Americans Eat the Cheapest Food in the World, But What is It Really Costing Us?Posted: April 18, 2012
USDA data shows that in 2010 Americans spent 9.4 percent of their disposable income on food, which equals 5.5 percent at home and 3.9 percent eating out. As a nation, we spend far less of a percentage on our food than we ever have before. For example, in 1929 we spent 23.4 percent of our disposable income on food, which equaled 20.3 percent at home and 3.1 percent eating out.
Not only are we spending much less of our money on the foods we eat, we eat out far more than ever before, buying fatty processed and fast foods laden with saturated fats, sodium, and added sugars. When compared to other countries, our food is by far the cheapest.
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