How Much Should A Family Of 4 Spend On Groceries NZ?

by | Last updated on January 24, 2024

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Four-person households across Aotearoa spend, on average,

$208.50 on food every week ($832 per month)

(excluding beverages and restaurant meals), according to Stats NZ.

How much does the average NZ family spend on groceries?

Four-person households across Aotearoa spend, on average,

$208.50 on food every week ($832 per month)

(excluding beverages and restaurant meals), according to Stats NZ.

How much should I be spending on groceries for a family of 4?

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

people


$892

What is a reasonable grocery budget?

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 bill at $387 a month

. While that may sound about right for some households, for others it may be way off the mark.

How can I spend $100 a week on groceries?

  1. Step One: Plan Ahead. …
  2. Step Two: Use Wunderlist. …
  3. Step Three: Shop Your Local Outdoor Markets. …
  4. Step Four: Buy What Is On Sale For Meat and Fish. …
  5. Step Five: Buy What Is In Season. …
  6. Step Six: Buy in Bulk and Make at Home. …
  7. Step Seven: Avoid the Middle Aisles.

How much should 2 adults spend on groceries a month?

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.

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.

How much should I spend on groceries a week?

Still, the USDA does offer some guidance for teenagers and people of all ages. For instance, a moderate budget for a teenage boy between ages 14 and 18 would be

$74.50

in groceries a week (or $40.60 a week if you have what the USDA calls a thrifty budget and $86.10 a week for a liberal budget).

What is the number 1 healthiest food in the world?

So, having scoured the full list of applicants, we have crowned

kale

as the number 1 healthiest food out there. Kale has the widest range of benefits, with the fewest drawbacks when stacked up against its competitors.

What is a basic grocery list?

  • Bakery and Bread.
  • Meat and Seafood.
  • Pasta and Rice.
  • Oils, Sauces, Salad Dressings, and Condiments.
  • Cereals and Breakfast Foods.
  • Soups and Canned Goods.
  • Frozen Foods.
  • Dairy, Cheese, and Eggs.

How do you feed a family of 4 on $25 a week?

  1. Plant a Vegetable Garden to Feed Your Family.
  2. Barter for Fresh Produce or Meats.
  3. Use Less Meat and More Beans and Vegetables.
  4. Cook Food for Your Family From Scratch.
  5. Plan Your Food Around Items on Sale.
  6. Use Leftovers for Lunch.
  7. Limit the Variety of Food That Your Family Eats.

Is $400 a month good for groceries?

I highly recommend that you take out your $400 monthly grocery budget

in cash at the beginning of each month

. Then, just bring about $100 worth of cash with you to the store when you shop. … This might sound militant, but it's one of the best ways to ensure that you actually follow your budget.

What is a normal grocery budget for 2?

What Is the Average Grocery Bill for Couples and Families? The average weekly grocery bill for two people between the ages of 19 and 50 is

$148

, according to the USDA. For couples ages 51 to 70, you're spending $143, the agency says.

What's the 50 30 20 budget rule?

The 50/30/20 rule of thumb is a set of easy guidelines for how to plan your budget. Using them, you allocate your monthly after-tax income to the three categories:

50% to “needs,” 30% to “wants,” and 20% to your financial goals

. Your percentages may need to be adjusted based on your personal circumstances and goals.

Is it cheaper to eat out if your single?

But among singles who only have to financially fend for themselves, food spending can be a sticking point. … If you're single and find you're spending too much on food and dining out, here's what to look at. Cook.

Eating out almost always costs more than cooking at home

— unless you're OK with fast-food dollar menus.

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).

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.