Americans' Food Budgeting Trends Over the Past 100 Years: A Comparative Analysis
Thursday, 4 April 2024, 00:21
Exploring American Food Budgeting Trends
We think groceries have gotten outrageously expensive, with headlines highlighting a peak spending of 11% of our income on food in 30 years. However, historical data shows a different story.
Historical Perspective: 1901 vs. Today
In 1901, U.S. households dedicated a remarkable 42% of their income to food, demonstrating a substantial shift in budget allocation over time.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.