Are prices lower in stores compared to a year ago?
Short answer: No, overall prices are still higher than a year ago — but some specific items have gotten cheaper.
The big picture
Prices overall are not lower than a year ago. According to the latest U.S. Bureau of Labor Statistics data, the annual inflation rate in the United States was 3.4% for the 12 months ending August, meaning the broad basket of consumer goods and services costs more than it did last year.
Groceries specifically
Grocery prices are a mixed bag, but overall they're still higher:
What's actually cheaper
Despite the overall trend, several individual items are cheaper than last year:
What's more expensive
On the flip side, several staples have jumped significantly:
Bottom line
So the honest answer is: it depends on what you're buying. The overall cost of living and grocery basket is still higher than a year ago, but thanks to easing supply issues (especially for eggs) and slower inflation in some categories, a handful of specific items are now cheaper than they were 12 months ago.
Citations (7)
- Current U.S. Inflation Rates: 2000-2026
Source excerpt: “The annual inflation rate in the United States was 3.4% for the 12 months ending August, the same as in July, according to U.S. Labor Department data ...”
- Are Groceries Getting Cheaper? Why Your Bill May Say Otherwise - Food Trade News & Food World
Source excerpt: “Grocery prices are rising more slowly, but groceries are not getting cheaper overall. The U.S. food-at-home price index was unchanged in August 2026 a...”
- Are Groceries Getting Cheaper? Why Your Bill May Say Otherwise - Food Trade News & Food World
Source excerpt: “* An inflation rate of 2.2% means prices are increasing more slowly than they were during the worst of the food-price surge. It does not mean the earl...”
- Some Grocery Prices Are Finally Going Down — Here’s What’s Getting Cheaper - Better Report
Source excerpt: “## What’s Getting Cheaper According to the latest BLS data, eggs have seen the biggest year-over-year price decline, falling 25.7% as supplies continu...”
- Price Tracker September 2026: Grocery basket totals drop slightly from last month
Source excerpt: “Our average across Kroger, Walmart, and Target was $1.72, but that price is still nearly 40% cheaper than last year’s price at this same time.”
- Are groceries more expensive than last year?
Source excerpt: “Out of nine grocery staples defined by the BLS, the cost of a pound of ground beef rose the most between 2025 and 2026, from $5.55 to $6.75, a 21.8% i...”
- How Prices Changed Since Trump Took Office
Source excerpt: “Coffee prices are up nearly 35% since the start of 2025, for example. ”