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If you're not into living on beans, rice and pasta or eating caviar, steak and lobster for every meal, you may want to look to the USDA's moderate food plan average, which was $550.60 for a family of two adults.
Back in 1900, families spent about 40% of their income on food. By 1950, it was just under 30%. According to the most recent data from the U.S. Bureau of Labor Statistics, in 2013 the average American household spent about 10% of its total budget on food. The average food cost for a U.S. household was $6,602 in 2013. Thatâs roughly $2,641 annually per person (based on the average 2.5 people in each household). The average cost of food per month for the typical American household is about $550. We'll show first the breakdown of the budget for food prepared or consumed at home, and then the total overall food budget. Average Food Costs