Inflation in the United States is at an all-time high, and rising food prices are a significant contributor. Consumers feel the pinch as food prices have increased by around 10% in grocery stores. According to the Census Bureau’s Household Pulse Survey, over 9 percent of the population aged 18 and over recently said they didn’t have enough food at least some of the time.
The United States has a long history of food instability and hunger. President Lyndon Johnson founded the Food Stamp Program in 1964 to assist low-income households in buying food. The Supplemental Nutrition Assistance Program, or SNAP, offers food stamps to low- and moderate-income families who meet specific criteria, most notably their income. Here are the most expensive cities for families to eat in each state.
SNAP now has a budget of $83.8 billion and assists 14.8 million households in the United States.
24/7 Wall St. crunched the 2020 American Community Survey numbers to identify the cities with the most individuals on food stamps over the next five years. By looking at the percentage of SNAP recipients in each metropolitan statistical region, we were able to rank them.
SNAP recipiency rates range from 16.5 percent to more than 28 percent in the metro regions on this list. For context, SNAP payments are received by 12.1 percent of American households.
Government assistance is heavily relied upon by the residents of the metro areas listed above because of the low earnings and financial hardships experienced by the residents. Over half of the cities in this list had poverty rates higher than the national average of 12.8% but had median household incomes under $64,994. A look at the amount of money a family requires to maintain a standard of living in each state.
- Food Stamps: Are SNAP Benefits Accepted by Instacart?
- The Federal Stimulus Checks Arrived Just in Time for Millions of Americans: 11.7 Million People Were Lifted Out of Poverty
- Another Stimulus Check Will Be Issued in May: the $300 Delaware Relief Payment Is Expected to Be Distributed by the 31st
It doesn’t have to be challenging to locate a reputable financial counselor. A fiduciary standard is in place for all SmartAsset-vetted advisors, who must operate in your best interests. You can be matched with up to three local fiduciary financial advisors in only five minutes with SmartAsset’s free tool. The sooner you get started, the better your chances of finding a financial advisor in your area.