How Much Do You Spend On Groceries Each Month?
My wife was texting with a friend while we were watching TV when she asked me the question, How much do we spend on groceries in a month?
Our budget is $150 a week, and admittedly we do go over that once in awhile. I don’t mind spending a little extra on groceries, as my theory is that having great food in the house keeps us from going out to eat, which is much more expensive. However, when we do go over budget we subtract the overage from our entertainment funds.
Looking back at my spending tracker, we spend on average about $700 a month on groceries and household items.
In the course of my wife’s conversation, they got on the subject of grocery spending. Our friend stated that they purchase as much as they can from Costco, purchases adding up to approximately $2000 a month. Additionally, they estimate that they spend about $30 a day at the grocery store as they pick up food for what they are going to make for dinner.
Doing some quick math, $30 a day multiplied by 30 days in a month is $900. Add that to the $2000 they spend specifically at Costco, their total estimated bill for food and household items is $2900.
When asked if they had a budget, the answer was, Yes, in theory.
Three thoughts found their way through my stream of consciousness:
- They obviously don’t do meal planning if they have to stop at the grocery store every day
- This reminded me of why I try to only go to the grocery store once per week to avoid overspending.
- If they buy the ingredients they need for dinner each day, what are they buying for $2000 at Costco every month?
Our friends spend over 4 times as much as we do on food and household items. I have a hard time wrapping my head around what they could possibly be purchasing for that much money each month without running out of storage space.
Image courtesy of Ambro at FreeDigitalPhotos.net
What do you think, Clever Friends, how much do you spend in a month on food and household items?
Brought to you courtesy of Brock