What is the average grocery bill for 2 in the UK? Statistics show that people who earn between £17,000 and £28,000 per year are likely to spend around 25% less on their weekly food shopping than people who earn over £66,000 per year. The price you pay for food per month as a single person in the UK will also depend on how much money you make. More so, in fact, given that many restaurants and public businesses are having to raise their rates to cope with the increasing cost of living! If you’re likely to eat out a lot at work or at the weekend, these costs will escalate. Keep in mind, too, that this figure only covers you for food that you buy for home cooking and consumption. Again, it’s also going to change if you choose to shop every week at Waitrose rather than Sainsburys! Similarly, purchasing organic or imported exotic foods will also drive up this average figure to a higher number. This cost is also likely to increase if you are highly active and demand more calories. Again, this is subject to inflation and cost of living increases, which can impact the British economy at any time. This means that on a weekly basis, the average grocery bill for one person in the UK should be around £35. The average grocery bill for 1 person in the UK sits at around £140-£150 per month. How much should one person spend on food per month in the UK? There’s also the fact that certain times of year – such as Christmas and New Year – may demand higher investments from you month to month. Of course, your caloric needs will affect how much you spend, too! Highly active people may find they spend more on calorie-dense foods, for example. While supermarket brands such as Tesco and Morrisons remain extremely popular, more budget-friendly stores such as Aldi and Lidl have grown in popularity as they offer similar quality items at much lower prices. Where you shop, too, has a large impact on what you pay. There are a few versatile factors that can increase or decrease the cost of your regular grocery shopping in the UK, for example, where you live, and how many people you are buying for. These rates are purely used to demonstrate what you may need to pay each month to keep everyone at home safely fed and watered! What might affect the cost of my grocery shop? Use my findings as a benchmark for what you may expect to pay at the very least.ĭo also keep in mind that my figures reflect food and non-alcoholic drink costs. Therefore, the figures I’ve arranged for you below will be subject to change – and you may even be paying more by the time you come to read this guide. With this state of inflation showing little sign of slowing down, it’s early days to really say where it’s likely to stop. To the average household, this means that you may expect your yearly grocery bills to increase by anywhere between £500 and £600. Even in to December 2022 food inflation continued to remain high, clocking in at 13.3%, which is higher than the reported data from November. According to research from Kantar, grocery shopping inflation increased to as much as 13.9% – the highest it’s been since 2008. Consider your own needs and budget accordingly! Food price rises in the UKĪt the time of writing and publishing, the Bank of England announced that its base rate is going up in light of the continued cost of living crisis. Given that inflation in the UK has only just recently risen again at the time of writing, it’s worth taking all these figures with a pinch of salt. It’s worth adding £10 or more to the total to head in a more accurate direction. However, these rates date up to spring 2021, so prior to the war in Ukraine and the associated spikes in prices that resulted. I’ve based this data on general information from the Office of National Statistics’ report on Family Spending in the UK. I’ve taken a look at some of the average figures relating to average grocery spending in the UK right now. Keep in mind that we all have different needs and wants – and that your family of three may not spend as much as next door’s family of six, and several pets! With news over the past few months to years about inflation hitting all-new highs, the average grocery bill in the UK is only likely to escalate.īefore looking into how you can cut the costs of what you spend on food and drink each month, it’s worth taking a look at what other people pay on average. For many of us, there always comes a time for counting the pennies.
0 Comments
|
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |