In this article, we will be taking a look at the 5 most affordable grocery stores in the US. if you wish to learn about more, head straight to the 15 Most Affordable Grocery Stores In the US.
5. Market Basket
Value for Money: 81% of Respondents
Market Basket stands fifth among the most affordable grocery stores in the US and had a revenue of $4 billion in 2023. The company operates 90 stores across New England, primarily in Massachusetts, New Hampshire, Maine, and Rhode Island. Market Basket’s business model is driven by volume, with an average of 2.1 million customer transactions per week. A recent study by the consumer nonprofit Boston Consumers’ Checkbook found out that Market Basket’s prices are about 18% lower than its Boston-area competitors which means that a family spending $250 per week on groceries could end up saving over $2,300 annually by shopping at Market Basket compared to other local grocery chains.
4. Lidl
Value for Money: 83% of Respondents
Lidl operates a total of 173 stores in the US and had a revenue of $110.7 billion in 2023. Approximately 80% of the items sold in Lidl’s U.S. stores are private labels, all of which undergo rigorous taste, quality, and sensory testing. The monthly Lidl visits increased by 35.7% in April 2021 as compared to the total visits during the same period in 2020.
3. WinCo Foods
Value for Money: 87% of Respondents
WinCo Foods is one of the most affordable grocery stores in the US with over 140 stores across 10 US states. 66 of these locations are in the Northwestern US. In a price comparison survey, WinCo’s prices were found to be 25% lower than the average, potentially saving a family spending $250 per week over $3,500 annually. WinCo was also ranked as one of the top three most visited grocery banners in the Northwestern U.S. in April 2023, with a 10.9% regional visit share. The company had a revenue of $7.2 billion in 2023.
2. Woodman’s Markets
Value for Money: 88% of Respondents
Woodman’s Market is one of the best grocery stores in the US with 19 stores. The company had a revenue of $2 billion in 2023. While exact visitor numbers are not available, Woodman’s is known for its busy, crowded stores, with one Reddit user describing it as “shopping on Black Friday, except it’s every goddamned day.”
1. Aldi
Value for Money: 90% of Respondents
Aldi tops the list for being one of the most affordable grocery stores in the US. It operates around 2372 stores spread across different states and had a revenue of $121.1 billion in 2023. The company offers a private-label product mix of over 90% which allows for better cost control and efficiency. Aldi’s fruit and vegetable prices are reported to be 20-40% lower than competitors, and the chain almost always has the lowest prices for core products like bread, milk, and eggs
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