Budget share for total food remained 11.2 percent in 2023
U.S. consumers spent an average of 11.2 percent of their disposable personal incomes on food in 2023, unchanged from 2022. However, there were notable shifts in the composition of food spending. From 2022 to 2023, consumers’ budget share allocated to food-at-home spending decreased from 5.6 percent to 5.3 percent, while the share allocated to food-away-from-home spending increased from 5.6 percent to 5.9 percent. In 2023, the share of income spent on food-away-from-home reached its highest point since the series began, reflecting the ongoing upward trend observed prior to the Coronavirus (COVID-19) pandemic.
Download larger size chart (2048 pixels by 1744, 144 dpi)