard, says Syracuse resident Michelle Betancouart.
“We were spending probably like $75 for a good week of food, now it has gone up to $125.”
As food prices rise the quantity decreases, and the quality of the goods continues to go down, says Betancouart. A pack of four apples in grocery stores can now cost upwards of eight dollars, says Betancouart.
The CNY Regional Farmers market has been a “blessing” to residents as people are able to give back to their community and find better quality cheaper foods, says Betancouart.
But farmers at the market are on the fence on whether or not this inflation has truly affected them.
Most of the vendors have been selling goods at this market for years. Since some of the farms are family owned it helps keep the labor costs down and food prices cheap, says owner of Daratt farms Randy Daratt.
“Basically our prices have stayed the same for the past four to five years,” says Daratt.
However not every farmer is as lucky. Some have had to increase prices to be able to make any sort of profit, says owner of Hahn farms Linda hahn.
The costs of the next grocery bill is not expected to go down, in 2023 it will rise up to 3%, according to the United States department of Agriculture.