Annual Inflation Adjustment Will Increase SNAP Allotments but Fundamental Change Is Needed to Close Meal Affordability Gap
The Supplemental Nutrition Assistance Program (SNAP) maximum allotments will increase in fiscal year (FY) 2023, but fall short of the amounts needed for adequate diets, according to a Food Research & Action Center analysis. The cost-of-living adjustments, announced by U.S. Department of Agriculture in August 2022, reflect the pricing of the Thrifty Food Plan (TFP) market basket in June 2022. Given the impact of inflation in recent months, the maximum benefit for four-person SNAP households with the lowest incomes will increase from $835 to $939, but still will be $75 below the level calibrated to the more realistic Low-Cost Food Plan.