Calculate how much you spend on restaurants, takeout, and food delivery
By cooking at home just 2 more meals per week, you could save approximately — per year. That money invested at 7% would grow to — in 10 years!
The average American household spends over $3,500 per year on food away from home. With the rise of delivery apps like DoorDash, Uber Eats, and Grubhub, this number has been increasing — delivery fees and tips can add 30-40% to the base cost of food.
A typical restaurant meal costs $12-$20 per person. A delivery order averages $25-$35 when you include the food, delivery fee, service fee, and tip. Compare that to cooking at home, where a meal typically costs $4-$5 per serving using grocery ingredients.
You don't have to stop eating out entirely — but being intentional about it can lead to significant savings. Try setting a weekly dining out budget, cooking meal-prep meals on Sunday, or choosing pickup over delivery to save on fees.