Like it or not, we’ve all got to spend money on groceries, but it has gotten so expensive to feed your family. Even on the thriftiest of grocery plans, you’ll still be spending hundreds of dollars per month just to eat. See if you can build a better budget with the grocery list cost calculator below.
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Average Grocery Cost
The average person spends about 6 percent of their annual income on groceries. A single person on a moderate food budget will spend approximately $3,000 on food every year, or $250 per month. A family of four will spend between $712 and $1,106 per month to feed everyone, with the average American family spending about $7,729 per year on groceries alone.
According to the USDA, a thrifty grocery budget for a family of four will land between $546 and $695 per month. However, this will vary by location, family size, as well as how much you are truly willing to trim your grocery budget.
Grocery List Cost Calculator
Using tools like the grocery list cost calculator above can help you budget how much you should be spending on groceries and plan accordingly. For instance, two adults (one male, one female) ages 19-50 should about $578.27 per month on groceries or $6,939.24 per year. On a thrifty plan, they may be able to budget for as low as $365 a month but most would find that difficult.
Of course, there are more frugal ways to cut down the cost of your groceries month-to-month. Grocery Coupon Guide was able to eat fairly decent on just $1 a day. What do you budget for your groceries each month?
