The price of eggs has soared in the past few months and shoppers are doing double takes as a dozen eggs rings up at more than $9 at some retailers. In December 2024, wholesale eggs averaged $4.62 per dozen, according to the U.S. Department of Agriculture. But prices vary significantly by region due to transportation costs, local demand and market competition, with average costs of $8.04 in California and $6.25 in New York as of Jan. 10. The biggest factor pushing up egg prices is a wave of avian flu, which began in early 2022 and led to the culling of millions of egg-laying hens. With demand remaining steady, the reduced supply has caused prices to rise. This is the second time egg prices have surged since 2022, following a previous wave of avian flu that wiped out large numbers of egg-laying hens and caused supply shortages that year. Avian flu has wiped out over 100 million chickens since a major outbreak began in early 2022. When prices might decline With supply still struggling to recover and cases continuing, grocery store egg prices show no signs of easing anytime soon — but they will eventually. While the U.S. Department of Agriculture doesn’t forecast national wholesale prices, the New York wholesale average per dozen is considered the industry standard. Last month, the USDA estimated New York’s average price would remain high at $4.80 in the early part of the year, but eventually drop to $2.35 per dozen by the end of 2025, up from an earlier projection of $2.10 per dozen. While prices are expected to ease from late 2024 highs, they will likely stay above pre-outbreak levels through 2025. However, further outbreaks or supply disruptions could push prices higher again, as egg prices tend to change quickly in response to market conditions. Want to up your AI skills and be more productive? Take CNBC’s new online course How to Use AI to Be More Successful at Work. Expert instructors will teach you how to get started, practical uses, tips for effective prompt-writing, and mistakes to avoid. Pre-register now and use coupon code EARLYBIRD for an introductory discount of 30% off $67 (+ taxes and fees) through February 11, 2025. Plus, sign up for CNBC Make It’s newsletter to get tips and tricks for success at work, with money and in life.