The cost of food has been rising, with year-on-year food price inflation the highest it’s been since 2011.
Brand switching is one of them. It’s no secret that home-brand products are cheaper than branded alternatives, but exactly how much you can save may surprise you.
Data from grocery comparison app Frugl showed a 500g bag of supermarket-branded pasta was 66.2 per cent cheaper than the branded alternative, amounting to a $1.95 saving.
There was also a substantial difference between supermarket-brand corned beef and the branded alternative, with 340 grams of brand-name corned beef priced at $8.20 compared to $2.50 for the major supermarket brands.
Plain flour was another product where shoppers could save a lot by brand swapping, with branded flour costing $3, compared to $1.25 for supermarket-branded products.
Unbranded canned vegetables were also a lot cheaper.
Shoppers could save $0.90 by buying a 420g can of supermarket-brand corn kernels, compared to the branded product, and $0.85 by buying the off-brand 400g can of red kidney beans.
For other categories, the saving was less significant. For example, supermarket-brand canola oil was around $7.50, compared to $8 for the branded product.
Other ways to save on groceries
After more tips to keep your food spending down?
Joel Gibson from One Big Switch had a few other suggestions for trimming your grocery bill:
Avoid ‘shrinkflation’: Pay attention to unit pricing, which compares products based on their actual weight
Plan meals before hitting the aisles: And don’t shop hungry
Shop at more than one supermarket: This way, you can “pick the eyes” out of the deals
Shop at discount stores occasionally: Stock up on non-perishable items cheaply by buying in bulk