Have you ever pondered how affordable your neighborhood supermarket was in compared to other grocery stores? Then stop your search. The 26 most popular grocery stores in the US were compared in terms of pricing. I then developed a price index to compare these costs on an equal footing. Here is a graph showing the price index for each store.
Is Publix affordable? Our analysis shows that Publix has a price index of 2.19, making it more affordable than 8 of the 26 supermarket retailers surveyed. For comparison, the pricing index’s maximum score is 3.90. It indicates that Publix’s index score is 1.71 points lower than the score of the most expensive store. In essence, this indicates that Publix charges less than eight of the most well-known grocery store brands in the US.
The costs of various store brand products are gathered from the most popular shopping categories (beverage, bread, canned goods, dairy, dry goods, frozen, personal care, and cleaner), and the total price is totally averaged out to determine this index score. This index’s calculation required the collection of over 100 individual prices.