How do you determine what groceries should cost on average per month?

Answer 1

Groceries have a large range in price. Depending on if you buy organic, gluten-free, and other types of more expensive speciality groceries, you can rack up more than $1000 per month in food. And it also depends on how many people you're feeding!

Answer 2

Depending on the ages of the kids, a family of five, on average can estimate to spend $125-$175 per week. That may be more or less depending on the ages of the children. Formula and babyfood along with diapers and wipes can drive up that total by another $50 easy.

Answer 3

The first thing that you should do is keep track of the actual amount that is spent on groceries for a few weeks. When you have that amount you can average the figures together and divide by the number of weeks that you tracked. This will give you the average amount that you spend each week. The average amount is usually a good idea for the estimated grocery cost.

Answer 4

The cost of food and groceries is an important element in any budget, especially if you are trying to save money. The best way to estimate your weekly or monthly cost of groceries is to simply save your receipts for a month and then average them out. This will give you a good estimate of what you spend. You just need to account for holidays and special occasions when they come around.

Of course, it is important that you stick to your budget. When estimating what you spend on groceries, make sure you include any unscheduled trips to the store, or food purchased during work or on impulse. This is the best way to get an accurate estimate.