Current:Home > MyEgg prices are hopping again this Easter. Is dyeing eggs worth the cost? -WealthTrail Solutions
Egg prices are hopping again this Easter. Is dyeing eggs worth the cost?
View
Date:2025-04-16 10:56:43
Most Americans wait until the Holy Week to shop for Easter, but no matter how long you wait this year, eggs aren’t likely to go on sale for much less than they are now.
A dozen eggs are around $3 per dozen, on average, according to Federal Reserve data. That’s down from January 2023’s record $4.82, but still more than double the $1.45 average cost before the pandemic in February 2020.
Even if prices aren’t as eye-popping as they were last year, they might still be expensive enough to dissuade some people from dyeing a lot of eggs.
If you fall into this camp, USA TODAY has a list of eggless activities and decor to explore this Easter.
Others may continue to roll with tradition, though People for the Ethical Treatment of Animals is suggesting that the White House tweaks its annual Easter Egg Roll on Sunday and use potatoes instead of eggs.
Protect your assets: Best high-yield savings accounts of 2023
"Potatoes are cheaper and healthier than eggs and leave birds in peace," the nonprofit said in a recent news release.
How are people reacting this Easter to high egg prices?
Of the more than 500 consumers polled by research firm Numerator, 65% said they'll buy eggs to decorate and 21% said they plan to buy more than last year. However, 35% said they don't plan to buy eggs to decorate and 11% will buy fewer this year. Of those buying fewer eggs or none, 25% cited high prices as the deterrent.
Whether people will see egg prices as a relief or a hindrance to Easter celebrations depends on what you compare them to.
Numerator's survey showed 67% of respondents said price was the main consideration when buying eggs for dyeing or decorating, and whether you see the cost as reasonable or too high "depends upon when and where one establishes the benchmark,” said Joe Brusuelas, chief economist at consulting firm RSM US. “If it is four years ago, then the evaluation will tend to be not so good. ”
Or it can be relative to how other items at the grocery store are priced. “Eggs are still cheaper than meat,” said Christa Howard Roeh, a mom of three, in Chicago.
Even at $5 per dozen, you can eat two large eggs for dinner for about 85 cents, and they provide protein, omega-3, vitamins and other valuable nutrients, said Brian Moscogiuri, a global trade strategist at Eggs Unlimited, an egg supplier.
That's a bargain compared to the avocado his wife bought on sale for 75 cents, which she thought was inexpensive, he noted. Or even chocolate eggs, which are seeing a price spike this year due to sharply higher cocoa prices. One classic Cadbury creme egg costs more than $1.
“People just aren’t breaking it down to show where the value (of an egg) is,” Moscogiuri said.
Why are eggs so expensive?
Egg prices soared to about $4.82 per dozen in January 2023 after an avian flu outbreak.
Prices started to fall after avian flu subsided. Eggs dropped to about $3.27 a dozen by last Easter and got as low as $2.04 in August.
However, another outbreak last November sent prices higher again. Prices have risen over the past six months, with the average cost of a dozen eggs hitting $3 in February.
How did people react at Easter to last year's surge in egg prices?
In April 2023, a dozen eggs were $3.27, a record-high Easter price. This was a 27% increase from the year-ago period, according to Datasembly, which tracks grocery pricing data in real time.
Egg sales weakened during the two weeks before the holiday compared to the prior year. During those two weeks in 2023, egg sales only rose 20.5% above the 52-week average, retail data from retail data science company 84.51° showed. In 2022, egg sales spiked 35%.
What's the story behind Easter?A bunny, eggs and Jesus: How Easter became a holiday full of symbolism
Medora Lee is a money, markets, and personal finance reporter at USA TODAY. You can reach her at mjlee@usatoday.com and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday.
veryGood! (924)
Related
- A South Texas lawmaker’s 15
- The Ultimatum’s Trey Brunson and Riah Nelson Welcome First Baby
- Angel Reese calls out Barstool Sports for double standard on player celebrations
- From Amazon to Facebook and Google, here's how platforms can 'decay'
- The Best Stocking Stuffers Under $25
- US calls for urgent UN action on attacks by Yemen’s Houthi rebels on ships in the Red Sea
- Penguins line up to be counted while tiger cub plays as London zookeepers perform annual census
- 5 dead, hundreds evacuated after Japan Airlines jet and coast guard plane collide at Tokyo's Haneda Airport
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- 2 Democratic incumbents in Georgia House say they won’t seek reelection after redistricting
Ranking
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- US warns Houthis to cease attacks on Red Sea vessels or face potential military action
- Michigan detectives interview convicted murderer before his death, looking into unsolved slayings
- Osprey ‘black box’ from fatal Japan crash that killed 8 recovered with data intact, Air Force says
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- They're ready to shake paws: Meet the Lancashire heeler, American Kennel Club's newest dog breed
- 2024 brings a rare solar eclipse that won't happen again for decades: Here's what to know
- Rayner Pike, beloved Associated Press journalist known for his wit and way with words, dies at 90
Recommendation
Clay Aiken's son Parker, 15, makes his TV debut, looks like his father's twin
'Mama, you just won half a million dollars': Arkansas woman wins big with scratch-off
Lawsuit alleges FEMA has delayed compensation for victims of worst wildfire in New Mexico’s history
Washington, Michigan, SEC lead winners and losers from college football's bowl season
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
New PGA Tour season starts with renewed emphasis on charity with Lahaina in mind
Multiple state capitols evacuated due to threats, but no dangerous items immediately found
Trial of man charged with stabbing Salman Rushdie may be delayed until author's memoir is published