this post was submitted on 22 Feb 2024
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I really don't get this. Cereal is very expensive right now, at least here in the Midwest it is. I've seen small boxes upwards of $9. I'll admit that I don't eat cereal all that much these days, but I like it occasionally and when I went to pickup my favorite box, I decided it wasn't worth it. What cash strapped family is eating boxes of cereal for dinner when they could be eating much cheaper and filling foods like beans and rice? Heck, a case of ramen noodles is cheaper than cereal. Or maybe my area is the expensive cereal zone ๐คท
That was my first response: who has the money for cereal in this economy? I tell you what, Mr. Kellogg, if it's breakfast for dinner it's going to be toast or porridge. I'm certainly not overpaying for glorified dried, smashed frozen corn.
I would guess it's not necessarily poor people buying it but for people that were eating fast food/takeout and now the prices are too high to keep up that lifestyle. If you're lazy than cereal is a great go to and still cheaper then fastfood. If you're actually poor and lazy, you aren't buying kellogs unless you have poor money management skills. I know I'm not buying any kellogs brand, I haven't in probably 5 years.
This news segment was frustrating though, the man shows no sympathy and only talks about making a bigger profit off of the situation.
It really isn't. At least have some muesli instead. Cereal is just sugary junk food.
Kellogg's Original (and most offbrand versions of it) doesn't actually contain much sugar, it's mostly just straight corn, salt and malt. Oatmeal is still better, but a lot of people find it less tasty.
This is the second post about crazy expensive cereal today and I'm debating arbitraging cereal near me cuz I'm paying like $1.70 for a 14 ounce box of store brand Cheerios
Where I am, the big cereal brands (Kelloggs, Post, General Mills) tend to go for $6-7 a box, and the bargain brands are like half that at most. I agree, rice and beans would work better if you were being frugal. Or eggs; eggs were real expensive for a bit, but they're back down to $2 a dozen.
What kind of cereals are you looking at?
I buy oats (for porridge) and wheatbix and they're less than half the price of any of the sugar overloaded cereals.