NY metro area sees one of the largest grocery price increases in US: study
Grocery shoppers fear tariffs will raise prices
The new tariffs announced by President Donald Trump have many concerned about the impact they could have on the prices of everyday items, specifically groceries. FOX 5 NY’s Sharon Crowley filled a shopping cart to find out.
NEW YORK CITY - The New York metropolitan area saw one of the largest increases in grocery prices of any metropolitan area in the United States over the past year, a new study shows.
By the numbers:
According to a new study conducted by Smart Asset, a financial advising website, grocery prices in the metro area – defined as New York-Newark-Jersey City, NY-NJ-PA – went up 3.3% between March 2024 and March 2025. Here are some other numbers:
People walk through the produce department at a grocery store in New York City (Photo by Gary Hershorn/Getty Images)
- Eggs, meats, poultry and fish: 8.9%
- Fruits and vegetables: -1.3%
- Cereals and bakery products: 0.3%
- Dairy products: 5.1%
- Food away from home: 3.0%
- All Items: 3.8%
The study examined 12 major metro areas with available data from the Bureau of Labor Statistics for March 2025.
Big picture view:
Honolulu, Hawaii ranked at the top with the biggest spike in prices at 5.3%, followed by Tampa-St. Petersburg-Clearwater, FL and Minneapolis-St. Paul-Bloomington, MN-WI.
What they're saying:
"While prices of fruits, vegetables and dairy products either increased or decreased depending on the location, eggs, meat and poultry soared almost unanimously, reaching over 9% or higher than just a year before – tripling the general rate of inflation," said Jaclyn DeJohn, director of Economic Analysis at SmartAsset.
What tariffs mean for your wallet
From groceries to everyday goods, new tariffs are already driving up costs — and the impact could hit your household soon. FOX 5's Jodi Goldberg breaks down what items are likely to cost more, how much you could end up paying, and why financial experts say now might be the time to make major purchases.