This is a great reminder of how important it is to support local farmers and small operations, which increase the resilience of the system as a whole.
This is a great reminder of how important it is to support local farmers and small operations, which increase the resilience of the system as a whole.
Food budgets would have to go back to the 1940's or earlier - where they were a significant fraction of take home pay. Now they are almost a rounding error comparatively.
I don't necessarily think that would be a bad thing. A lot of the asset price inflation like homes can be tracked to food and consumer goods taking an increasingly lesser portion of the family budget. Re-balancing this seems wise to me.
People used to spend ~30% of their income on mass produced basic staple foods with very little meat they cooked at home. You can live like that on like 1$/day. Median household income is over 80k today so we are talking more than an older of magnitude price reduction.
Get regular meal delivery etc and sure you can spend crazy money but it’s not really spending that money on food itself.
You’re not just paying for food here. One possibility is you’re talking things you buy at the grocery store here, but laundry detergent is’t food.
So what’s the actual deal here.
Even assuming you’re spending twice as much on eggs it just doesn’t add up to over 20$/day. Flour is 0.50$/lb, lettuce is 3$/lb, butter is 5$/lb, etc. Even a 3,000 calories per day you’re well under that.
I don't dine out, I don't drink, and I have some lifestyle + allergy restrictions for some things, but I tend to believe those restrictions actually make it more expensive than not.
I am also not in a VHCOL, but still quite high since I'm quite close to a major hub in an expensive suburb.
That number is insane to me. I would have to go high end on every single meal to get to the same number. I don't think I debate quality all that much either. I don't feel I cheap out either generally. Food is a fair bit less than 5% of what I make annually too.