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What percent of the average american's income is spent on food?
Wiki User
∙ 15y ago
the average American family spends about 234,398 dollars on food every year. The world population is currently at around 499,794,855 people. According to the latest census, the average family has 4 members. So, 499,794,855/4 = 124,948,714 families. So 234,893 x 124,948,714 = $29,349,578,277,602 America spends on food. OUTRAGIOUS!!!
This answer appears to have a typographical error. The per capita spending in the USA was about $2000 in 2003 and 2004.
Wiki User
∙ 12y ago
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A family spends 20 percent of its income on food 23 percent on rent and 42 percent on other expenses and saves the balance if the family saves 360 dollars per month what is the families monthly income?
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