PHOENIX (AZFamily) — The price of beef is taking a bigger bite out of your grocery budget. According to the Consumer Price Index, the cost of ground beef is reaching record highs, and steak is seeing an even sharper increase.
Hobe Meats has been in Phoenix since 1961. Bret Pont has owned it for the last 17 years. He’s noticed beef getting more expensive firsthand. “Everything these days. It seems like everything’s just gone up,” he said.
According to the Consumer Price Index, the cost of uncooked ground beef was up 10.3% from June 2024 to June 2025. The cost of steaks grew 12.4% in the same time period…