Millennials Spend Nearly Half Food Budget On Eating Out

MINNEAPOLIS (WCCO) — How much money do you spend on eating out? A new survey shows millennials are spending quite a bit.

The Food Institute analyzed U.S. Department of Agriculture data and found that millennials spend about 44 percent of their food dollars on eating out.

That’s about $2,900 every year, or about 10 percent more than the last survey in 2010.

Baby boomers spend nearly as much: 40 percent on eating out.

According to reports, the restaurant portion of average food budgets was 34 percent in 1974, and had reached 50 percent in 2014.


One Comment

  1. Concerned about this says:

    Because they are lazy and expect everything just be done for them.

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