How much should a family of 5 spend on groceries a month?
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How much should a family of 5 spend on groceries a month
It's difficult to give a precise answer to this question because the amount a family of 5 spends on groceries can vary greatly depending on a number of factors, including where they live, their dietary preferences and restrictions, and their shopping and cooking habits.
How much should a family of 5 spend on groceries a month
That being said, the United States Department of Agriculture (USDA) provides an estimate of how much a family of 5 with children between the ages of 6 and 8 should expect to spend on food each month. According to their data, a family of 5 with children in this age range should expect to spend between $873 and $1,365 per month on food, depending on their food plan. The USDA offers three different food plans: the Thrifty Plan, the Low-Cost Plan, and the Moderate-Cost Plan. The Thrifty Plan is the least expensive, while the Moderate-Cost Plan is the most expensive.
How much should a family of 5 spend on groceries a month
Here are the monthly estimates for each of the three plans:
- Thrifty Plan: $873 per month
- Low-Cost Plan: $1,051 per month
- Moderate-Cost Plan: $1,365 per month
Keep in mind that these estimates are just that: estimates. Your actual spending on groceries may be higher or lower depending on your specific circumstances.
How much should a family of 5 spend on groceries a month
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