Man staggered by today's price of a grocery haul which cost him $127 in 2022 - days after Treasury Secretary Janet Yellen denied effect of 'sticker shock'

A Walmart shopper has documented his shock at discovering at discovering his Walmart grocery haul now costs four times what it did in 2022.  

The man - known as Sewerlidd on TikTok - described the moment he was browsing through his Walmart account when he stumbled upon an option to reorder his previous grocery haul from two years ago.

To his shock, the order of 45 essential items which cost him $127 in 2022 now tallied up to a staggering $414.

'I feel like I'm going to be sick,' he said as the video started. 'I just looked through my Walmart history and I found my order from two years ago for the whole month worth of groceries.' 

The revelation lays bare the effect of America's still-hot inflation, just days after Treasury Secretary Janet Yellen denied the effect of 'sticker shock.'

'Forty-five items costs $126. Now, this order of forty-five items for one month would've cost $414. That is four times more.' 

The post resonated with his viewers as many users agreed and described their similar financial shock in recent years. 

'I used to spend $180 for 2 weeks for my family of four and the dog. I am now spending upwards of $430 and trying to figure out what else I can cut. sorry kids you don't get barbecue sauce,' one wrote.  

Another commented: 'And this is why I went from buying healthy food back to only buying sandwich materials.' 

'I knew it was going to be bad. I didn't know it was gonna' be this bad,' a third disappointed user wrote. 

The average price of food in the United States increased 2.1 percent in the 12 months ending in May 2024, according to the US Labor Department's Bureau of Labor Statistics (BLS). 

Earlier this week, Yellen addressed concerns over inflation during an interview, where she denied experiencing personal 'sticker shock' at grocery stores despite persistently high food prices. 

But Yellen attributed these surging prices to various factors, including increased labor costs and global commodity prices.   

Yellen - who is worth about $20 million, according to Forbes - said she goes to the grocery store 'every week' and isn't shocked by the prices.

In an interview this week, Yahoo! Finance reporter Jennifer Schonberger asked: 'It's sticker shock isn't it? Just when you look at shipping costs, those have come down, global food commodity prices have also come down but food prices still remain high.'

Without even letting her finish the question, Yellen bluntly responded: 'No.'

'I think largely it reflects cost increases, including labor cost increases that grocery firms have experienced, although there may be some increases in margins,' Yellen added. 

She added that she expects inflation to come down and says that it will 'go back to the Fed's two percent target' by early next year.

The Biden administration announced new steps to increase access to affordable housing as still-high prices on groceries and high interest rates have dramatically pushed up the cost of living in the post-pandemic years.

Yellen promoted the new investments on Monday during a visit to Minneapolis. 

The investments include providing $100 million through a new fund to support affordable housing financing over the next three years, boosting the Federal Financing Bank´s financing of affordable housing and other measures.

Grocery prices are up double digits percent under Biden as Americans are routinely shocked by the cost of a typical visit to the store. 

The issue of inflation and the economy consistently remains one of the top issues for voters ahead of the 2024 election.  

A growing economy could inspire confidence in Biden's leadership ahead of the election, but the issue of persistent inflation could ruin that.