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How much does a family of 1 spend on groceries per month?

How much does a family of 1 spend on groceries per month?

The Average Cost of Groceries Per Month What does the average U.S. household spend on groceries per month? According to 2019 data from the Bureau of Labor Statistics, the average spending on food at home is $4,643 annually or about $386.92 per month for U.S. households.

What is a reasonable grocery budget per month?

Nationally, the average annual cost of groceries for U.S. households is $4,643, according to 2019 figures from the Bureau of Labor Statistics. That puts the average monthly grocery bill at $387 a month.

How much should a family of 4 spend on food a month?

The average cost of food per month for a family of 4 was the highest at $1,120.90. In the table below, we included the monthly food cost between April 2017 and April 2021. These figures are based on the USDA reports on a moderate-cost food budget for different types of consumers.

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How much does average family spend on groceries 2020?

In 2020, households in the lowest income quintile spent an average of $4,099 on food (representing 27 percent of income), while households in the highest income quintile spent an average of $12,245 on food (representing 7 percent of income).

Is it cheaper to buy groceries or eat out?

The average commercially-prepared meal costs around $13. Even if you rarely spend this much money at one time when you eat out, consider frequency. Two meals for $6.50 will add up to the same price. By contrast, the average meal prepared at home costs around $4 for groceries – a $9 savings per person per meal.

What is a good food budget for a family of 4?

Monthly Grocery Budget

FAMILY SIZE SUGGESTED MONTHLY BUDGET
1 person $251
2 people $553
3 people $722
4 people $892