News, Culture & Society

The simple switch that will save you $2468 a YEAR on groceries according to Aldi

The simple switch that will save you $2,468 a YEAR on groceries as cost of living rises – as the surprising amount Aussies spend at the supermarket weekly is revealed

  • Aldi Australia has released its 2022 Price Report with some crucial finds
  • As the cost of living increases Australians are looking for better grocery prices 
  • Buying at the German-owned supermarket can save you almost $2,500 a year
  • Plenty of Aussies were foregoing restaurant visits and meat to try and save cash 

Aussie shoppers can save up to $2,468 a year on groceries if they make the switch to home brand Aldi products, according to the retailer’s 2022 Price Report.

The German-owned supermarket confirmed that there is a staggering price gap of 15.6 per cent compared to the cheapest products at the nearest competitor – which would save the average family $1,555 a year by making the switch.

The price gap widens significantly to 24.7 per cent when comparing Aldi prices to the equivalent branded products, saving the average family a whopping $2,468 per year if they usually buy branded groceries.

The German-owned supermarket confirmed that there is a staggering price gap of 15.6 per cent compared to the cheapest products at the nearest competitor – which would save the average family $1,555 a year by making the switch (stock image)

Aldi found that the average family was spending $192.19 on its weekly grocery haul

Aldi found that the average family was spending $192.19 on its weekly grocery haul

The report found almost all (98 per cent) Aussie grocery shoppers have noticed an increase in the overall cost of items like petrol, groceries and household bills compared to previous years, with over four in five (81 per cent) concerned about the affordability of living costs in the next year. 

In fact, Aussies are most worried about grocery affordability (51 per cent) second only to petrol (59 per cent).

The struggle is real across the country as two-thirds (65 per cent) of us admit to feeling financial pressure in the past year, with as many as one in three (33 per cent) stating that they are worse-off financially than this time last year.

Price is understandably now the single most important factor in the weekly grocery shop (45 per cent), with half of shoppers taking greater consideration of price in the last year (49 per cent).  

Going out to restaurants or ordering takeaway (44 per cent) and buying meat (39 per cent) are the highest-ranking categories where consumers have already reduced their spend last year to save money

Going out to restaurants or ordering takeaway (44 per cent) and buying meat (39 per cent) are the highest-ranking categories where consumers have already reduced their spend last year to save money

In fact, Aussies are most worried about grocery affordability (51 per cent) second only to petrol (59 per cent)

In fact, Aussies are most worried about grocery affordability (51 per cent) second only to petrol (59 per cent)

Keeping a close eye on how dollars are being spent seems to be a top priority, with over three-quarters (78 per cent) of Aussie shoppers reducing their purchases in the last 12 months to save money, with plans to do more of the same this year.

Surprisingly, only one in 10 (9 per cent) of Australians have switched supermarkets as a strategy to save money.

Going out to restaurants or ordering takeaway (44 per cent) and buying meat (39 per cent) are the highest-ranking categories where consumers have already reduced their spend last year to save money. 

Despite fresh meat being one of the grocery category of the highest concern, Aldi's data highlights that there are savings of 18 per cent to be made for the average family if they shop in the store's fresh meat range (stock image)

Despite fresh meat being one of the grocery category of the highest concern, Aldi’s data highlights that there are savings of 18 per cent to be made for the average family if they shop in the store’s fresh meat range (stock image)

Despite fresh meat being one of the grocery category of the highest concern, Aldi’s data highlights that there are savings of 18 per cent to be made for the average family if they shop in the store’s fresh meat range.

‘This report confirms that the prices of groceries have never been more important to Australian shoppers. Our message is clear – we don’t want to see Aussies cutting down on meat or other loved items because they are now considered a luxury,’ Managing Director for Aldi Australia Oliver Bongardt said.

‘We know inflationary pressure is real, but this research shows in black-and-white that by making the switch to Aldi, there are real savings available.’

***
Read more at DailyMail.co.uk