A basket of 24 everyday food items costs £30.38 at Sainsbury's compared to £30.43 at Asda, according to MySupermarket.com.
The same basket of goods, including items such as white bread, bananas, eggs, milk, potatoes, beef mince and orange juice, cost £31.15 at Tesco.
Asda has occupied the position of cheapest supermarket for most of the past year since the economic downturn took hold, except in June 2008 when it was held by Tesco.
Sainsbury's has seen prices increase by 13.4 per cent in the past 12 months, compared to an increase of 19.2 per cent at Asda and 20.5 per cent at Tesco.
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