Image

Published in The Atlantic last week:

“Thirty years ago, the average household spent about 17% of its income on food. Today it spends about 11%. It’s a global trend: Food is getting cheaper relative to incomes everywhere with rising incomes. But there’s also a distinctly American thing going on here. We spend less of our cash on food than any other country — “half as much as households in France,” according to 

In fact, if you consider “cheap eats at home” the most important measure of social welfare, the United States is the greatest country on earth. Eating at home takes much less from our budget than other countries.”

Advertisements