Grocery Budget Calculator

Ever wonder how much your family should be spending on groceries? Use the following grocery budget calculator to estimate what your monthly bill should be. Note the following estimate does not include eating out.

Figures for the grocery budget calculator are based on USDA Food Plans: Cost of Food, Low-Cost level for latest month available.

Total Food Costs

To calculate overall household grocery costs we:

  • Adjusted food costs for each person in household.
    • The Cost of Food at Home table provides an amount for each family member by their age and gender if they ate all their meals at home.
    • From this amount 1/21 is subtracted for each meal they ate away from home.
    • An adjustment is made for household size:
  • 1-person — add 20 percent
  • 2-person —add 10 percent
  • 3-person — add 5 percent
  • 4-person — no adjustment
  • 5- or 6-person — subtract 5 percent
  • 7- (or more) person— subtract 10 percent
  • Summed the adjusted food costs for each family member to get the cost of food at home for the household. Note: cost of food at restaurants and costs for school meals are not included in the grocery budget calculator.

Should I base my food budget on this number?

Maybe. I like to use this number as a general guide. However, there are many factors that can change your overall budget such as location, dietary preferences and shopping habits. Also, if you are way above these numbers, this would not be a good starting point. Check out my post on How to Create a Food Budget for more details.

Ready to start saving more on groceries? Check out my Services page to work with me!