What Foods Will Cost North Dakotan’s More In 2024

From groceries to gas, North Dakotans have been more money-conscious even as the economy has recovered to nearly pre-pandemic levels.

Experts are predicting what popular grocery items will cost more or less in 2024. The Economic Research Service for the United States Department of Agriculture (USDA) is forecasting what foods will cost more or less in the new year.

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The forecasts are primarily based on the U.S. Department of Labor, Bureau of Labor Statistics (BLS) Consumer Price Index (CPI) and Producer Price Index (PPI) data, officials say.

However, just because the cost to producers has come down, doesn't mean the prices for some items.

Food That's Expected To Cost More In 2024 In North Dakota

Meats

Year-Over-Year Percent Change: 3.6 Percent

Fats and Oils

Year-Over-Year Percent Change: 3.0 Percent

Processed Fruits and Vegetables

Year-Over-Year Percent Change: 2.6 Percent

Sugars And Sweets

Year-Over-Year Percent Change: 5.4 Percent

Nonalcoholic Beverages

Year-Over-Year Percent Change: 2.9 Percent

Food That's Expected To Cost Less In 2024 In North Dakota

It's not all doom and gloom, some products will see their prices drop over the next 12 months.

Dairy

Year-Over-Year Percent Change: -1.4 Percent

Pork

Year-Over-Year Percent Change: -2.8 Percent

Cereal

Year-Over-Year Percent Change: 0.1 Percent

Vegetables

Year-Over-Year Percent Change: -3.1 Percent

Seafood

Year-Over-Year Percent Change: -1.5 Percent

Eggs

Year-Over-Year Percent Change: -22.3 Percent

The pace of food inflation has slowed in recent months, but food prices are still going up, as prices rose nearly 3 percent between November 2022 and November 2023.

Walmart's CEO recently said the US food industry could be heading into a period of deflation.