What is the average weekly grocery bill for a family of 4?
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.
How much does an average family of 4 spend on groceries a month?
The average cost of food per month for a family of 4 was the highest at $1,106.40. In the table below, we included the monthly food cost between September 2016 and September 2020. These figures are based on the USDA reports on a moderate-cost food budget for different types of consumers.
How much does the average family spend on groceries per month?
What is the average cost of groceries per month? The average cost of groceries for U.S. households is $4,643, based on 2019 data from the U.S. Bureau of Labor Statistics. This works out to about $387 per month. Grocery spending has likely increased during the pandemic with people going out to eat less often.
What is a reasonable grocery 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 |
How much should a family of 3 spend on groceries a week?
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 |
How can I spend 500 a month on groceries?
How I Spend Less Than $500 Per Month On Groceries For Three…
- I adhere to a three-day meal plan.
- Reuse ingredients for different meals.
- Shop the sales whenever possible.
- Buy your staples in bulk.
- Start cooking in larger quantities.
- Budget grocery stores are your friend.
How much money do you save by not eating out?
That’s according to a new TD Ameritrade survey of over 1,000 U.S. adults contacted between April 24 through May 4, 2020. About 78% say they’ve saved money by not going out to eat. That’s savings of around $245 on average since the pandemic started.
How much does an average person spend on eating out?
The cost of dining out The average American household spends about $3,000 a year dining out, according to the Bureau of Labor Statistics (remember that one person spending only on him/herself counts as a household, too.)
How much does the average person spend on food per day?
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.
How much should a single person spend on groceries?
Average grocery bill for 1 If you’re a single adult, depending on your household budget, look to spend between $175 and $345 each month on groceries.