Americans spend more than 6% of their annual income on food every year. For one person to eat on a "moderate" budget, it costs $3,000 per year, or almost $250 per month. It costs a family of four between $712 and $1,106 per month for groceries.
Food spending has increased dramatically recently. In just 2 years, the average household spends $400 more per year on food. Is it due to the recovering economy or are prices getting out of hand?
Bottled water holds the 2nd largest share of the beverage market in the U.S., ahead of milk and beer. The only thing Americans guzzle down more than bottled water is soda, which is consumed about twice as often.
Breakfast is the most important meal of the day. That's a fact that cereal makers know how to cash in on. The cereal aisle is a veritable smorgasbord of choices — whether you prefer the simplicity of corn flakes or something flashier, you can ...