“Americans’ grocery bills reflect only a third of a true cost of food, according to a new report, which evaluated factors including healthcare costs, spending associated with biodiversity loss, and the direct environmental impacts of farming and ranching to determine that the U.S. spends at least $3.2 trillion on food each year.
“If we don’t change our food system, future generations will pay those high costs, too.”
—Rockefeller FoundationOfficially the cost is believed to be $1.1 trillion, but as the Rockefeller Foundation explains in its report, True Cost of Food: Measuring What Matters to Transform the U.S. Food System, (pdf) “our food system rings up immense ‘hidden costs’ from its impact on human health, the environment, and social and economic inequity.”
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