How much should you spend on food per week?
Here’s what the USDA recommends per week for a family of four, defined by the USDA as a male and female 19 – 50 years old and two children 2 – 11 years old: Thrifty: $131 – $150. Low-Cost: $167 – $197. Moderate-Cost: $206 – $246.
How much should a single person spend on food per week?
Single adults: $59 – $91 per week, or $236 – $364 per month.
How much on average does food cost a week?
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 one person spend on groceries every month?
USDA Food Plan Spending for a Single Person Thrifty: $175.60. Low-cost: $222.60. Moderate-cost: $272.20. Liberal: $348.80.
What is a good food budget?
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 does food cost monthly?
According to 2020 data from the Bureau of Labor Statistics, the average spending on food at home is $4,942 annually or about $412 per month for U.S. households.
What is a reasonable amount to spend on food per month?
If you’re a single adult, depending on your age and sex (the USDA estimates are higher for men and lower for both women and men 71 and older), look to spend between $229 and $419 each month on groceries. For a two-adult household, the figure above will double: $458 to $838.
What is a reasonable monthly food budget?
Groceries, housing and other essentials should take up no more than 50% of your monthly income.