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American Household spending: 7 surprising facts about food prices

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American Household spending: 7 surprising facts about food prices

Many people believe that Americans waste a bunch of money eating out — that avocado toast and lattes are budget wreckers, for example — and that’s sort of true. In 2014, an important line was crossed — for the first time since the government tracked this sort of thing, families spent more eating out than eating at home. But when you really look into the numbers about the way Americans spend money on food, a far more complex picture emerges. Like many other typical household purchases — such as refrigerators or clothes — many food items are actually much cheaper...

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