Note: we updated our estimates for household food spending below in June 2023 to reflect rising food prices (including inflation through April 2023) but beware that food prices are still changing. These figures are down from over 17% in April 2023, but 95% of shoppers are still worried about rising supermarket bills. Recent data from the Office for National Statistics shows that food and catering prices rose on average 12.2% in the four weeks from to 3 September 2023 compared to a year earlier. (optional): Show my quotes You could win free car insurance up to £500! Rise in Food Pricesīefore we dig into the average spending on food in the following sections, we want to take a moment to address the recent rise in food prices because many households are feeling the pinch and facing larger food bills each week.
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Need car insurance? You can win free car insurance up to £500 with NimbleFins! Compare Car Insurance You can save up to £490* Enter registration no. You can get a sense of this by viewing the poll results further down in the article. Food spending varies a LOT from one household to another based on factors like income, size and makeup of the household, the food you buy and other factors. Please note that these figures reflect average amounts actually spent according to an ONS survey, adjusted up for inflation by us-they are not recommendations about how much you should spend. Food prices in the UK rose again last year, making this an important budget category. In this study we’ll show the breakdown of household home food budgets per week and per month across food categories, typical amounts spent eating out and finally how food & drink budgets change with income levels and family sizes. Another 3% of budgets goes to alcohol, which you can read more about in our related article Average Spending on Alcohol in the UK. As a result, UK households spend 16% of their budgets on food and non-alcoholic drinks.
According to NimbleFins analysis of data from the Office of National Statistics, the average UK household now spends around £4,124 on groceries and £1,220 on food at restaurants and takeaways every year.
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