Discover How Much Eating at Home vs. Eating Out Can Save You and Your Family

By Penny Saver, September 22, 2011, Food & Dining Out

These days everyone is looking for ways to save money. One of the easiest ways a family of four can start saving money is by choosing to cook their meals at home. When comparing the cost of preparing a meal for a family of four at home in comparison to the cost of ordering a similar meal for a family of four at a restaurant, it is clear that families that prepare their own meals at home can save a tremendous amount of money. Overtime, these savings will add up to thousands of dollars.

Preparing Meals at Home Can Result in a 75% Savings

When comparing the cost of having appetizers and entrees at an Italian restaurant in comparison to preparing the same meal at home, a family of four will save about 75% on a typical restaurant bill for a family of four. Whether a family decides to make appetizers and entrees from scratch or buy them pre-packaged, a family of four can prepare a full authentic Italian dinner right at home for under twenty dollars. In comparison, a family of four that eats out can spend anywhere from $60-$80 or more. Families that eat out spend more.

Entrees and Appetizers Can Range Anywhere from $15-$30 Per Person

Families that eat out typically spend over $40 on appetizers and drinks alone. Even when a family chooses not to order appetizers, families of four will spend an average of $10-$30 per person on entrees. In comparison, a family that prepares food at home will typical spend anywhere from $4-$6 per person for appetizers, entrees and drinks.  In addition to saving money on entrees, appetizers and drinks, there are other benefits to eating at home.

Families That Eat in Have More Control Over What They Eat

One of the other benefits of preparing food at home and eating in is that families have more control over what ingredients they want to use and which ones they do not. Picking and choosing what ingredients goes into meals not only helps families lead healthier lives, it can also contribute to further savings as people can purchase ingredients or pre-packaged food at discount by looking for sales and using coupons.

Leftovers Result in Even Greater Savings for Families

In addition to having control over what ingredients go into their meals, families of four that prepare their own meals and eat in have complete control over how much food they cook and eat. As such, families that eat in can actually save additional money by saving leftovers for lunch or dinner the next day. Families that eat in will find that they can stretch their budgets much further than families that eat out simply because restaurants retain control over how much food they serve. In addition to serving smaller portions of food, restaurants also mark up the cost of food as well.

Eating in Saves Families on Restaurant Markups, Gas and Parking

A family of four that eats out also pays for other things as well. In addition to limiting how much food they serve, restaurants also mark up the cost of a meal to cover their costs and turn a profit. Families of four that eat out are not just paying for the food they eat; they are also paying for restaurant operating costs and the cost of labor. In addition to all of these additional hidden costs, a family of four that eats out will also spend additional money on transportation costs such as gas and parking. In fact, families of four that eat in can save an additional $4-$30 simply by choosing to prepare their own meals at home.

Clearly, families of four that choose to prepare their own meals and eat at home can save a tremendous amount of money by doing so. A family of four that chooses to dine out can spend an average of $100 or more each time they dine out. Families looking for a way to save money should consider preparing all of their meals at home instead of eating out. By choosing to eat in, families of four will actually save thousands of dollars per year.













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