Current:Home > MyEgg prices are hopping again this Easter. Is dyeing eggs worth the cost? -Aspire Money Growth
Egg prices are hopping again this Easter. Is dyeing eggs worth the cost?
View
Date:2025-04-14 10:57:44
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! (8)
Related
- Former longtime South Carolina congressman John Spratt dies at 82
- 'House of the Dragon' Season 2 premiere: Date, time, cast, where to watch and stream
- Spoilers: Why that 'House of the Dragon' murder went too far
- Kourtney Kardashian Shares Adorable New Photos of Baby Rocky With Travis Barker on Father's Day
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Field for New Jersey’s 2025 governor’s race expands, with radio host and teachers union president
- Key moments at the Tonys: Jay-Z and Hillary Clinton in the house, strides for women and a late upset
- New Library of Congress exhibit spotlights rare historical artifacts
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- American tourist found dead on small Greek island west of Corfu. 3 other tourists are missing
Ranking
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- 'We want to bully teams': How Philadelphia Phillies became the National League's best
- Real Housewives' Melissa Gorga Shares a Hack To Fit Triple the Amount of Clothes in Your Suitcase
- Eight Israeli soldiers killed in southern Gaza, IDF says
- Federal hiring is about to get the Trump treatment
- Police officers fatally shot an Alabama teenager, saying he threatened them with knives and a gun
- Three Colorado women murdered and the search for a serial killer named Hannibal
- Florida State drops Virginia to stay alive at College World Series
Recommendation
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
Juneteenth Hack brings Black artists together with augmented-reality tech
Upcoming June 2024 full moon will look unusually big and colorful
Severe, chaotic weather around US with high temperatures in Southwest and Midwest, snow in Rockies
South Korean president's party divided over defiant martial law speech
Chiefs DT Isaiah Buggs charged with second-degree domestic violence/burglary
'We love you, Papa': Princess Kate shoots new Prince William pic for Father's Day
Jude Bellingham’s goal secures England a 1-0 win against Serbia at Euro 2024 after fans clash