return2ozma@lemmy.world to News@lemmy.world · 1 year ago54% of young Americans say food costs are the biggest strain on their financeswww.cnbc.comexternal-linkmessage-square125fedilinkarrow-up1521arrow-down16cross-posted to: [email protected]
arrow-up1515arrow-down1external-link54% of young Americans say food costs are the biggest strain on their financeswww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 1 year agomessage-square125fedilinkcross-posted to: [email protected]
minus-squareironhydroxide@sh.itjust.workslinkfedilinkEnglisharrow-up11arrow-down1·1 year agoHonestly, if food was as much as mortgage, that’s not too bad. It’s bad when those combined are more than 3/4 the average income. The real problem is pay is extremely low for the productivity.
minus-squarecybersandwich@lemmy.worldlinkfedilinkarrow-up8arrow-down1·edit-24 months agodeleted by creator
minus-squareTubularTittyFrog@lemmy.worldlinkfedilinkarrow-up9arrow-down2·edit-21 year agoMy total food bill is almost a $1000. I’m single and live in a city. 65% of it is groceries. Nothing fancy. It costs me $150 a week for the basics. Veggies, few lbs of meat, dairy etc. Could I cut back and only eat rice and canned/frozen foods? Yes. But I want to eat good fresh food. I drop about $50 in produce a week alone.
minus-squarebhmnscmm@lemmy.worldlinkfedilinkarrow-up2arrow-down1·1 year agoSo you spend $400/month on restaurants? $150 x 4 = $600/month.
minus-squareThreeme2189@lemmy.worldlinkfedilinkarrow-up6·1 year agoThat lines up with the ‘65% of it is groceries’ part. 35% of almost $1000 is a bit shy of $350. That’s a lot of take out.
minus-squarekalpol@lemm.eelinkfedilinkarrow-up1·1 year agoThat’s eating out like every other day. I eat out maybe every other week.
minus-squarejaybone@lemmy.worldlinkfedilinkarrow-up5arrow-down1·1 year agoAll that avocado toast shakes fist
minus-squareinset@lemmy.todaylinkfedilinkEnglisharrow-up0·1 year agoIt’s crazy. I’m spending like 500-800 max and I’m not really tryharding. No idea how anybody can spend like 3k and complain about how the whole system is wrong.
minus-squareTubularTittyFrog@lemmy.worldlinkfedilinkarrow-up0·1 year agothey have kids and/or buying prepared foods/takeout
minus-squarebhmnscmm@lemmy.worldlinkfedilinkarrow-up6arrow-down2·1 year agoAssuming you’re in the US, that’s either a really cheap mortgage or a huge family. Where are you seeing grocery expenses exceed mortgage payments?
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Honestly, if food was as much as mortgage, that’s not too bad. It’s bad when those combined are more than 3/4 the average income.
The real problem is pay is extremely low for the productivity.
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My total food bill is almost a $1000. I’m single and live in a city.
65% of it is groceries. Nothing fancy. It costs me $150 a week for the basics. Veggies, few lbs of meat, dairy etc.
Could I cut back and only eat rice and canned/frozen foods? Yes. But I want to eat good fresh food. I drop about $50 in produce a week alone.
So you spend $400/month on restaurants?
$150 x 4 = $600/month.
That lines up with the ‘65% of it is groceries’ part. 35% of almost $1000 is a bit shy of $350.
That’s a lot of take out.
That’s eating out like every other day. I eat out maybe every other week.
All that avocado toast shakes fist
It’s crazy. I’m spending like 500-800 max and I’m not really tryharding. No idea how anybody can spend like 3k and complain about how the whole system is wrong.
they have kids and/or buying prepared foods/takeout
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Assuming you’re in the US, that’s either a really cheap mortgage or a huge family. Where are you seeing grocery expenses exceed mortgage payments?