How Much Does The Average Grocery Item Cost?

by | Last updated on January 24, 2024

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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. spending has likely increased during the pandemic with people going out to eat less often.

How much does an average grocery shop cost?

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.

What is the average cost of groceries per day?

In the United States, the monthly cost of feeding one person is about $342.11. The average cost of food per day per person is

$11.04

. These are the insights provided by NUMBEO and their overview of food and other expenditures worldwide. Their data suggests that the average cost of food per week for 1 person is $79.08.

How much should a food shop for 1 cost?

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.

What is a good budget for groceries?

When budgeting for food, you should plan to spend a

minimum of $250 per adult, and $150 per child each month

. For example, a family of four with two children should budget $800 per month. This budget should cover groceries and dining out on occasion.

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

.

How much should I spend on groceries 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

.

How much should a single person spend on food a 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 often should a single person grocery shop?

So, how often should you buy groceries? Making more extensive shopping trips

between two and three times per month

is the most optimal way to buy groceries for most families. However, this frequency will differ significantly depending on individual transportation options, store availability, and work schedules.

How much should groceries cost per week?


Single adults: $40 – $78 per week

, or $169.90 – $318.10 per month. Families of two: $92.40 -$183.10 per week, or $400.50 – $793.20 per month. Families of four: $154.80 – $307.60 per week, or $670.70 – $1332.90 per month.

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.

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 a realistic 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 a couple budget for groceries?

What do couples actually spend on 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

.

What is the 30 day rule?

The Rule is simple:

If you see something you want, wait 30 days before buying it

. After 30 days, if you still wish to buy the item, move ahead with the purchase. If you forget about it or realise that you don't need it, you will end up saving that expense. Money not spent is money saved.

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.