If you’re a single adult, expect to spend between $229 and $419 on groceries each month, depending on your age and gender (the USDA estimates that males spend more on groceries than women and that women and men 71 and older spend less). The amount above will more than double for a home with two adults: from $458 to $838.
Week-to-week food expenses on average
|Average Cost of Food per Week||Grocery Shopping||Total Food Bill|
|2 adults (1 man + 1 woman)||£56.8||£86.3|
|2 adults + 1 child||£78.1||£118.6|
|2 adults + 2 children||£99.4||£150.9|
|2 adults + 3 children||£120.7||£183.3|
Every person in the United Kingdom spends an average of £45.31 each week on food and drink, according to the latest figures. Of this amount, £31.39 is spent on food for the home, and £13.92 is spent on eating out at restaurants.
In order to prepare for food expenditures as a pair, you should expect to spend between $500 and $600 each month on food.
The average grocery budget for a family of two (adults) would be around $350 per month, depending on the same variables. This amount can be decreased if the family consists of one adult and a kid between the ages of one and eleven years old who is between one and eleven years old. The budget would be reduced to $300 per month instead of $500 per month.
Budget for Groceries on a Monthly Basis
|FAMILY SIZE||SUGGESTED MONTHLY BUDGET|
What is the average cost of groceries per month for a family of four? According to statistics from the United States Bureau of Labor Statistics for 2020, the average cost of food for a household in the United States is $4,942. This equates to around $412 each month. Grocery expenditure is likely to have grown as a result of the epidemic, since individuals are eating out less frequently.
Individuals should budget the following amount per week for food, according to the standards (the exact amount varies depending on age and gender): Budget-friendly: $37 – $43. Cheap: $47 – $56 per hour Moderately Expensive: $59 – $70.
According to the USDA, the average weekly food expense for a couple between the ages of 19 and 50 is $148 per person, each week. According to the organization, couples between the ages of 51 and 70 will pay $143, on average. If a couple has two children ages 2-3 and 4-5 years old, the weekly shopping bill for the household is $214 if they follow a moderate-cost grocery plan.
An adult male between the ages of 19 and 50 would receive $72.90 per week on a modest food budget, while an adult female between the ages of 19 and 50 would receive $61.90 per week on the same budget.
Spending on the USDA Food Plan for a Family of Two The following is a summary of monthly expenditures for a family of two, ages 19-50, for each type of meal plan available: $410.60 is a good deal. $526.50 is a low-cost option. $652.10 is a moderately priced item.
Despite the fact that we have the ability to spend up to $300 per month, our basic, inexpensive monthly food list for two people is closer to $200 per month. The average weekly food budget for a family of two comes to $50 as a result. WOW! The USDA food budget for two adults our age is $93.50 to $185.90 per week, depending on how much we eat.
Senator Elizabeth Warren’s book, All Your Worth: The Ultimate Lifetime Money Plan, is credited with popularizing the so-called ’50/20/30 budget rule’ (also known as the ’50-30-20 budget rule’). The fundamental idea is to split after-tax income into three categories and allocate it accordingly: 50 percent to necessities, 30 percent to wants, and 20 percent to savings.