3/17/2023 0 Comments Average household monthly expensesIt should come as no surprise that a family of three will spend a little bit more than a family of two-as the family grows bigger, so do the average grocery costs. If, for instance, a family of two decides to shop at a moderate cost, the average food cost per month for 2 would be around $652.10. The price range is enormous alright, but it depends on the family’s food plan: whether it’s thrifty, at low cost, or at moderate cost. To be more exact, the average cost of groceries for a household of two people, one male and one female aged 19–50, varies between $402.20 and $798.70. For a more detailed outlook on how much a single person spends on groceries, it’s important to mention the food cost per week for 1 person, which for a typical American ranges from $39.70 to $88.80, depending on their monthly income.Īs you might have expected, the average cost of groceries for a family of two is double what a single person would spend on groceries. However, even that amount depends on the gender-a male adult spends between $194 and $358 monthly, whereas a woman spends $172–$342 on groceries per month. ![]() How much can a single person spend on groceries? If you live alone, it mainly depends on how much money you make per month, but on average, a single person spends $172–$358 per month on groceries. Let’s begin with the average food cost per month for 1. Let’s talk about the monthly average cost of groceries depending on how many people are in the household. It’s normal to spend more money on groceries for a household of four as opposed to one. How much the average American spends on food per month also depends on how many people there are in their household. The Number of People in the Household as a Factor Unfortunately, for lower-income families, every penny is worth a fortune for their food budget, which naturally influences their grocery choices. High-income earners spend a lot more than low-income earners since they can afford to pay more for gourmet items or organic produce, as opposed to those with lower income. How much the average American spends on food per month is certainly influenced by their income. The food prices are not the same in every state-for instance, the total amount people in Atlanta would spend on groceries is $314, whereas in Seattle the same groceries would cost around $500. Whenever you stumble upon the question “how much does one person spend on groceries a month,” you’ll need to keep location in mind as one of the factors influencing this. The figure can vary significantly based on location, income bracket, and the number of people in the household. However, this is only the average spending price determined by the BLS-in real life, the price for monthly grocery shopping will certainly exceed the average spending price. This data was gathered based on the groceries people spend the most money on, such as dairy products, meat, fruits and vegetables, fish, eggs, and bakery products, to name a few. We’ll also explore some of the factors that contribute to these differences, so keep reading to learn more! Average Cost of Groceries per MonthĪccording to the Bureau of Labor Statistics, the average spending on food is about $386.92 per month for one household living in the US. In this article, we’ll take a look at the average cost of groceries per month in the United States broken down by state and income bracket. ![]() Although groceries are a necessary expense, what may surprise you is just how much people spend on food each month.
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