Consumers in the US spent $1,082,788 in 2016 on groceries at the grocery store level, according to the National Retail Federation (NRF).
The NRF reported that consumers spent $7,842 per person on groceries in 2016.
However, this is not the full picture as the average retail price for groceries was only $1.01 per person in 2016, which is the average price of a single-family home.
The average retail cost of a home in the United States was $2,400, according the National Association of Realtors (NAR).
In terms of overall retail prices, the NRF’s report shows that the average consumer spent $2.05 per person at the national level in 2016 compared to $2 per person last year.
For 2016, consumers spent an average of $2 on groceries, a slight decrease from the $2 spent in 2015.
There are some interesting differences between the grocery stores reported in the NRf’s 2016 report.
In 2015, the largest grocery stores in the country were the Target stores in Florida and Arizona.
At the time, the Target location in Arizona had the highest average per person cost of groceries in the entire country.
Now that the Target franchise is gone, the average per-person cost of food at the Target locations was about $1 per person.
Target also reported the highest price per person for groceries in 2015, but it is no longer the largest.
According to the NRFs data, the Kroger franchise in Iowa was the largest nationwide in 2016 with an average price per-item of $1 $2 $3.50 $4.50 (Source: National Retail Trade Association).
Walmart in Ohio had the second largest average price for food in the U.S. in 2016 at $1 1 $2 (source: National Restaurant Association).
Source: The NRF – The National Retail Association