Frequent question: How do you make a food budget?

What is a good budget for food?

In New South Wales, households fork out on average $141 per week for groceries, equating to $564 a month or $6,768 per year.

How much should a person budget for food per month?

The average cost of groceries for U.S. households is $4,643, based on 2019 data from the U.S. Bureau of Labor Statistics. This works out to about $387 per month. Grocery spending has likely increased during the pandemic with people going out to eat less often.

What is a good budget for food per week?

Weekly Grocery Budget Spending Ranges Recommendations:



Single adults: $40 – $78 per week, or $169.90 – $318.10 per month. Families of two: $92.40 -$183.10 per week, or $400.50 – $793.20 per month.

What is a reasonable budget for food per day?

The average American household is 2.58 people, thus the average American person spends $2,792 per year on food, or $233 per month, or $54 per week, or $7.64 per day on food.

What is a reasonable grocery budget for 1?

What Is the Average Grocery Bill for 1 Person? The average weekly cost of groceries for one adult is: $67 for those ages 19-50. $65 for those ages 51-70.

How much spending money should you have a month?

If you budget properly, you can spend 30% of your monthly income on wants. All of your money isn’t fair game for fun stuff — you have to take care of bills and debt first. Add savings to the mix, and you’ll see the need to spend less than you earn.

How much does average person spend on food per day?

Average American Spending per Day: All Ages