Food prices in the NYC metro area surged by 56.2% over the last decade, outpacing both income growth and national inflation, according to New York State Comptroller Thomas P. DiNapoli. The increase in grocery costs has placed immense pressure on low-income families, who now allocate nearly 70% of their income to food. This severe disparity leaves over 1.2 million New Yorkers food insecure, particularly affecting areas like the Bronx. Potential federal budget cuts and tariffs threaten to exacerbate this issue, limiting access to fresh food in struggling neighborhoods.
Food prices in New York City have risen 56.2% over the past decade, greatly affecting low-income families who now spend nearly 70% of their income on food.
The rising grocery prices disproportionately impact the most vulnerable, with significant increases in food-insecurity rates, especially among low-income households.
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