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Food away from home: Despite steady price inflation, year-over-year changes in inflation-adjusted spending positively increased on average

  • Food Markets & Prices
Line chart showing real (inflation-adjusted) and nominal (not inflation-adjusted) food-away-from-home spending in 2022, 2023, and January-July 2024, as well as food-away-from-home price trends for those years.

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The USDA, Economic Research Service’s Food Expenditure Series tracks spending on food at home and food away from home. In 2023, the series shows, per capita food spending by U.S. consumers, businesses, and Government entities reached a high of $7,672, fueled primarily by a 12-percent increase in spending on food away from home.

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