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How do you calculate monthly grocery expenses?

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How do you calculate monthly grocery expenses?

To calculate overall household grocery costs we:

  1. Adjusted food costs for each person in household.
  2. 1-person — add 20 percent.
  3. 2-person —add 10 percent.
  4. 3-person — add 5 percent.
  5. 4-person — no adjustment.
  6. 5- or 6-person — subtract 5 percent.
  7. 7- (or more) person— subtract 10 percent.

How much is groceries a month on average?

The Average Cost of Groceries Per Month According to 2019 data from the Bureau of Labor Statistics, the average spending on food at home is $4,643 annually or about $386.92 per month for U.S. households.

What is a normal food budget for 2?

The USDA food budget for 2 people our age is $93.50 to $185.90 weekly. Or, $405.30 to $805.70 monthly based on a nutritious diet at 4 different cost levels.

What is the average household expenses per month?

States ranked by amount of monthly household expenses

Rank State Total spent per month
4 Alaska $2,484
30 Arizona $1,829
49 Arkansas $1,534
3 California $2,529

What’s the average cost of food per month?

Every month the U.S. Department of Agriculture (USDA) puts out a report on the cost of food. This report outlines what Americans are spending on groceries for their families and as individuals. As a foodie and a budget nerd, this report always intrigues me. I’ve worked hard to get my family’s grocery budget to hover between $450 and $600 per month.

What’s the average cost of groceries for a family of four?

The USDA’s report on the average monthly food cost for Americans from September of 2020 for a family of four with kids aged six through eleven ranged between $673.60 and $1339.80. Here are some tips that can help you get more for less when you are on a tight grocery budget.

How much money do you spend at the grocery store?

I usually spend about $120/week at the grocery store for our family of 3 humans (adult female/adult male/5 year old boy). That also includes pet supplies (1 small dog/1 cat) and our paper goods, some personal care products. I also budget $20/week for a fruit and vegetable co-op (Bountiful Baskets).

How much should you spend on groceries in Alaska?

Alaska Monthly Grocery Budget Guideline Family Size Alaska Grocery Budget – Young Children Alaska Grocery Budget – Older Children Grocery Budget for 1 $240 $248 Grocery Budget for Family of 2 $400 $463 Grocery Budget for Family of 3 $553 $675 Grocery Budget for Family of 4 $748 $864