Grocery Price Book Printable and How to Use It to Drastically Cut Your Budget (2024)

Download a free grocery price book printable template, so you can get on your way to big grocery savings!

Grocery Price Book Printable and How to Use It to Drastically Cut Your Budget (1)

W ow! What a difference a year makes!

Over the past year, we have saved a total of $5,616 on groceries, just by making a few simple changes. And more importantly, we are now debt free!

If you asked me a year ago, I would not have thought it was possible.

And just in case, you’re thinking it’s all cupcakes and daisies over here, but it wouldn’t work in your real life, let me tell you, this has notbeen an easy year.

We had a baby, we moved, I started a new business, I’ve been struggling with some health issues, and somehow I think I wrote a couple bookstoo.

There was really no margin for big changes or any extra time or energy this year. Yet, this really simple system of saving money on groceries allowed me to cut our grocery budget in half while still feeding my family mostly natural, organically grown, and grass fed foods.

Today, I’m just bursting to share one key ingredient to cutting our grocery budget so drastically: theGrocery Price List.

When people ask me how to save money on groceries, they’re often wondering what they need to buy. “I’m going to need some frugal recipes,” they say, expecting that they’re going to have to drastically change the way their family eats in order to save money.

Not surprisingly then, 35 Cheap and Healthy Recipes is one of the most visited posts here at GrowingSlower.

However, you can save a lot of money on the foods your family already enjoys eating. I find that this is a much more sustainable money saving system long term, and it will be much more popular with your kids and spouse too! You won’t be telling them, “sorry guys, it’s beans for breakfast, again!”

Here’s how to do it…

Grocery Price Book Printable and How to Use It to Drastically Cut Your Budget (2)

How to Save with the Grocery Price BookPrintable

First, download the free printable Grocery Price List.

Click here to download myfree Grocery Price Book printable.

The grocery price list is also sometimes called a grocery price book, but that makes it sound way more complicated than it actually is. I have designed this price list it so it fits on two sides of an 8 1/2 x 11 sheet of paper. Just be sure to print double sided. That way you don’t have more than one page to juggle while you’re shopping.

Step 1: Stores

Across the top, list the five stores or food sources where you normally shop or where you would like to do your cost comparison. Don’t worry, you won’t have to go to all of them every week!

After using a grocery price list for almost a year now, I’ve learned that the best way to consistently save money on the foods I buy most often is to stay out of the grocery store! I’ll be sharing muchmore on all that in myGrocery Savings Made Simplecourse. (Registration is open now.)

Step 2: Foods & Units

Next list the foods your family eats most often for each of the categories (meat, diary, grains and beans, vegetables, fruit, spices, household, and other).

In my experience, it’s pointless to save money on foods that your family doesn’t like to eat. The food will end up going bad before it gets eaten, and you’ll have wasted more money than if you just stuck with your normal diet.

Instead, try to stick with mostly foods your family loves, and just stick an extra-frugal meal in once in a while if you want. You really will save more money that way.

On my price list, I try to list foods in alphabetical order as much as possible, so they’re easy to find later. However, you don’t necessarily have to worry about this when you’re just getting started. You can make a prettier ‘final’ copy later if you really want.

For each food, list what units you’ll be using to compare prices. For instance, produce is most often measured in pounds, although some foods like kale may be priced per bunch, or per piece like Corn or Garlic. Whatever units you use, be consistent across the row for all of your stores.

Step 3: Price

As you shop at each store, note the prices for the items on your price list. You’ll soon have a complete price list that will help you compare prices and save money on the grocery items you buy the most. If you haven’t yet, don’t forget to snag your free printable grocery price list and start saving!

Share your best grocery savings tip in the comments!

Where can I send your free Grocery Price List printable?

Grocery Price Book Printable and How to Use It to Drastically Cut Your Budget (2024)

FAQs

How do I cut my budget for groceries? ›

How to Save Money on Groceries
  1. Redefine dinner. ...
  2. Crunch some numbers while you shop. ...
  3. Round up your grocery cost estimates. ...
  4. Raid your pantry. ...
  5. Think before you buy in bulk. ...
  6. Know when to shop. ...
  7. Start freezing and storing meals now. ...
  8. Pay with cash.
Jan 18, 2024

What is a realistic grocery budget? ›

By Household Size

According to the USDA guidelines, you might spend $979 a month on a thrifty plan, $1,028 on a low-cost plan, $1,252 on a moderate-cost plan and $1,604 on a liberal plan. The USDA guidelines can provide a starting point for a food budget, but they don't consider all the variables that can affect cost.

