What is a reasonable monthly food budget for one person?

What is a reasonable monthly food budget for one person?

USDA Food Plan Spending for a Single Person Thrifty: $175.60. Low-cost: $222.60. Moderate-cost: $272.20. Liberal: $348.80.

What is a reasonable weekly food budget for a single person?

The average weekly cost of groceries for one adult is: $67 for those ages 19-50. $65 for those ages 51-70.

What should a monthly budget include?

Your needs — about 50\% of your after-tax income — should include:

  • Groceries.
  • Housing.
  • Basic utilities.
  • Transportation.
  • Insurance.
  • Minimum loan payments. Anything beyond the minimum goes into the savings and debt repayment category.
  • Child care or other expenses you need so you can work.

How much should you spend on groceries living alone?

According to the USDA, a single man living alone could spend as little as $223 per month for groceries on its “Thrifty” food plan, and still get all the nutrition needed for a healthy diet. A single woman living alone would need to spend $198 on groceries for good nutrition.

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How much should you spend on food per month?

When budgeting for food, you should plan to spend a minimum of $250 per adult, and $150 per child each month. For example, a family of four with two children should budget $800 per month. This budget should cover groceries and dining out on occasion. So, there you have it, an actual guideline for your food budget.

What is a good food budget for one person?

So, what is a good food budget for 1? When setting a food budget for one person, you should plan to spend between $300 and $400 per month. This budget assumes you will dine out approximately three times per week, while spending the remainder on groceries to cook and prepare the rest of your meals at home. Food Budget For College Students

How much should groceries cost per week for one person?

How much should groceries cost per week for one person? There’s no one-size-fits-all answer, but there are some reference points. For adult males ages 19 to 50, a thrifty budget is ​ $196.40 ​, a low-cost budget is ​ $255 ​, a moderate plan is ​ $318.60 ​ and a liberal budget is ​ $390.40 ​.

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How to calculate single male average weekly food expenses?

Single Male Average Weekly Food Expenses. To calculate monthly figures, multiply each amount by 4 1/2 — the average number of weeks in a month.