(News & Observer staff photo)
Recent data reveals a notable trend: the prices of soft drinks are on the rise. For consumers in the South, the cost of a 12-ounce can has increased significantly, impacting budgets across the region.
In particular, the price of a can of soda in the South has surged by nearly 45% over the past two years, according to information from the US Bureau of Labor Statistics.
In January 2021, a 12-oz. can of soda was priced at $0.38 within a 12-pack. By December 2022, that price had risen to $0.55, with even higher prices reported in the western U.S.
The chart below illustrates the price changes for the South, Midwest, and West, alongside the U.S. city average.
Here’s a glimpse into the cost of a can of soda over the past two years in the Southern U.S. region:
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Key Takeaways
- Soft drink prices have risen significantly in the South, with a 45% increase over two years.
- A 12-ounce can of soda jumped from $0.38 in January 2021 to $0.55 in December 2022.
- Prices vary by region, with the western U.S. seeing even higher costs for soft drinks.
- Data from the US Bureau of Labor Statistics highlights these pricing trends.
- Consumer wallets are reflecting these increases as soda costs climb.
FAQ
Why are soda prices increasing?
Prices are influenced by various factors including inflation, supply chain issues, and increased production costs.
Are sodas more expensive in some regions than others?
Yes, prices can vary by region, with costs being higher in areas like the western U.S.
What was the price of soda two years ago?
In January 2021, a 12-ounce can of soda was priced at $0.38 in the South.
How can I find current prices for soft drinks?
Consult local grocery store advertisements or online platforms for the most up-to-date pricing information.
In conclusion, the rising cost of soft drinks is a notable trend affecting consumers in the South and beyond. Keeping track of these changes can help shoppers make informed decisions about their purchases.
