What is a good grocery budget for the week?

For a low-cost budget for a family of four, you can plan on spending $243.80 a week or about $1,055.80 a month. Moderate-cost plan. For a moderate budget for a family of four, you would spend $302.80 a week for groceries or $1,311.50 a month.

What is a reasonable amount to spend on groceries per month?

The Official Guidelines For Groceries On A Budget Thrifty$478 – $555 Low-Cost $526.20 – $557.50 Moderate Cost $647 – $682.50 Liberal $782.90 – $852.60 Nov 27, 2023

What is the 6 to 1 grocery method?

The 6-to-1 Grocery Method is a basic calculation (we're talking elementary-level math, basically counting), to plan your weekly grocery shop. Here's the system: Fill your grocery cart with six vegetables, five fruits, four proteins, three starches, two sauces or spreads, and one "fun" item for yourself.

What is a reasonable grocery budget for 2 people?

ing to a recent GOBankingRates article, average grocery costs range from $250 to $550 per person, per month. The USDA published a food plan, updated for 2023, that shares costs for a “nutritious, practical, cost-effective diet” for families of any size.

What is a realistic grocery budget for one person?

Remember that you can use grocery money for future weeks in one bulk shopping trip if that will cover your food for the weeks you're drawing money from. The average food budget for a single person is between $250 and $300 a month, but that's just a guideline.

What is a realistic grocery budget?

The average U.S. household spends $7,316 on food every year, ing to a recent Bureau of Labor Statistics (BLS) consumer expenditure survey. That amount — about $609.67 a month, or $152.42 each week — represents nearly 12% of consumers' income. A note on inflation: The BLS report used data from 2021.

How to do 50/30/20 rule?

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

How to create a budget for groceries?

Track current spending. Allocate a percentage of your income. Avoid eating out. Plan your meals. Keep a fridge grocery list. Eat before you go to the store. Be careful with coupons. Embrace the bulk section.

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