How Much Does It Cost To Feed Two Adults Per Week?

by | Last updated on January 24, 2024

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Moderate-Cost : $137 – $142 . Liberal: $166 – $178 .

How much should 2 adults spend on food a week?

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.

How much should 2 adults spend on groceries per month?

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. Average grocery bill for 2 For a two-adult household, the figure above will double: $350 to $690 .

What is a reasonable food budget for 2 adults?

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. Average grocery bill for 2 For a two-adult household, the figure above will double: $350 to $690 .

How much should 2 people spend on 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.

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.

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’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.

How much should a single person spend on food per week?

For your weekly or monthly budgeting follow these guidelines: Single adults: $40- $80 per week , or $160 – $350 per month. Families of two: $85-$180 per week, or $380-$775 per month. Families of four: $130-$300 per week, or $570-$1300 per month.

How much should a couple budget for groceries?

The BLS report, which averages together all couples without regard to genders, shows they spent $8,226 on groceries in 2018, which works out to about $686 per month .

How can I lower my grocery bill?

  1. Track your food expenses for one week.
  2. Get cash back on grocery purchases.
  3. Make a shopping list and stick to it.
  4. Buy non-perishable items in bulk.
  5. Make your own versions of prepared and processed foods.
  6. Pre-cook food for the week.
  7. Buy produce locally and in season.
  8. Use a meal delivery service.

What does the average couple spend on eating out per month?

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 money do you save when you eat at home?

By contrast, the average meal prepared at home costs around $4 for groceries – a $9 savings per person per meal . To put it another way, a $13 restaurant meal is about 325% more expensive than a $4 meal you prepare yourself. You’ll save even more if you make, and use leftovers.

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).

How many times a week does the average American eat out?

The average American eats an average of 4.2 commercially prepared meals per week. In other words, as a nation, we eat out between four and five times a week , on average. This number equates to 18.2 meals in an average month eaten outside the home.

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.