Shopper discovers old grocery receipt from 1992 showing huge price changes over the decades!

Have you ever found yourself reminiscing about the ‘good old days’ when the price of groceries was significantly lower than it is now?

Comparing the cost of living from yesteryear to today’s standards can be disheartening.



Inflation and other economic factors have caused the price of basic goods to skyrocket over the years, making it challenging for many people to make ends meet.

With the enormous cost of groceries ever-inflating, it's hard to remember a time of reasonably priced food.

As we scan our groceries at the checkout, it's easy to overlook how much their prices have risen.

Yet, a startling realisation came for one man when he stumbled upon an old receipt he had kept hidden for thirty years.


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The 30-year-old receipt showed how many grocery items used to retail in the 90s. Credit: Facebook/Old Shops Australia.




The receipt was from a Pennant Hills Coles store back in 1992, and upon comparing it to today's prices, the extent of grocery price inflation over the last thirty years became apparent.

‘I found this old Coles receipt from 1992 being used as a bookmark in an old book over the weekend… the snags were probably 1kg packs, and the chips were probably my favourites, Smiths salt and vinegar,’ the man wrote in a post on Old Shops Australia.



The receipt revealed that in 1992, two kilograms of white onions cost $2.48, and a large bag of chips for entertaining cost only $2.98. In stark contrast, today, you can be charged as much as $7.20 for a smaller bag of chips.

The receipt also displayed the prices of two packs of thick sausages, which were $6.15 and $5.91, respectively.

This unexpected discovery served as a powerful wake-up call to the extent of price hikes over the decades.


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Many factors affect the prices of essentials these days, including inflation and supply chain issues. Credit: Pexels/Erik Scheel.



The post captured the attention of many group members, who were taken aback by the significant increase in grocery prices over the years.

One user wrote: 'Snags used to be around $1.99 to $2.99 per kilo back then.’

'Wow, this is back before GST,' another eagle-eyed commenter pointed out, referring to the apparent lack of sales tax on the receipt.

Key Takeaways
  • An old Coles receipt from 1992 was found in a book, revealing the stark differences in grocery prices compared to today.
  • The receipt showed significantly lower prices for items such as onions, chips, and sausages.
  • Members of the Facebook group 'Old Shops Australia' expressed their shock at the inflation of grocery prices over the years.
  • The receipt also highlighted the absence of a sales tax at the time, predating the introduction of the GST.



Members, have you ever been stunned by the comparison between today’s prices and those of the past? Share your stories and memories in the comments below.

It can be demoralising to compare past grocery prices to today's costs. However, there are still ways to save on groceries in today's world, and the SDC is here to guide you through them.



We recommend checking out the SDC website’s Money Saving Hacks section to stay on top of the latest tips on reducing your bills.

We also suggest checking out the Deals, Discounts, and Bargains section of the page for the hottest deals on the market as of late.

What are your thoughts on this comparison, folks? Did you also notice the massive price increases of grocery items? Share your thoughts with us in the comments below.
 
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one can't compare the two without considering wages at the time. It needs to be placed into real context to make a comparison. for eg. in 1977 I paid 22c a litre for petrol, $25 /week for rent and my salary was $64 week after tax. And first car (new) in 1977 was $3300 and gross annual salary was $8000.
 
Back in the late '90's petrol really started to climb from around the mid 80c/litre mark to a point where everyone was frightened and angry that soon we may even be paying $1/litre......full on shock and horror I can tell you about the fuel increases back then.😲
 

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