Tuesday, November 11, 2025

Is food in america the most affordable per person on earth planet?

Yes, food in America is among the most affordable in the world when measured by the percentage of income spent on it.

Here's a deeper look at how affordability is measured and how the U.S. compares globally:

🥘 How Food Affordability Is Measured

  • Absolute prices: The actual cost of items like eggs, bread, or milk.

  • Relative affordability: The percentage of income spent on food.

  • Purchasing power: How far your money goes in buying food compared to other countries.

🇺🇸 U.S. Food Affordability Highlights

  • Americans spend only about 6–10% of their income on food, the lowest share globally.

  • Despite recent inflation, U.S. grocery prices remain relatively low compared to many developed nations.

  • For example:

    • A dozen eggs in the U.S. averages $2.67, while in Switzerland it's $6.48, and in Lebanon $7.86.

    • The global average for eggs is $2.31, meaning the U.S. is slightly above average in price but far below in income share spent.

🌍 Global Comparison

  • High-income countries like Switzerland, Norway, and Australia often have higher food prices and spend a larger share of income on groceries.

  • Low-income countries may have cheaper food in absolute terms, but spend a much larger portion of their income on it, making it less affordable overall.

🧮 Why the U.S. Ranks So High

  • Efficient agricultural systems

  • Large-scale food production

  • Strong infrastructure and logistics

  • High average income, which lowers the relative burden of food costs

So while some individual items may be cheaper elsewhere, America leads in overall food affordability per person when income is factored in.

No comments:

Post a Comment