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How Much of Your Income is Spent on Food?

MONDAY, DEC 20, 2021

Now that the holiday season is behind us, we can finally settle back into our pre-holiday diets and finish off the last of what seemed like an endless supply of leftovers. Even as inflation chews away at purchasing power, households in the United States have traditionally spent less of their income on food than any other country. Even so, the average U.S. household spent 12.8 percent of their expenses on food in 2020, according to data compiled by Easy Analytic Software Inc. and analyzed by Social Explorer.

Households in the Los Angeles 90053 zip code spent the most of their annual income on food; 15.7 percent of the $140,600 in total expenditures went for meals. The Fargo, N.D., 58105 zip code was second, with 15.4 percent for food, and El Paso’s 79998 zip code ranked third, at 15.3 percent. On the other end of the scale, households in the 20623 zip in Prince George’s County, Md., spent only 10.7 percent of income on food, followed by 20721, also in Prince George’s (15.3 percent) and 38054 in suburban Memphis, Tenn. (10.8 percent).

Use Social Explorer’s unique, easy-to-use mapping and reporting tools to see where food took the biggest percentage of household incomes in 2020.

    

Food Expenditures, 2020. Click Here to Explore Further.


Author: Frank Bass

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