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Iranian Inflation Tops 89 Percent as Households Slash Protein Spending

A field survey reveals that Tehran families are rationing meat and abandoning savings to cope with a food basket now costing over $61.

By Bianca Shevchenko ·

Illustration for: Iranian Inflation Tops 89 Percent as Households Slash Protein Spending
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Inflation in Iran reached 89.9 percent in September, forcing households across Tehran to cut essential expenses. Families are reducing consumption of meat and protein, splitting restaurant bills, and drawing down savings to cover rising costs. The economic strain has pushed the cost of a basic food basket for a family of three to more than 168 million rials, or approximately $61.70.

The financial squeeze intensified after the United States and Israel launched a war against Iran on February 28. The conflict damaged infrastructure and disrupted trade. A US naval blockade reduced oil exports and imports, while Iranian attacks on the Strait of Hormuz hindered shipping. In August, the US Treasury began a new sanctions campaign labeled "Economic D-Day" to isolate Tehran financially. These measures followed years of sanctions and a steady decline in the value of the rial.

A field survey by Radio Farda in central Tehran documented the shift in consumer behavior. The cost of cooking chicken and barberry nearly doubled in one year. A meal of ghormeh sabzi, a traditional herb stew, now costs 23 million rials ($8.45) when served with rice. Potato patties cost about 4 million rials. Many families reserve meat and chicken for children, while adults rely on legumes and substitutes.

The government's 10 million rial food voucher covers less than 18 percent of the per-person food cost. This is a drop from about 30 percent in December 2025. Factnameh, a Canada-based fact-checking outlet, calculated that the basket of 11 essential food items cost 56 million rials ($20.70) per person in September. The average monthly wage is estimated at $100.

Central Bank Governor Abdolnaser Hemmati acknowledged the "heavy burden" on Iranians on October 23. He stated that efforts to isolate the country's economy had failed to achieve their main objective. A retired woman living on a monthly pension of 180 million rials ($66) reported cutting back on meat and protein sources since March. She worries about her health but notes she avoids rent payments.

Higher earners also face financial pressure. A middle-aged man in western Tehran with household earnings of 1 billion rials ($367) said he can live for today but has no savings for tomorrow. His income exceeds the average Tehran household income of 600 million rials ($220). A 28-year-old woman earning 400 million rials ($147) a month now splits one dish between two people at cafes to make outings affordable. She noted that sharing meals is the only way to maintain social activities.

The January protests, driven by hardship, were suppressed in a deadly crackdown by authorities. The current economic conditions continue to drive household spending decisions. Families are prioritizing basic necessities over travel, dining out, and savings.

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