How much does the average family of 4 spend on food?
A family of four (the USDA defines this as two adults – one male and one female – and two children) will spend $568 – $651 per month. Low-Cost: This plan represents food costs for the second-lowest quartile of food spending, according to the USDA.
How much should a family spend on food per month?
What is the average cost of groceries per month? The average cost of groceries for U.S. households is $4,942, based on 2020 data from the U.S. Bureau of Labor Statistics. This works out to about $412 per month. Grocery spending has likely increased during the pandemic with people going out to eat less often.
How much money does the average family spend on food per week?
According to the USDA website, the average cost for a family of four with two children under 11 is $212.60 weekly or $7.59 per person per day on a THRIFTY PLAN.
How much should a family of 2 spend on food per month?
Average grocery bill for 2 people For a two-adult household, the figure above will double: $458 to $838. The average cost for groceries per month can go down a bit for adult-plus-child households. Numbers vary widely depending on a child’s age and household budget.
How much does the average family of 5 spend on groceries?
The average cost of food per month for one person ranges from $150 to $300, depending on age. However, these national averages vary based on where you live and the quality of your food purchases….Monthly Grocery Budget.
| FAMILY SIZE | SUGGESTED MONTHLY BUDGET |
|---|---|
| 3 people | $722 |
| 4 people | $892 |
| 5 people | $1,060 |
| 6 people | $1,230 |
How much should a family of 3 spend on food?
The average cost of food per month for one person ranges from $150 to $300, depending on age. However, these national averages vary based on where you live and the quality of your food purchases….Monthly Grocery Budget.
| FAMILY SIZE | SUGGESTED MONTHLY BUDGET |
|---|---|
| 1 person | $251 |
| 2 people | $553 |
| 3 people | $722 |
| 4 people | $892 |
What is a realistic grocery budget for a family of 4?
For example, a moderate budget for a family of four (assuming your kids are within the ages 6 to 8 and 9 to 11) would be $256.70 a week for groceries or $1,112.20 a month. The USDA offers lower numbers for a moderate budget if your kids are younger, but it doesn’t offer specific numbers for families with teenagers.
What is the average grocery bill for one person?
The average cost of groceries per month for 1 adult was the highest among men aged 19-50. This group of customers spent between $196.40 (thrifty) and $390.40 (liberal). Women from the same age group have a lower average grocery bill for 1 person per month. Their costs ranged from $174.30 to $346.60 in April 2021.
How much should I budget for groceries each month?
– Thrifty plan: $402.80 per month. – Low-cost plan: $517.50 per month. – Moderate-cost plan: $640.20 per month. – Liberal plan: $800.70 per month.
How much your monthly food budget should be?
When setting a food budget for one person, you should plan to spend between $300 and $400 per month. This budget assumes you will dine out approximately three times per week, while spending the remainder on groceries to cook and prepare the rest of your meals at home.
What are average household monthly expenses in the US?
Monthly rent or mortgage payment