12/15/2023 0 Comments Cost of groceries per month for 1Instead, consider the food plans created by the United States Department of Agriculture, which detail monthly at-home food costs for May 2021, depending on four spending levels of thrifty, low-cost, moderate-cost and liberal. households spend on food, that doesn’t mean that’s how much you should budget for your own grocery bill each month. While around $387 per month is the average amount U.S. How Much Should I Be Spending on Groceries Per Month? According to a 2019 study about food shopping, lower-income households purchase fewer fruits and vegetables than those households with a higher income. Low income, however, not only comes with a need to make every penny count to stretch the food budget, but it can also influence overall choices. For example, people with higher income can afford to pay more for organic produce, prepared foods and gourmet items. Unsurprisingly, a higher income rolls out a smorgasbord of options. How much you make will also determine how much you spend each month on groceries. Higher Income Earners Spend More on Groceries But that figure will vary depending on the type of food each household buys, the amount consumed, the prices for groceries where you shop and whether you use one of the grocery delivery services that charge additional fees. household spend on groceries per month? According to 2019 data from the Bureau of Labor Statistics, the average spending on food at home is $4,643 annually or about $386.92 per month for U.S. and ways to determine how much you should be spending. To help you sort it all out, here are the facts about the average cost of groceries each month in the U.S. However, if you don’t budget for groceries and instead just buy what you need - and want - at intervals throughout the month, you could be overspending. And you’ve likely gotten more used to buying groceries and eating at home since the pandemic struck. Spending money on food is non-negotiable we have to eat.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |