Widespread Financial Stress in the US Focused on Grocery Costs

A recent survey reveals that most US adults are experiencing at least some level of anxiety about the rising cost of groceries, driven by ongoing price hikes and nationwide concerns about tariffs imposed by the government.

Approximately 50% of Americans state that grocery prices are a “major” source of stress, with another 33% describing it as a “minor” concern. Only 14% do not feel stressed about this issue, highlighting how pervasive this worry is among the public.

While other financial pressures such as housing costs and personal savings also contribute to financial stress, worries about groceries cut across age groups. Younger individuals tend to feel more anxious about savings and property ownership, but everyone shares concern over food prices.

A person shopping for candy and snacks at an Asian grocery store — The majority of adults feel at least somewhat stressed about grocery expenses, according to recent data.

Many older adults, like 78-year-old Esther Bland, rely heavily on social safety nets like food banks to keep grocery costs manageable. Bland, who lives in Washington, mentions that without assistance, grocery shopping would become a significant source of stress due to her fixed income.

Grocery bags filled with produce in a car trunk — Groceries remain a major financial concern across all age groups, especially for those with limited income.

The survey indicates that 64% of the lowest-income households (earning under $30,000 annually) report grocery costs as a “major” stressor, compared to around 40% of households earning over $100,000. Despite higher income, many still worry about food expenses.

Financial Anxiety Among Women and Hispanic Americans

Women and Hispanic populations are experiencing higher levels of financial worry. Women tend to report greater stress about income, savings, and essentials like health care and groceries. Similarly, about two-thirds of Hispanic Americans identify housing costs as a significant concern, surpassing other demographic groups.

This economic anxiety prompts some individuals to alter their shopping habits. For example, Shandal LeSure, a Tennessee resident earning between $85,000 and $100,000, noted she now shops at less expensive stores, albeit sometimes sacrificing quality.

Use of ‘Buy Now, Pay Later’ Services

Many Americans—including a significant portion of younger adults—are turning to “buy now, pay later” plans to manage expenses. About 40% have used services like Afterpay or Klarna for purchases ranging from groceries to medical costs, with younger adults and ethnic minorities more likely to adopt these options.

Costco shopping cart filled with groceries — Consumers are increasingly resorting to deferred payment plans to cope with rising costs.

However, there are risks involved, as an increasing number of users are struggling to repay their loans, raising concerns about potential over-indebtedness. Despite being marketed as safer than credit cards, these plans lack robust regulation and oversight.

Individuals like Bland, who used pay-later services for medical and personal needs, find that while such options can provide temporary relief, they may also lead to long-term debt if not managed carefully.