The price of a peach, or nectarine, or plum.
Saturday, August 30th, 2008Miss Bit loves fruit. Peaches, apples, plums, oranges. She’s been gifted with the nick name of fruit bat she loves it so much. While doing a little research for a class I’m teaching on grocery shopping I stopped at Lenny’s produce. We picked out a nectarine for her, and a couple of plums. I eyed the rest of the produce and noted the prices mentally, and headed home.
Friday on the way to the Aquarium we stopped at one of the Pike Place fruit stands and picked up a peach to go with her lunch.
Transaction cost for the fruit at Lenny’s? 1.07 for 4 pieces of fruit.
Transaction cost for the fruit at the market? 1.70 for 1 piece of fruit.
I’ll assume that the fruit market downtown has to pay a premium for rent, and they are able to market their fruit to tourists. Both stands are locally owned. Lenny’s is a family run business, and the people there care about serving their customers. The Pike Place Market stand has charismatic fruit sellers, always willing to chat and offer you a slice.
Food is a commodity. Where and what you buy dictate what you are going to pay. Prices fluctuate within the season, and within the region. Prices fluctuate based on the quality of the product as well. I didn’t ask the pedigree of the peaches at either location. I think Lenny’s might have looked at me askew had I asked them where their peaches came from. The market fruit stand would have likely told me that the peaches were local.
Is that worth price difference? For me, yes it is. It is worth it to get fresh fruit and vegetables at a lower price, knowing that they should be used in a timely manner. While I’d like to say I can afford $2.00 peaches every day, the food budget just doesn’t always have the room for it.

