According to the latest data from the U.S. Bureau of Labor Statistics (BLS), the average cost of a dozen eggs in the United States is currently $3. This price shows the most recent Consumer Price Index (CPI) data, which tracks the prices of everyday items over time.
The usual egg rate can change depending on where you live and the quality of the eggs. Organic or specialty eggs tend to cost more than regular large Grade A eggs. Regional differences and market changes can also impact the overall egg prices.
In early 2024, the price of eggs increased a lot due to an outbreak of bird flu that led to over 43 million egg-laying hens being lost. This shortage drove prices up, with the average dozen reaching $4.82 in January 2023. However, as hen production has gone up, the average cost has gone down, though it is still higher than before 2023.
Even though the price has gone down, the average cost of a dozen eggs in the U.S. is still higher than in previous years. Tracking these price changes is important for consumers trying to manage their household budgets and find ways to save on this basic grocery item.
Average Cost of Eggs by State
The normal price of a dozen eggs can change a lot depending on the state. Based on pricing data from Instacart collected in December 2022, there are notable differences in egg prices across the country. It's important to note that these figures were recorded during the 2023 egg shortage, so current prices may have changed.
The states with the cheapest average cost of a dozen eggs include Missouri, Nebraska, Indiana, Ohio, Kansas, Iowa, Kentucky, Pennsylvania, Alaska, and West Virginia, all with prices below $5 per dozen. These states are mainly located in the central, southern, and eastern parts of the U.S., except for Alaska.
The regional differences in egg prices are likely affected by things like the cost of living, transportation costs, and local supply and demand. Areas with higher costs of living, like the coasts, tend to have more expensive eggs, while more affordable regions in the heartland see lower prices.
When buying eggs, it's important to consider these local factors and compare prices to find the best deals in your area. Relying only on national average numbers may not give you an accurate idea of the prices you'll see at your local grocery store or farmer's market.
Why Did the Cost of Eggs Increase?
The big increase in egg prices in 2023 was mainly caused by an outbreak of bird flu, which led to the loss of over 43 million egg-laying hens. This big drop in egg supply, along with continued strong demand, caused prices to go way up.
When Will the Cost of Eggs Go Down?
According to the USDA's food price outlook, egg prices are expected to go down by 2.8% in 2024 as egg inventory increases and the market stabilizes after the end of the bird flu outbreak.
Tips for Finding Cheap Eggs
To save money on eggs, you can try these strategies:
• Shop at local farmers markets or directly from egg producers, as they may offer lower prices than supermarkets.
• Choose store-brand eggs, which are usually less expensive than name-brand options.
• Buy eggs in bulk, as the price per egg is often lower when purchased in larger quantities.
• Reduce your egg consumption by finding alternative protein sources or modifying recipes that call for eggs.
• Use coupons, cash back apps, and other money-saving techniques to further reduce the cost of your egg purchases.