So, my wife came home with a box of healthy cereal (pictured on the right). One pound of Ezekiel cereal cost us $4.89. For a second, let's set aside the fact that one pound of this cereal costs more than the SNAP daily $$ allotment for one person.
One box of cereal has eight half-cup servings in it.
$4.89/8 servings = $.61 per serving.
Now, most stores carry oatmeal for $.99/pound. The two oats containers you see pictured are each 2.5 lbs.
For the same cost as one pound of cereal, I can get five pounds of oats which is 60 half-cup servings!
$5/60 servings = $.08 per serving
And if I buy my oats in bulk, I get them for $.60 per pound. That gives me 8.3 pounds of oats for five bucks!
That's 3.3 containers of oats or about 100 servings of oats.
$5/100 servings = $.05 per serving.
What's the bottom line here? The boxed cereal costs me 12 times as much as oats.
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