What is the average monthly expenses for a family of 3?
Specifically, we will calculate costs for a family of 3 that are living a modest life. The average housing cost will be around $1,789 per month. Food will be $718 per month, while childcare should be approximately $1,135. Compared to other cities, transportation is relatively cheap, at only $550 per month.
What should I eat for $1?
10 Healthy Foods Under $1
- Apples. Great for: Snacks, green salads, main dish salads, and fruit salads.
- Bananas. Great for: Snacks and fruit salads, yogurt parfaits, and smoothies.
- Baby Carrots (in bags)
- Canned Beans.
- Canned Tomatoes.
- Oranges (extra large navel oranges)
- Pears.
- Lentils (dry)
What percent of your income should you spend on food?
Your food expenditures for the month should make up about 10 percent to 15 percent of your monthly take-home pay. Food expenditures are typically classified as anything you purchase at the grocery store, including non-food items like toilet paper, toothpaste and other products.
How much does a family of 4 spend on eating out?
(But in 2019, we spent an average of $418.68 a month eating out, and that wasn’t really happening in 2020, so the money was reallocated.) Also, for what it’s worth, the USDA publishes monthly Cost of Food Reports.
How much does average American spend on food per day?
Average American Spending per Day: All Ages
| Average Daily Spending by Americans of All Ages | |
|---|---|
| Groceries | $11.95 |
| Eating Out | $9.22 |
| Alcohol | $1.53 |
| Entertainment | $8.78 |
Is 100k in savings a lot?
Summary: Is 100k in savings a lot? Yes, it is potentially a decent chunk of change. It’s often thought of as one of the most difficult financial goals to reach.