how much percent should you spend on food
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Guidelines for How to Budget Family Income Percentages Two to 10 percent can be expected for personal expenses while the remaining 10 to 15 percent can be spent on food. If you spend more than these percentages, it would be best to cut back on dining out and other entertainment activities and focus more on the necessities such as groceries.
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- % of your total monthly budget spent on food: 23% of take home pay, or roughly $1000 per month. How much you spend on groceries versus takeout/eating out: We rarely eat out, maybe twice per month. This isn’t counted in the above tota. Your household size: Two adults mid 30s, two kids under age 10.
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- % of your total monthly budget spent on food: Just shy of 10% (of our gross income). How much you spend on groceries versus takeout/eating out: Out of the $900 pm food expense, $150 of that is dining out. Your household size: Two adults (including a pregnant wife! :-P) and twin two-year olds. of your total monthly budget spent on food: I spend about 10% of my take-home income on food. How much you spend on groceries versus takeout/eating out: I try to keep it about 50/50, but usually spend a little more on eating out. Your household size: I’m living on my own in the SF Bay Area.
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What Are Your Monthly Food Costs? Chime in. Every month, the United States Department of Agriculture figures out the average cost of food based on family size, age and style. For September 2010, the USDA determined that a family of two, aged 19 to 50 years old, would typically spend $347.50 on a thrifty food plan or up to $688.60 on a liberal plan.f you're not into living on beans, rice and pasta or eating caviar, steak and lobster for every meal, you may want to look to the USDA's moderate food plan average, which was $550.60 for a family of two adults.
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- WASHINGTON, D.C. -- Americans report spending $151 on food per week on average. One in 10 Americans say they spend $300 or more per week and, at the other extreme, 8% spend less than $50.Gallup has asked a version of this question as far back as 1943, but has not asked it since 1987.In 1943, an average of $15 per week was spent on food. The final 1987 estimate was $106.ne in 10 Americans say they spend $300 or more per week and, at the other extreme, 8% spend less than $50. Gallup has asked a version of this question as far back as 1943, but has not asked it since 1987. In 1943, an average of $15 per week was spent on food.
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Americans Spend $151 a Week on Food; the High-Income, $180 WASHINGTON, D.C. -- Americans report spending $151 on food per week on average. One in 10 Americans say they spend $300 or more per week and, at the other extreme, 8% spend less than $50.Gallup has asked a version of this question as far back as 1943, but has not asked it since 1987.In 1943, an average of $15 per week was spent on food.The final 1987 estimate was $106.ASHINGTON, D.C. -- Americans report spending $151 on food per week on average. One in 10 Americans say they spend $300 or more per week and, at the other extreme, 8% spend less than $50.
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What's the average American grocery bill? So, how much does the average American spend on groceries each month? The U.S. Bureau of Labor Statistics charts a wide variety of areas including employment, inflation, average pay and benefits, as well as consumer spending. In 2009, they found that the average American spent $6,443 annually food.This works out to spending about 13 percent of the annual household income on food, and a little more than half of that goes to the grocery store.hese extra items can add as much as 30 percent to your monthly grocery bill, not to mention the time and money lost by making more frequent trips. Some people cut coupons and look out for items on special to save money.
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- % of your total monthly budget spent on food: 7 % of take home pay, or roughly $300 per month. How much you spend on groceries versus takeout/eating out: We spend ~$50/month for both of us to eat out. of your total monthly budget spent on food: I spend about 10% of my take-home income on food. How much you spend on groceries versus takeout/eating out: I try to keep it about 50/50, but usually spend a little more on eating out. Your household size: I’m living on my own in the SF Bay Area.
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How Much Does the Average American Spend Eating Out at Restaurants? In 2010, the average consumer spent $2,505 when eating food away from home, according to the United States Department of Labor. Are you spending more or less than $2,505 on eating out? Weigh in on how much you’re spending at Ally Bank Straight Talk blog.
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Real Money: Fast Food Versus Home-Cooked Meals Sometimes I spend $10-15 in one day for all the food I have and other times $25-30 in one day. But $20 is usually the amount I spend on food per day and the average as well. $15 - $20 a day, and I never eat out.
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The Average American Spends This Much on Groceries: How do You Compare? Typical grocery spending According to the U.S. Bureau of Labor Statistics, the average American family spent $4,000 per year on groceries in 2013, or about $330 each month.n the context of a yearly budget, groceries count for about 8% of typical family spending, above health care (7%), entertainment (5%), and clothing (3%). Meanwhile, annual grocery spending is up by $140 since 2011.
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How Do You Stack Up to Other Americans in Monthly Food Spending? Over the last 12 months, we’ve spent $13,430 on food – $1,119.16 a month. (‘Only‘ $4,214.85 was spent eating out – $351 a month). If you want to compare that to your own spending, factor in the Bay Area’s food prices, and an over 9% sales tax. How’s that for a voyeuristic look at what, exactly, powers this site?
