If you have a Publix nearby, I would recommend checking to see if the coupons for Sargento Cheese are still available. This week the shredded cheese is on sale for $2/bag so it will only be $0.50 after coupon. This is a Publix store coupon so it can be combined with a manufacturer's coupon if you have it. Make sure you look at the printable coupon carefully... It is very specific on what cheese you must purchase.
Here's how I got 4 bags for a $1...
Sargento Cheese on sale for $2/bag
I used 4, $1.50 off 1 Publix coupons
I used 2, $0.50 off 2 manufacturer's coupons (Sunday paper)
Final cost: $0.25 each
Shredded cheese freezes really well so stock up!
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