Unexpectedly Intriguing!
24 May 2022

More grocery stores have increased their prices to consumers for an iconic No. 1 size can of Campbell's Condensed Tomato Soup. Here's how prices have changed since our previous snapshot of prices at ten of the U.S.'s largest grocery-selling retailers roughly two months ago.

  • Walmart: $1.17/each, unchanged
  • Amazon: $0.99/each, unchanged (Lowest)
  • Kroger: $1.25/each, unchanged
  • Walgreens: $1.50/each, unchanged when you buy 2 cans
  • Target: $1.29/each, increase of $0.10 (+8.4%)
  • CVS: $2.19/each, increase of $0.40 (+22.3%, Highest)
  • Albertsons: $1.59/each, increase of $0.59 (+59.0%)
  • Food Lion: $1.19/each, increase of $0.19 (+19.0%)
  • H-E-B: $1.21/each, unchanged
  • Meijer: $1.19/each, increase of $0.19 (+19.0%)

For the latest in our coverage of Campbell's Tomato Soup prices, follow this link!

Among these sellers, only Amazon continues to sell a can of Campbell's condensed tomato soup for under $1.00. The next lowest price available to consumers is Walmart's $1.17 per can.

Since Amazon sells many fewer cans of tomato soup than all these other grocery-selling retailers, that means most tomato soup-buying American households are now typically paying far more than $1.00 for each can of Campbell's tomato soup they buy. So much so that the trailing twelve month average of a can of Campbell's Condensed Tomato Soup has jumped to reach a new record high of $1.04 per can. The following chart presents the entire price history of a No. 1-size can of Campbell's Condensed Tomato Soup we've assembled to mark the occasion:

Campbell's Condensed Tomato Soup Unit Price per Can, January 1898 - May 2022

We anticipate the trailing twelve month average for Campbell's Tomato Soup will reach nearly $1.20 per can by the end of 2022. How long do you suppose Amazon might continue selling the product at what is now a deeply discounted sale price of $0.99?

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