How Much Does The Average Couple Spend Eating Out A Month?

by | Last updated on January 24, 2024

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The average American spends

$232 per month

eating meals prepared outside the home. Given that there’s 18.2 meals eaten outside the home in an average month by the average American, the average meal outside the home costs a person $12.75.

How much does food cost for two people a month?

The lowest average cost of groceries per month for 2 in April 2021 was

$387.00

. This amount applies to families with a thrifty spending plan whose members are aged 51-70. If the family has two members aged 19-50, then the cheapest food expenses are a bit over $400.

How much should one person spend on food a 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

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

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 a 2 person budget for groceries?

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 an average person spend on eating 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 many times a week does the average American eat out?

So, how many times a week does the average american eat out? A study shows that the average american eats out

5 times every week

.

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).

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 the average weekly grocery bill 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.

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

.

Is it bad to eat out everyday?

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. When dining out, there are more temptations to delve into the sugary desserts and condiments, or to splurge with an entree you just can’t replicate at home.

What age group eat out the most?

Consumers, particularly those aged

35-64

, most commonly eat out with their partner. One in five consumers (21%) aged 18-34 last ate a meal out with their parents.

How many times a month should you eat out?

If you really want to save money, Gidus recommends limiting yourself to

once a week

. But, she adds, “if you can get a nice nutritious lunch from the deli next door, you can do it every day.” You can also make the most out of your meals out by saving leftovers and getting more meals out of them.

Which generation eats out most?


Millennials

Eat Out More — and Spend More When They Do — Than Non-Millennials. Millennials — that is, people born between 1980 and 2000 — eat out more than non-millennials and also spend more money eating out.

What is the slowest day for restaurants?

Most studies and reports from other restaurant owners say that the slowest restaurant days are

Mondays and Tuesdays

. The social suggestion is, then, that most people are feeling too tired and are suffering from post-weekend blues to consider going out to eat on Monday and Tuesday nights.

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.