I've lived in Sweden, Germany, and the United States. Just being honest about my experience here, but the cheap stuff (like potatoes) are cheaper in the EU but the expensive stuff (like beef[0]) are more expensive.
When you take quality into account it’s no contest. You literally can’t buy American beef in the EU because it is so contaminated with hormones and antibiotics.
This is a pretty common claim, but in the US you can buy similarly 'pure' beef and it's still cheaper. I prefer the EU approach for general food production, requiring every stage of the process be clean enough that you don't need to chlorinate chicken, for example. But, Americans do have access to the same quality food at much lower prices (and they earn more besides).
[0] https://www.globalproductprices.com/rankings/beef_price/