Asked by: Mariem Brunnhuber
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What is an average monthly food budget?

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The USDA publishes a monthly food plan suggesting how much your groceries should be. The average cost of food per month for one person ranges from $165 to $345, depending on your age and gender. These national averages also vary based on where you live and the quality of your food purchases.


Hereof, how much does an average person spend on food per month?

Average Cost of Food Per Month Will Scare You. Americans spend more than 6% of their annual income on food every year. For one person to eat on a "moderate" budget, it costs $3,000 per year, or almost $250 per month. It costs a family of four between $712 and $1,106 per month for groceries.

Furthermore, how much money should 2 people spend on food a month? The average couple spends an average of $625 per month on groceries. This totals $7,500 per year. These figures are according to the USDA's moderate-cost plan.

Regarding this, what is a reasonable monthly food budget?

According to the U.S. Department of Agriculture, Americans spend, on average, around 6% of their budget on food. If you use this method, budget 6% for groceries each month and 5% for dining out. If your take-home income is $3,000 a month, you will budget around $180 for groceries and $150 for dining out.

How much does the average American spend on food a month?

The average American household is 2.58 people, thus the average American person spends $2,792 per year on food, or $233 per month, or $54 per week, or $7.64 per day on food.

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Arie Naberan

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How much should a single person spend on groceries a month?

Luckily, there are some guidelines to ensure you're not overspending. The USDA publishes a monthly food plan suggesting how much your groceries should be. The average cost of food per month for one person ranges from $165 to $345, depending on your age and gender.

Samoil Shentel

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How can I reduce my grocery bill?

25 Ways to Lower Your Grocery Bill
  1. Set a Budget, and Stick to It. These are the first and last words in cutting your grocery bill.
  2. Don't Shop the Same Store Every Week.
  3. Use Coupons.
  4. Buy Clearance Items.
  5. Look for Alternative Grocery Stores.
  6. Try Amazon.
  7. Participate in Meatless Monday.
  8. Stop Wasting Food.

Marleni Alphen

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How much should you spend on food a week?

Young adults' average weekly food spending is $173, more than what older Americans say they spend. Those with incomes of $75,000 or more per year are averaging $180 per week, compared with $144 for those with incomes of $30,000 to $74,999, and $127 for the lowest income group.

Yasine Egerton

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How much should groceries cost per week?

Feeding A Family
Here's what the USDA recommends per week for a family of four, defined by the USDA as a male and female 19 – 50 years old and two children 2 – 11 years old: Thrifty: $131 – $150. Low-Cost: $167 – $197. Moderate-Cost: $206 – $246.

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How much is an electric bill per month?

In 2017, the average residential monthly electric bill was $111.67 in 2017, according to the Energy Information Administration (EIA). If you break down electric bills to kilowatt per hour, it translates to about 13 cents. However, electricity bill prices can vary widely across different parts of the country.

Moner Neinhuys

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How much do you spend on gas a month?

Americans Spend $386.09 Monthly on Gasoline. If you don't keep track of your gas receipts, you might want to start. You're probably spending more on gas each month than you realize. A recent study the Oil Price Information Service did for CNNMoney found that the average American household spent $368.09 on gas in April.

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How much is a water bill for an apartment?

Water usage varies, but plan on the average water bill for a one bedroom apartment to be around $50.

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How much should I save each month?

How much should you save every month? Many sources recommend saving 20 percent of your income every month. According to the popular 50/30/20 rule, you should reserve 50 percent of your budget for essentials like rent and food, 30 percent for discretionary spending, and at least 20 percent for savings.

Ianire Guderjahn

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How much should a family of 3 spend on groceries?

How Much Does It Cost to Feed YOUR Family? ( updated for 2019)
For one child, age: Most recent government estimates of food costs for one month (June 2019, U.S. Average)
Thrifty plan Moderate cost plan
2-3 years $103.90 $160.70
4-5 years $109.50 $171.50
6-8 years $138.60 $233.60

Somer Aird

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What should I eat to save money?

10 foods you should be buying if you want to save money
  • Frozen vegetables are the way to go.
  • Rotisserie chickens are inexpensive and versatile.
  • Keep some bouillon cubes in your cupboard.
  • Pasta meals can be cheap and delicious.
  • Beans and legumes should be a staple in your diet.
  • Eggs are easy, cheap sources of energy.

Alexandr Genis

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How much does a family of 4 spend on food per month?

The USDA uses national food intake data and grocery price information to calculate different costs for a healthy diet at home. The latest numbers for a four-member family: a thrifty food plan, $146 a week; a low-cost food plan, $191 a week; a moderate-cost plan, $239; a liberal plan, $289 a week.

Nekal Tolos

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Is it cheaper to cook at home or eat out?

The subject line caught our eye: "New Study Finds Eating Out Is Cheaper Than Cooking at Home." This particular piece of content contended, among other things, that the cost of a meal at a mid-scale chain restaurant is less than that of a comparable meal cooked at home — only by $2 or $3, mind you, but still.

Fengying Louzao

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How much should you budget for utilities?

If you're working with a budget, and trust me, you should be, your utility costs should be no more than 8-10 percent of your monthly income. That doesn't seem like much, does it? If your monthly after-tax income is $3,000, that means you should be spending no more than $300/month on your utilities. Preferably less.

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What is the average living expenses for a single person?

The annual cost of living for a single adult with no children is $28,474. That is the average across the United States, but that number can be very deceptive. People tend to underestimate the size of the United States.

Krzystof Adolffs

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What is a good grocery budget for 2?

Monthly Grocery Budget Guideline for the Average American Family
Family Size USDA Thrifty Food Plan – Young Children USDA Thrifty Food Plan – Older Children
Grocery Budget for 1 $198 $208
Grocery Budget for Family of 2 $286 $386
Grocery Budget for Family of 3 $468 $550
Grocery Budget for Family of 4 $549 $698

Josune Valetov

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How do people live on 100 a week for groceries?

Following a few simple shopping rules makes it possible:
  1. Set a budget, and add up what you spend every week to make sure you're sticking to it.
  2. Aim for 100% use of all food that comes into your house.
  3. Choose your grocery store carefully.
  4. If you use coupons, use them strategically.
  5. Stockpile.

Pearle Get'Man

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How can I save money by living alone?

10 Ways To Save Money When You Live Alone
  1. Get the basics first. Buy what you really need and the rest can come later.
  2. Learn to cook. Instead of ordering takeout or buying food outside, learn how to cook.
  3. Plan your meals.
  4. Make use of the freezer.
  5. Do your own laundry.
  6. Budget.
  7. Get rid of unnecessary subscriptions.
  8. Live by your means.

Salvi Schoener

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How do you buy groceries on a tight budget?

10 Smart Reader Tips for Eating Well on a Tight Budget
  1. Buy fresh produce when it's in season and freeze it.
  2. Look for sales, and plan meals accordingly.
  3. Try less expensive cuts of meat.
  4. Embrace whole grains and beans.
  5. Plan and prep meals ahead.
  6. Broaden your culinary horizons.
  7. Keep an organized fridge and pantry.
  8. Repurpose leftovers.

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Co-Authored By:

EveryThingWhat Staff Editor

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25th June, 2020

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