Inflation: Smart Start Sept 2010 = 14.2 cents / oz vs Oct 2011 23.8 cents / oz

A couple years ago I started to take pictures of prices at the grocery store to capture proof of the inflation. I lost a bunch of the photos in a hard-drive crash, but I found one from last year.

The latest inflation is .4% for the month of August (released Sept 15, 2011 at http://www.bls.gov/news.release/cpi.nr0.htm). 

The 12-month change in the all items index edged up to 3.8 percent after holding at 3.6 percent for three months, while the 12-month the first time since November 2008. The energy index has risen 18.4 change for all items less food and energy reached 2.0 percent for percent over the last year, while the food index has increased 4.6 percent.

I'm a big fan of Smart Start to maintain a good diet, and it tastes great, too. 

You easily see below that Smart Start went from 14.2 cents per oz in my grocery store on Sept 25, 2010 to 23.8 cents / oz today in the same grocery store. 4.6 percent change in twelve months? ...I don't think so!  My math, which is admittedly quite shakey says it's a 63% increase (please correct me if I'm wrong).

The same 17.5 oz box went from $2.48 to $4.17 in the span of thirteen months for a change of $1.69 per box. I eat about 2.5 boxes per week for breakfast (yes, that's alot, I know). At that rate, this costs me and my family an extra $4.23 per week, which is $16.92 per month, which is $203.40.

If my two boys were teenagers and eating the same as me, that would be a change of $12.69 per week for the three of us, which is $50.76 per month....just for breakfast cereal. Wow, that's what I have to look forward to?

Smart Start at 14.2 cents oz on Sept 25, 2010

Smart Start at 23.8 cents / oz on Oct 15, 2011