The following numbers are rough economics for Oklahoma U.S.A. These are my averages based on an austere lifestyle. I could cut my food costs, but am still living above bare minimums.
I spend about $6.00 per day for food if I prepare my own meals. If I choose to eat out fast-food, that amount easily doubles. If I visit a cafe or a restaurant that provides wait staff, tables, and service I will spend about $20 each day. These numbers do not include any alcohol purchases: no beer or wine for me.
Monthly, this puts my food cost at $300 to $500 . This can be 25% of my income. Most budgeting guidelines suggest that 10% is a better goal.
Economically, I must look forward to future belt tightening. I am not complaining. My budgeting reality is tight.
I do not have any car, gassoline, or insurance expenses, so my food costs can be higher than average. My point. Is the average family is finding it tough to get by.
Hopefully my numbers allow you to compare your percentages. Manage your risks as best you can. Life curves.
Here is today’s beauty.