That being said, the U.S. Department of Agriculture determines that the average grocery bill for one person per
month ranges from $165 to $345
. The USDA also states that the average American spends 5.2% of their income on groceries and 4.7% on restaurants, totalling just under 10% of your income on all food consumed.
How much do groceries cost per month for 1 person?
Average Cost of Food Per Month for 1 Person
How much should a single person spend on groceries? According to the latest USDA report the average adult
male spends between $193 – $358
on groceries per month. The average adult female spends between $174 – $315.
How much should a family of 1 spend on groceries?
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. While that may sound about right for some households, for others it may be way off the mark.
What is the average grocery bill for 1 person?
Average grocery bill in NSW
In New South Wales, people spend on average
$160 per week
for groceries, equating to $640 a month or $7,680 per year.
Is it cheaper to cook or eat out?
Is It More Expensive to Eat Out? There's almost no way around it—
eating out will almost always cost more than cooking a meal at home
. While the average cost of eating out varies dramatically depending on the restaurant you go to, most restaurants charge about a 300% mark-up on the items they serve.
What is the average monthly grocery bill for 2?
These are the latest plan totals at the time of this writing for a family of two, defined as a male and female between ages 19 and 50:
Thrifty plan: $402.80 per month
. Low-cost plan: $517.50 per month. Moderate-cost plan: $640.20 per month.
How much does 1 person spend on gas per month?
Average Transportation Costs in the U.S.
Nearly 90% of U.S. households report spending money on gasoline, an average of nearly $3,000 per year. The average cost of
gas per month is $250
.
How much should a single person spend on groceries per week?
For individuals, here's what those guidelines say you should be spending each week on food (actual number depends on age and sex): Thrifty:
$37 – $43
.
Low-Cost: $47 – $56
.
Moderate-Cost: $59 – $70
.
How much should I spend on groceries a week?
Weekly Grocery Budget Spending Ranges Recommendations:
Single adults: $59 – $91 per week
, or $236 – $364 per month. Families of two: $92.40 -$183.10 per week, or $400.50 – $793.20 per month. Families of four: $154.80 – $327.70 per week, or $670.70 – $1310.80 per month.
How much does water cost monthly?
The water portion of a utility bill is typically smaller than electricity, gas, cable, and internet, with exceptions. Using about 100 gallons per person per day, an average U.S. family four paid
about $72.93 for water every month
in 2019.
What are all monthly expenses?
- Restaurants and Groceries. When budgeting for your monthly expenses, start with what we call the Four Walls—aka the basic necessities you need to survive: food, utilities, shelter and transportation. …
- Utilities. …
- Housing. …
- Transportation. …
- Giving. …
- Insurance. …
- Essentials. …
- Childcare.
How can I lower my grocery bill?
- Plan Ahead. Before you plan out your menus for the week, check the store ads to see what's on sale. …
- Be Savvy with Coupons. …
- Buy Generic. …
- Eat Healthier. …
- Buy Produce In Season. …
- Don't Always Buy Fresh Produce. …
- Buy “Must-Go” Foods. …
- Check Unit Prices.
Is eating out a waste of money?
Eating out is
a colossal waste of money
(most food and beverage items have a huge markup). … Eating out can rob you of personal time with family and/or spouse (think about the teamwork needed to prepare a nice meal – it's the kind of behavior that makes families and couples bond).
Should I cook or eat out?
2. It's
proven to be healthier
. Some studies suggest that people who cook more often, rather than get take-out, have an overall healthier diet. These studies also show that restaurant meals typically contain higher amounts of sodium, saturated fat, total fat, and overall calories than home-cooked meals.
Why is it bad to eat out all the time?
Eating out for lots of meals
increases your risk of heart disease or stroke
. A diet high in fat, cholesterol, and sugar increases one's risk of heart disease.
How much should a 2 person budget for groceries?
Average grocery bill for 2 For a two-adult household, the figure above will double:
$350 to $690
. The number goes down a bit for adult-plus-child households. For one adult and one child between 1 and 11 years old, budget for roughly $300 to $590 each month.
