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MONTHLY FOOD BUDGET FOR 2 HOW TO
MONTHLY FOOD BUDGET FOR 2 PLUS

This doesn’t seem to be just headline news, you are noticing it too.Ī recent survey we did of our Family Budget Expert community / readers showed that 83% noticed an increase on either certain items or their overall grocery bill. In December 2021, the cost of groceries had risen 6% vs the prior year according to the USDA and many economists think the same thing could happen in 2022.

Who knew something so routine would be such an exciting topic of conversation!

Grocery shopping has become such a hot topic. Apparently, it's all about how you do it.FebruHow much should I spend on groceries? She confirmed though that she and her boyfriend spend around $500-650 per month on average, on groceries together. "Anytime I share what I spend on groceries I always get so many comments with people being confused about how I do it," she told Narcity. But don't lose all hope, because Chelsea came through with some money-saving grocery tips for people in Vancouver to make it happen too. Another questioned, "$300 a month for groceries?"Ĭonsidering people are finding $12 cauliflower in stores, that's fair. "How only $300/month on groceries 🥲," one person wrote. People in the comments were shook by Chelsea's cheap grocery budget. Roommates or choosing to live a little outside downtown can help cut this down though.

MONTHLY FOOD BUDGET FOR 2 PLUS

According to Numbeo, the average single person in Vancouver can expect to spend $1,315 a month, plus an additional $2,419 to rent a one-bedroom in the city centre. It’s totally possible, but you have to be organized and strict! 🌆💰 I had a lot of fun doing this breakdown, let me know if you want me to do any other salaries!!👇 #budgetbreakdown #budgetingtiktok #vancouverlife #vancouvertok #millenialmoney #financialtiktok #financialliteracy101 #moneytiktok #spendingbreakdown #salarybreakdown #503020ruleīut if you're living alone that can go up.

$270 on savings (debt, emergency fund, and is how I would budget a $40,000 salary living in Vancouver.

$405 on shopping, eating out, and activities.

For a $40,000 salary, taking home about $2,700 a month, this would break down monthly to mean: Instead, Chelsea suggested going by a 75/15/10 rule of thumb. With Vancouver rent, this isn't realistic a lot of the time. The first piece of advice? She said to throw out the old-school 50/30/20 rule (which means 50% of your income should go to needs, 30% to wants and 20% to savings).

MONTHLY FOOD BUDGET FOR 2 HOW TO

She told Narcity that she used to make that salary, and still managed to save despite living in downtown Vancouver - so wanted to share how to do it. How much does it cost to live in Vancouver?Ĭhelsea got real about how she would budget on a salary of $40,000 in Vancouver. In times like these, it's definitely appreciated.

People feeling the struggle of rising grocery costs in Canada were shocked to find out she only budgets $300 per month for it, so Narcity got some tips from the TikToker, on how she makes it happen - and it could save you some serious cash.Ĭhelsea told Narcity that her goal is to "share financial tips that will help everyday people, so they can feel in control of their money." Vancouver's cost of living is no joke, and this TikToker broke down what a realistic budget is for someone making around $40,000 a year living in the pricey city.