“Don’t believe it’s only 50%. More like 80-90%.”
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Food costs are up and for a lot of reasons that are unnecessary. I think we can find agreement there.
You think that for 80-90% of US families their food budget is the biggest part of their budget. This is an absurd statement.
We eat like royalty the two of us for $600/month. That is 12% of our monthly budget, way behind RE taxes, transportation, utilities and even insurance. Our biggest budget expense is savings, that is just north of 50% of our income. If 80-90% of US families have as their biggest budget item food that puts me in the top 10-20% for with whom food is not their biggest budget item this is simply untrue we are established middle class.
I amended my post and said it is Secord or third most expensive.
However, using your numbers.
$3,600 a year x a lifetime (75? years) = 270,000. Or,about the average cost of a house.
Not so “absurd”
Our family of six:
out of a dollar to spend:
40 cents straight to the mortgage and property taxes
32 cents to grocery
16 cents to car expenses
6 cents to clothing
It all depends on one’s living situation. But yeah I have a hard time seeing grocery being more than the mortgage unless you are like my mother, who has very specific dietary restrictions.