Vegas Grocery Prices Rise 2%, Walmart Remains Cheapest: Analyst

Bank of America Securities (BofA) analysts conducted a grocery price study in Las Vegas, comparing April 2025 in-store prices with those from a year earlier.

They found average prices were up 2% year-over-year (and 23% higher than in 2019), with eggs driving much of the increase, excluding them, prices rose just 1%.

Year-over-year, price hikes were the largest at Kroger Company (NYSE:KR) and smallest at Dollar Tree, Inc.’s (NASDAQ:DLTR) Family Dollar and Amazon.com, Inc.’s (NASDAQ:AMZN) Whole Foods Market.

Also Read: Walmart Snaps 10-Day Losing Streak: It’s Longest Since 2004, As Profit-Takers Step Aside

Over six years, the biggest increases were seen at Sprouts Farmers Market, Inc. (NASDAQ:SFM) and Dollar General Corporation (NYSE:DG), and the smallest at Whole Foods Market and Walmart Inc. (NYSE:WMT).

Analysts compared year-over-year trends and price positioning relative to Walmart using like-for-like item baskets, finding Walmart maintained the lowest grocery prices across all retailers except Dollar Tree.

At Dollar Tree, $1.25 items were 16% cheaper than Walmart, while multiprice items, mainly frozen and refrigerated, were 2% more expensive.

This apart, BofA Securities analysts visited a Dollar General Market store with produce in Las Vegas and observed that produce prices were 16% higher than Walmart’s, up from a 14% gap last year.

Across Vegas retailers, they found average grocery prices had risen 2% year-over-year, or 1% excluding eggs, led by an 8% increase in dairy, while center store prices were slightly down by 1%.

Egg prices rose sharply (30%-70%) at nearly all retailers except SFM, where prices were flat, a trend similar to BofA’s Dallas study in February.

Compared to 2019, prices in Vegas were up 23% on average, with the biggest 6-year increases at Sprouts Farmers Market and Dollar General (both +32%), and the smallest at Whole Foods Market (+11%) and Walmart (+16%).

Read More:

• Pavel Durov’s 100-Plus Children Won’t See A Cent Of His Fortune Until 2055, Here’s What The Telegram CEO Plans To Do With His Estate

Photo via Shutterstock