Groceries eat up a significant part of your paycheck, but the impact is felt differently across states. Despite having among the highest grocery prices in the country, Californians spend only 6.8% of income on grocery bills versus the 8.1% U.S. average. In many Southern states, meanwhile, lower median household incomes push grocery spending to a larger share of earnings.
It is quite surprising that the prices in Alaska don't top this chart. It tends to diminish the credibility of the whole thing. Wuddya say, P2 (our buddy up near the North Pole)?
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Eat more moose, 50,000 wolves can't be wrong and friends din't let ftiends eat farmed salmon.
ReplyDeleteLooks close to the inverse of those that spend the most on housing. I wonder if there is a change in quality of food.
ReplyDeleteI spend about a 25% on taxes, 31% on housing, and I haven't computed what I spend on food.
I interpret the numbers to be more a reflection of (or a substitue measure of) the incomes in those states rather than the differences in grocery costs. Pretty much all the higher percentages correllate with lower average income states. The cost of groceries is wrapped into the percentages but is a lesser effect than the income level differences. MLB
ReplyDeleteNo way Cal is 7%, must be lots of people eating out. We spend closer to 20-25%, can't afford meat or much fresh produce. Of course we're considered poor with 2 retirement incomes.
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