Although the rate of food price increases has slowed recently, many shoppers still feel burdened by high grocery costs.

According to a report by Intuit Credit Karma, 80% of Americans have noticed significant grocery price hikes in the past few years, with prices rising 25% since the pandemic began.

Some consumers have had to forego necessities to afford food, with 28% sacrificing rent or bills, 27% skipping meals, 18% considering food stamps, and 15% relying on food banks.

Despite this, 53% earn too much to qualify for government assistance but still struggle to afford essentials, CNBC has reported.

Additionally, 51% report higher gasoline prices, 39% note increased utility bills, 27% face rising housing costs, and 27% see higher dining out expenses.

This survey was conducted online by Qualtrics for Intuit Credit Karma from May 7-13 among 2,011 adults.

Written by B.C. Begley