Average Canadian Spends $306 Monthly on Groceries

Research firm Picodi.com has published a new report on food spending worldwide. They examined the statistical data from 105 countries and calculated how much money citizens of different countries spend on their groceries.

Here are some interesting facts from the report:

•            Less than a tenth of spending on food and non-alcoholic beverages consumed at home can be found in countries such as the USA – 6.7%, Singapore – 8.4%, the UK – 8.7%, Ireland – 9.2% and Switzerland – 9.9%;

•            Canada ranked in 6th place, with food and non-alcoholic beverages making up 10% of spending on goods and services;

•            The highest percentage of spending on groceries can be found in Nigeria, Myanmar and Kenya – 59%, 56.6% and 56.1% respectively;

•            The highest grocery spending in the Americas can be found in the USA ($256/month), followed by Canada ($231/month) and Costa Rica ($221/month);

•            The lowest grocery spending can be found in Honduras ($59/month), Bolivia ($55/month) and Venezuela ($4/month);

•            An average Canadian spends $231 (C$306) monthly on groceries.

To learn more details about food spending worldwide, please check out our full report:

https://www.picodi.com/ca/bargain-hunting/spendings-on-food-2023?report=1

Source: westerngrocer.com

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