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I mean, there are plenty of sci-fi concepts where there is widespread UBI, and what it means is you have large portions of the population unemployed and permanent on assistance and employment is only for the social elites.
Which is to say when you raise the floor, you also raise the ceiling.
UBI that has been used IRL is often highly targeted to select population groups (like single parents, or in a single municipality). It's never been widespread.
and of course any wide spread UBI, would be a quick reason for landlords, food companies, etc, to simple raise prices and pocket it, thus defeating the purpose entirely.
Easy fix: public housing only for rental and public supermarkets.
Yeah I think to your final point, some type of price increase regulations would have to come out parallel. Not sure how that would work but interested in learning.