How Much Does an Average American Spend on Food?
In the United States, the amount of money an average American spends on food can vary widely depending on factors such as income, lifestyle, and personal preferences. According to the U.S. Department of Agriculture (USDA), the average household in the United States spent approximately $7,028 on food in 2020. This figure includes both food purchased at home and food consumed away from home.
The USDA divides food spending into two categories: food at home and food away from home. In 2020, the average household spent $5,613 on food at home, while $1,415 was spent on food away from home. The breakdown of food at home spending includes groceries, which accounted for $4,698, and food purchased at restaurants, which accounted for $915.
The amount spent on food at home can vary significantly based on the household’s income level. For example, lower-income households tend to spend a larger percentage of their income on food, while higher-income households may allocate a smaller percentage. The USDA’s Thrifty Food Plan, which is designed to provide a nutritious diet at the lowest possible cost, estimates that a family of four with an income at 100% of the poverty threshold would spend approximately $6,335 on food at home annually.
Food away from home spending is also influenced by factors such as the frequency of dining out, the type of restaurants visited, and the cost of meals. According to the USDA, the average household spent $1,415 on food away from home in 2020, which includes meals at restaurants, fast-food outlets, and other foodservice establishments.
The way Americans choose to spend their food dollars has evolved over the years. In the past, a larger portion of the food budget was allocated to food at home, but in recent decades, there has been a shift towards spending more on food away from home. This shift is partly due to the convenience of dining out and the increasing popularity of fast-food chains and casual dining restaurants.
It’s important to note that the average American’s food spending can be influenced by a variety of factors, including economic conditions, cultural trends, and personal choices. As the food industry continues to evolve, so too will the way Americans allocate their food dollars. Understanding the factors that influence food spending can help individuals and policymakers make informed decisions about food consumption and nutrition.
