What Is The Average Monthly Food Cost For One Person

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What Is The Average Monthly Food Cost For One Person Thrifty 119 40 per week Low cost 122 90 per week Moderate cost 152 30 per week Liberal 190 10 per week Of course these numbers will also depend on your state and city of residence as a household in Hawaii can expect to spend far more than one in Idaho What is a good daily food budget

How Much Should I Spend on Food Each Month Here is the average cost of food per month based on family size in 2022 1 Person 367 10 2 People 677 40 Family of 3 883 00 Family of 4 1289 50 Family of 5 1468 00 Average Cost of Food Per Month in 2022 The average cost of groceries in America in 2023 is 415 53 a month per person 1 However this number can vary greatly depending on factors like age and personal eating habits Location is another important though potentially surprising factor in determining food costs Groceries cost more in some US cities and states than others

What Is The Average Monthly Food Cost For One Person

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The U S Department of Agriculture creates monthly food plans you can use as guidance for grocery spending The plans estimate the average cost of nutritious home prepared meals and snacks USDA Food Plans Cost of Food report for October 2009 52 04 KB USDA Food Plans Cost of Food report for September 2009 USDA Food Plans Cost of Food report for August 2009 Official USDA Alaska and Hawaii Thrifty Food Plans Cost of Food at Home 1st half 2009 USDA Food Plans Cost of Food report for March 2009

The average monthly expenses reported here are from the 2022 Consumer Expenditures Survey 1 conducted by the U S Bureau of Labor Statistics and released in September 2023 the latest data A Guide to the Average Cost of Groceries Per Month in 2023 The Number of People in the Household as a Factor How to Create a Budget Grocery List Although groceries are a necessary expense what may surprise you is just how much people spend on food each month

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Updated Jan 9 2024 American households spend an average of 61 334 per year or 5 111 per month 82 of our after tax income Most households have the same major expenses housing transportation taxes and food make up 78 of our budgets Understanding the average cost of living can help you create a budget and make good financial decisions According to 2022 data from the USDA a moderate cost plan for a grocery budget for one person can range between 76 92 and 96 72 per week or between 333 48 and 418 80 per month These totals range based on gender and age and don t take into account factors including grocery source meals eaten out per week and dietary restrictions

Average Monthly Grocery Budget Bill for One Person or More There are several factors that determine how much a person might spend on groceries each month These include age gender how many people live in the household and monthly budget Another major factor is the region one lives in Some areas have much more expensive food than others Prices for 9 food categories increased by more than 10 percent in 2022 Egg prices rose most sharply by 32 2 percent primarily as a result of the highly pathogenic avian influenza outbreak

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What Is The Average Monthly Food Cost For One Person - The U S Department of Agriculture creates monthly food plans you can use as guidance for grocery spending The plans estimate the average cost of nutritious home prepared meals and snacks