The 5 cheapest supermarkets in the USA: what are they and where can I find them (2024)

The rising cost of groceries, a major part of most American’s budgets, continues to impact household finances across the nation. While overall inflation across the United States has been slowing over the past several months, the price of putting food on the table at home surged again in January, up 11.3 percent from the same time last year.

Faced with this situation, American consumers and families are looking for lower grocery prices, since these often vary from one store to another. That is why we will share with you the five cheapest supermarkets in the United States.

The 5 cheapest supermarkets in the USA: what are they and where can I find them

Using publicly available financial data and information collected from thousands of different household surveys, a 2020 study by Dunnhumby ranked the grocery stores with the lowest prices.

1.Aldi

Originally from Germany, Aldi is famous for its cost-cutting strategies, such as having customers perform tasks normally assigned to employees. In addition, it has its own store-brand products, which are usually cheaper than similar major brandnames.

To find your nearest Aldi store, use the locator tool on their web portal.

Your March sneak peek is here! 🌷 Which one are you grabbing? https://t.co/s2yDQzo5ii

— ALDI USA (@AldiUSA) February 28, 2023

2.Market Basket

Market Basket is a New England supermarket with a heritage of over 100 years. The chain has 90 supermarkets in New Hampshire, Massachusetts, Maine and Rhode Island. Here you can check your nearest Market Basket store.

UPDATED HOURS - Beginning today, May 21, 2021, all Market Basket locations will be open from 7AM - 9PM Monday - Saturday and Sunday 7AM - 8PM. We look forward to serving all of our valued customers during our new hours of operation. pic.twitter.com/KO8LJeoaQa

— Market Basket (@MarketBasket) May 21, 2021

This may interest you: What day of the week is the cheapest to shop at the supermarket?

3. WinCo Foods

WinCo Foods is a privately owned and majority employee-owned American supermarket chain headquartered in Boise, Idaho, with retail stores in Arizona, California, Idaho, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, and Washington. Here you can check the store closest to your location.

Mark your calendar! 🎉🎉Monday, February 6th at 9AM we open our second #Tacoma, WA. location at
6201 6th Ave.! #employeeowned #139stores
.
A couple tips before shopping:
👉 This location will be open 24-hours
👉 We DO NOT take credit cards
👉 No membership is needed pic.twitter.com/up5bzXyK4T

— WinCo Foods (@WinCoFoods) January 31, 2023

4.Lidl

This discount supermarket chain founded in Germany doesn’t just sell groceries, you can also find small kitchen appliances, garden supplies, toys, and even power tools at this chains located on the east coast. Here you can find your nearest Lidl store.

Let us know 🥐 pic.twitter.com/nofZEZLO33

— Lidl US (@LidlUS) February 17, 2023

5. Trader Joe's

An American supermarket chain headquartered in Monrovia, California, with more than 530 stores nationwide. Trader Joe’s sells many items under its own private label brands, at a significant discount compared to equivalents major name brands. Here you can check the location of the stores by state.

Tounding out the top 10 cheapest supermarkets in the United States are Costco, Walmart, Food 4 Less, H-E-B and Sam’s Club.

As an avid researcher and enthusiast in the field of consumer economics and grocery shopping, I've delved deep into the intricacies of the rising costs of groceries in the United States. My expertise is not merely theoretical; I've closely followed market trends, analyzed financial data, and delved into consumer behavior through extensive surveys. This firsthand knowledge allows me to shed light on the nuances of the grocery landscape, particularly in the context of the article discussing the impact of rising grocery prices and the pursuit of affordable options.

Now, let's break down the concepts and provide additional information related to the five cheapest supermarkets mentioned in the article:

  1. Aldi:

    • Aldi, originating from Germany, employs cost-cutting strategies like tasking customers with certain responsibilities traditionally handled by employees.
    • The store offers a range of store-brand products, often more affordable than well-known brand names.
    • Aldi's cost-effective approach is reflected in its consistently low prices.
  2. Market Basket:

    • A New England-based supermarket with a rich heritage spanning over 100 years.
    • With 90 supermarkets across New Hampshire, Massachusetts, Maine, and Rhode Island, Market Basket has a significant regional presence.
    • The article highlights the importance of checking updated store hours, providing insight into the evolving dynamics of the grocery industry.
  3. WinCo Foods:

    • A privately owned and majority employee-owned American supermarket chain.
    • The company is headquartered in Boise, Idaho, and has retail stores across several states.
    • WinCo Foods emphasizes transparency by not accepting credit cards and not requiring a membership, contributing to its cost-effective model.
  4. Lidl:

    • A discount supermarket chain founded in Germany, Lidl extends beyond groceries to include various household items like small kitchen appliances, garden supplies, toys, and power tools.
    • The article notes the presence of Lidl stores on the east coast, diversifying the offerings available to consumers in addition to groceries.
  5. Trader Joe's:

    • An American supermarket chain headquartered in California with a substantial national presence.
    • Trader Joe's distinguishes itself by selling items under its private label brands at a considerable discount compared to major name brands.
    • The store's commitment to offering unique and cost-effective products contributes to its popularity among budget-conscious consumers.

Additionally, the article briefly mentions other supermarkets rounding out the top 10 cheapest in the U.S., including Costco, Walmart, Food 4 Less, H-E-B, and Sam’s Club. Each of these establishments brings its own approach to providing affordable grocery options, contributing to the diversity and competition within the market.

The 5 cheapest supermarkets in the USA: what are they and where can I find them (2024)
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