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10 Signs That You Spend Too Much Money on Food According to the Bureau of Labor Statistics consumer expenditure surveys, the typical household spends $7,203 each year on food, which works out to an average of $600.25 per month. Of that portion, about $4,049 per year (or $337.42 per month) is spent on food at home — likely the average grocery budget across the U.S. 2. You spend more on food away from home than on groceries
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The Hidden Costs of the Holidays According to the NRF survey, Americans will spend an average of $104.74 on holiday-related food, which could include everything from going out to restaurants with the family to buying a bottle of wine for a party.
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Are You Spending Too Much on Groceries? Photo: Rain0975. If there is such a thing as an average family of four, there’s nothing average about how much that family spends on groceries. According to the U.S. Department of Agriculture, a family of four with two kids under age 11 spends anywhere from $654.20 to $1,302.20 per month on food.hoto: Rain0975. If there is such a thing as an average family of four, there’s nothing average about how much that family spends on groceries. According to the U.S. Department of Agriculture, a family of four with two kids under age 11 spends anywhere from $654.20 to $1,302.20 per month on food.
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Should I Spend More on Food? How Much We Spend on Food. Recent studies show that the average American family spends about 4% of their income on food for the home, and another 3-4% dining out (despite the NYT graph claiming we spend 15%, when all sources are combined.) My husband and I are right in line with those statistics.
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Raising Junk Food Prices Could Spur People To Consume Less: Study Specifically, they found that if you were to lower the cost of healthy foods like fruits and vegetables by 10 percent, consumption of produce would go up between 2 and 8 percent.imilarly, hiking up the price of saturated fat-containing foods by 1 percent is linked with a 0.02 percent decrease in energy intake from these foods.
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- Households in San Diego spent $3,579, or 53.1 percent, of their food dollars on food prepared at home and the remaining 46.9 percent on food prepared away from home, such as restaurant meals, carry-out, board at school, and catered affairs.he portion of the average San Diego consumer unit’s budget spent on food, 12.0 percent, was not significantly different from the 12.9-percent U.S. average.
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US Department of Labor Those with earnings in the lowest 20 percent of income spent an average of 15.4 percent of their income on food. Households with incomes in the middle 20 percent spent 12.6 percent of income on food. Households in the highest 20 percent of income spent 11.2 percent of their income on food.
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- My wife and I spend about $400 per month on groceries (food). We eat meat and do not deprive ourselves of good, quality food. We buy organic often and we also go to farmer’s markets. We spend another $100+ per month on household supplies, cleaning supplies, miscellaneous items for the house, cat food, etc. spend about $100 a month on groceries. I just go to those small Asian stores like you mentioned. Usually the price is 50% cheaper than large chain grocers :) Then I spend about $50 to $100 a month on eating out at restaurants, etc.
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- You'd be surprised, perhaps. The thrifty food budget for a family of 2 under 50 years old is $373.30 a month; the liberal food plan budget is $743.10 for that same 2 person family as of December 2011). After entering your info, you'll get a lot of charts comparing your spending across demographics, household income, and more.
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How Much Money Do You Spend on Food Every Month? These are based on meals eaten at home, with food costs estimated for nutritious diets based on MyPyramid recommendations and USDA’s dietary guidelines. The BLS has a more detailed breakdown of food costs, including an average $2,625 per year or $219 a month for food away from home.But let’s hear from you. of your total monthly budget spent on food: I spend about 10% of my take-home income on food. How much you spend on groceries versus takeout/eating out: I try to keep it about 50/50, but usually spend a little more on eating out. Your household size: I’m living on my own in the SF Bay Area.
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How Much Should You Save Every Month? How much should you save every month? Many sources recommend saving 20 percent of your income every month. According to the popular 50/30/20 rule, you should reserve 50 percent of your budget for essentials like rent and food, 30 percent for discretionary spending, and at least 20 percent for savings. We agree with the recommendation to save 20 percent of your monthly income.
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Americans Spend $151 a Week on Food; the High-Income, $180 WASHINGTON, D.C. -- Americans report spending $151 on food per week on average. One in 10 Americans say they spend $300 or more per week and, at the other extreme, 8% spend less than $50.Gallup has asked a version of this question as far back as 1943, but has not asked it since 1987.In 1943, an average of $15 per week was spent on food.The final 1987 estimate was $106.oung adults' average weekly food spending is $173, more than what older Americans say they spend. Those with incomes of $75,000 or more per year are averaging $180 per week, compared with $144 for those with incomes of $30,000 to $74,999, and $127 for the lowest income group.
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Why should you only spend 30% of your income on housing? 3. We should expect housing to take up an increasingly large part of our incomes: As the economy grows, the cost of many goods are going to fall. For instance, in 1936 the average family spent about one-third of its income on food, compared with roughly 13% in 2003. A person only needs to consume so many calories per day, and as food production becomes more efficient, we should expect to spend a smaller portion of our incomes on it.
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Food Spending: Gallup Poll Tracks How Much Americans Spend On What They Eat Food Spending: Gallup Poll Tracks How Much Americans Spend On What They Eat. Gallup has released new poll results on how much Americans spend on food per week. The last time Gallup asked this question was 1987, in which the average amount spent per week on food was $108. Over 20 years later, that number has climbed to $151. To give some perspective, in 1943 an average of $15 was spent on food per week (not adjusted for inflation). Interestingly enough, Americans used to spend more on food in the 1960s, with an all-time high at $234 in 1966 and 1967.