GITNUX MARKETDATA REPORT 2024

Statistics About The Least Expensive Grocery Stores

By analyzing the statistics of the least expensive grocery stores, we can identify trends and patterns in pricing that can help consumers make informed decisions about where to shop for affordable groceries.

Last Updated: June 18, 2024

Written & Summarized by: Jannik Lindner

How we write

In this post, we explore a comprehensive analysis of grocery store pricing trends in the United States. From Aldi’s reputation as the most budget-friendly option to Walmart’s market share dominance, we delve into the statistics that shape consumer shopping habits and preferences. Join us as we uncover the data behind the least expensive grocery stores and the factors influencing Americans’ spending on household essentials.

Statistic 1

"Aldi was ranked the least expensive grocery store with an average basket cost of $72.30,"

Statistic 2

"Lidl's prices were 9% cheaper than grocery stores nationwide,"

Statistic 3

"Walmart came in second place with an average basket cost of $85.88,"

Statistic 4

"Aldi's market share in the U.S. was about 2% in 2020,"

Statistic 5

"Walmart in the US holds 23.1% market share in the U.S grocery sector,"

Statistic 6

"Lidl is the least Expensive grocery store in 8 of 9 categories,"

Statistic 7

"Trader Joe's offers an average saving of 38% compared to other national brands,"

Statistic 8

"Amazon Fresh's average basket cost is about $92.95,"

Statistic 9

"Groceries at Whole Foods cost around $3.39 per item, much higher than Aldi's $1.65 per item,"

Statistic 10

"Sales of private label products (common in lower-priced chains like Aldi) make up 19.3% of all retail sales,"

Statistic 11

"Dollar General operates more than 15,500 stores in the US,"

Statistic 12

"Costco Wholesale is the third leading grocery retailer in the United States, with a 14% share in 2020,"

Statistic 13

"About 38% of Lidl's products are cheaper than Walmart's,"

Statistic 14

"The average American family spends about $550 per month on groceries,"

Statistic 15

"There are 2,082 Aldi stores in the United States,"

Statistic 16

"WinCo Foods saves shoppers an average of 16% compared to other grocery stores,"

Statistic 17

"Trader Joe's sells over $1,734 per square foot, more than double the sales of Whole Foods,"

In summary, Aldi was found to be the least expensive grocery store, with Lidl closely following as a strong contender. Walmart, despite its popularity, was not as cost-effective for consumers. The prevalence of private label products in lower-priced chains like Aldi highlights a significant consumer trend towards more affordable options. Dollar General and Costco Wholesale also hold substantial market shares in the grocery retail sector. Overall, these statistics shed light on the diverse pricing strategies and market dynamics within the grocery industry, influencing where and how consumers choose to shop for their everyday needs.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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