average household expenditure per month
Average Food Costs in the U.S. The typical U.S. household spends 10% of its income on food. The average cost of food per month is $550 (thatâs $6,602 each year). Approximately 60% of our food budgets are spent on food eaten at home, and the rest on food consumed when weâre out and about.verage Food Costs in the U.S. The typical U.S. household spends 10% of its income on food. The average cost of food per month is $550 (thatâs $6,602 each year). Approximately 60% of our food budgets are spent on food eaten at home, and the rest on food consumed when weâre out and about.