What is the average income spent on food?

Groceries: What is the average percent of the total income spent on food?

  • Answer:

    The answer very much depends on which country is in question. From the USDA:

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The food-at-home CPI for the second quarter of 2014 was 2.3 percent higher than the food-at-home CPI for second quarter 2013, as most at-home food categories increased in price, some over 10 percent. Lower prices for fats and oils and nonalcoholic beverages partially offset higher prices for most meats, fish and seafood, fresh fruits, dairy, and eggs. Year-over-year increases in retail beef and veal, pork, and egg prices were the largest since the fourth quarter of 2011. Do check this: http://nationkart.com/blog/how-to-start-online-grocery-business-in-india/

Sanjana Roy

According to the Buearu of Labor Statistics, 12 percent of all consumer expenditures are spent on food. Which is a total of $6,129 a year. http://www.bls.gov/news.release/cesan.nr0.htm

Julia Abenes

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