The average commercially-prepared meal costs around $13. Even if you rarely spend this much money at one time when you eat out, consider frequency. Two meals for $6.50 will add up to the same price. By contrast, the average meal prepared at home costs around $4 for groceries – a $9 savings per person per meal.
The average American spends $232 per month eating meals prepared outside the home. Given that there's 18.2 meals eaten outside the home in an average month by the average American, the average meal outside the home costs a person $12.75.
Britons had more than 100 million meals under the Eat Out to Help Out discount scheme at a cost to the taxpayer of £522 million. Diners got a 50 per cent discount on meals and soft drinks worth up to £10 each between Mondays and Wednesdays last month.
The study came via the finance website Gobankingrates.com. It contends that the cost of a meal at a mid-scale chain restaurant is less than that of a comparable meal cooked at home. Only by a $2 or $3 margin, but still cheaper.
Largely because their overhead keeps going up. The costs of food production and processing keeps going up and that cost is passed on to consumers. Energy and transportation costs keep going up and that cost is passed on to consumers.
Eating out is a colossal waste of money (most food and beverage items have a huge markup). ... Eating out can rob you of personal time with family and/or spouse (think about the teamwork needed to prepare a nice meal – it's the kind of behavior that makes families and couples bond).
The 50 Top-Grossing Full-Service Restaurants in America
Rank | Chain | 2018 Sales (Millions) |
---|---|---|
1 | Olive Garden | 4,100 |
2 | Applebee's | 4,211 |
3 | Buffalo Wild Wings | 3,680 |
4 | Chili's | 3,500 |
1. Main Findings. over 52,000 businesses registered for Eat Out to Help Out ( EOHO ) and over 49,000 of these had made a claim for the scheme by 30 September.
Chancellor of the Exchequer Rishi Sunak said: Today's figures continue to show that Brits are backing hospitality – with more than 64 million meals discounted so far, that's equivalent to nearly every person in the country dining out to protect jobs.
The first Eat Out to Help Out scheme was hugely popular and offered up to £10 off dinner and soft drinks per person, for guests eating out between Mondays and Wednesdays each week. While the financial boost was an obvious plus point, restauranteurs also say it was helpful for the peace of mind of guests.
"Given that half of the people in this country (and a higher percentage of poor people) consume too many calories rather than too few," Bittman argues, "measuring food's value by the calorie makes as much sense as measuring a drink's value by its alcoholic content." A home-cooked meal is not only cheaper than its fast ...
Before we go on, let's break this down into individual people. The average American household is 2.58 people, thus the average American person spends $2,792 per year on food, or $233 per month, or $54 per week, or $7.64 per day on food.
That's 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.
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