Columbia Study Finds Groceries Cheaper In NYC
NEW YORK (1010 WINS) – New Yorkers are no strangers to a high cost of living. From high-priced high-rises to costly cocktails, residents of the Big Apple are used to dishing out big bucks.
But a new study shows we may be paying less than other Americans when it comes to our groceries.
1010 WINS’ John Montone reports: New Yorkers Not Sure About Food Cost Study
A report released this week by a pair of economists from Columbia University showed groceries cost 10 percent less in New York City than in other big cities across the country.
But if you ask New Yorkers, the idea that New York City is one big bargain for grocery shoppers seemed hard to swallow.
“I work in Jamaica, Queens and you don’t get better prices there,” said one woman.
“Nobody can afford the prices anymore,” said another man.
The Columbia study says it’s fancy foods that drive up the cost of groceries in the city, not the basics.
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