Your money. Your way.


Achieve your financial goals with insightful tips and information

Find funding

Get Our Monthly Food Budget Guide & Save

Discover how much to spend on food and stay in budget.

These days, every bit of savings helps. Food costs eat away at your bank account. Even if you don’t dine out often, your grocery bill can quickly add up, especially if you don’t go in with a plan. Everything from ingredients for healthy meals to tasty snacks for when you’re on the go make it hard to meet financial goals. Unlike other costs that can be completely cut, you need food to survive. You also can’t cut too many corners when it comes to what you put into your body to maintain good health and nutrition.

What should my monthly grocery budget be?

If you are like many people, you don’t know exactly what your grocery budget should be. You might not even make a list before you shop. The average person spends between $150 to $300 a month on food for one person. That amount varies depending on where you live, your age and the quality of food you are purchasing.

For example, organic foods can boost your bill at checkout. Urban centers are also more expensive when it comes to food shopping. You are going to pay more on groceries if you live in New York City for example than if you live in Kansas City. If you shop at organic grocers like Whole Foods, you are going to spend more than if you shop at markets like Aldi. If you have a special diet like gluten-free or vegan, you should do your research online before you grocery shop. Comparison shop to save, as these types of products can be very expensive.

The amount you need to budget for each month will depend on the size of your family. A single person can start with a monthly budget of $251 for food, while a family of six might consider a budget of $1,230. When creating your monthly grocery budget, look back a few months to see what you have been spending. Take the average of the past three months to avoid any inflated numbers. You might have had a birthday party or hosted an event that required more food during one month.

Planning for dining out.

When creating a food budget, don’t forget to factor in what you spend on restaurants. If you want to put more money away in savings or adjust for your new financial situation, you may need to cut back on how often and where you dine out. It’s also important to consider how much you spend on delivery services. In addition to the cost of food, you pay app fees and tip which can add up quickly. The average American spends about 11% of their take-home income on food, according to the U.S. Department of Agriculture. About five percent of that is spent on dining out. When creating your food budget, you can start by calculating 11% of your take-home income, then splitting that between groceries and dining out.

How to save on food.

There are many ways you can cut back on what you spend on food. To save at the grocery store, you can research coupons. Some coupons are mailed to you, but you can also subscribe to receive grocery coupons via email. You can also find coupons online by searching. Look for coupons before you visit the store to help you plan.

One of the best ways to save money on food is by eliminating food waste. It’s hard to eat produce before it goes bad. If you don’t plan to eat something within a day or two of buying it, freeze it. You can chop up bell peppers and freeze them. Not only will that help you save your produce from going bad, but it will reduce overall cooking time by eliminating the prep work. The same is true for fruit. You can freeze your fruit for smoothies. Make a lasagna in advance or stew and freeze it until you are ready to eat.

Not all groceries stores are created equal. Some stores charge higher prices for the same food items. Do your research and find a local store that offers competitive pricing for your staples and snacks.


Food spend can eat away at your paycheck. The typical person can get away with spending about $251 a month on food. There are plenty of ways to reduce what you spend on groceries. If you need money for food or other expenses, you can request a personal loan through BrighterPays. At, you can request between $1,000 and $10,000 to spend on just about any expense. Make your request today.

This post is not intended to be a solicitation for a loan. BrighterPays provides these blogs for entertainment and informational purposes only. Remember to consider all your financial options before making any decisions related to credit.