How do I make a grocery budget list? ›

Keep grocery store receipts to get a realistic picture of your current spending habits. It might help to break down spending by category (via a spreadsheet or on paper), including beverages, produce, etc. Once you've done this, you can get an idea of where you need to trim down your grocery bill.

What is the average grocery budget for 2 people? ›

Average grocery cost per month for 2 people in a household

The average grocery costs for a two-person household across the Thrifty to Liberal plans range from $476.92 to $868.66: Male and female living together: $514.09 to $819.26. Two adult females: $476.92 to $769.86. Two adult males: $551.26 to $868.66.

What is the 6 to 1 grocery method? ›

The 6-to-1 grocery method entails buying six vegetables, five fruits, four proteins, three starches, two sauces or spreads and one treat. Continue to shop carefully while at the store to get the best deals. Flexibility with your purchases will be a key to making this method a success.

What is the average grocery bill for one person? ›

Spending money on food is nonnegotiable; we have to eat. And chances are you eat most of your meals at home. On average, groceries cost between $290 and $548 per month for one person. However, expenses can vary depending on location, dietary choices and personal spending habits.

What is the 50 30 20 rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings.

What is the grocery budget rule? ›

50% for living essentials (e.g., groceries, housing, transportation, healthcare, etc.) 30% for wants (e.g., restaurant meals, entertainment, travel, etc.) 20% for savings and debt repayment (e.g., credit cards, mortgage)

What is the average grocery bill for a family of 4 per month? ›

In 2020, the average US household food expenditure amounted to $609.7 per month. In 2023 the average household spends between $1,047 to $1,576 on a groceries per month.

What is a master grocery list? ›

A master grocery list is like a go-to blueprint for all your shopping trips. It's a comprehensive list of items you regularly buy, saving you time and effort each time you head to the store. Using it as a strategic tool has other benefits, too.

How to divide a grocery budget? ›

Use the 50/30/20 rule to budget for groceries

Following this framework, you spend about 50% of your monthly after-tax income on needs, 30% on wants and 20% on savings and debt repayment. Most groceries fall under the “needs” category, but not every item at the grocery store qualifies as a necessity.

How to make a comprehensive grocery list? ›

To make a simple grocery list, follow these steps:
  1. Assess your needs based on planned meals.
  2. Categorize items (produce, proteins, dairy, pantry).
  3. Write down specific items in each category.
  4. Check your inventory to avoid duplicates.
  5. Prioritize essentials.
  6. Add any coupons or discounts.
  7. Review and finalize the list.
Sep 28, 2023

What is a realistic grocery budget for one person? ›

Average Monthly Grocery Budget Bill for One Person or More
Family SizeAverage Grocery Bill
1For a single person, the average grocery bill can range, depending on age and gender, between $238.46 to $434.33.
2For a household with two people, the average grocery bill is $5,635 per year, or $469.58 per month.
2 more rows
Jun 24, 2024

How much should I spend on groceries per month? ›

For a low-cost budget for a family of four, you can plan on spending $243.80 a week or about $1,055.80 a month. Moderate-cost plan. For a moderate budget for a family of four, you would spend $302.80 a week for groceries or $1,311.50 a month. Liberal budget.

What does the average person spend on clothes a month? ›

The average U.S. household spends $162 per month on clothing, according to the U.S. Department of Labor, and you'll probably want to include personal grooming costs as well as any dry cleaning in this budget category.

How do I get my grocery bill down? ›

17 ways to save money on groceries
  1. Make a meal plan.
  2. Shop alone if you can.
  3. Shop during the quietest days of the week.
  4. Swap expensive cuts of meat for cheaper options.
  5. Buy generic products.
  6. Avoid buying hygiene products at the grocery store.
  7. Stick to the store's perimeter.
  8. Pay with a grocery rewards card.
Oct 23, 2023

How much should groceries cost per week? ›

The average family spends about $270 at the grocery store per week, but that number increases when children are taken into account. Families with kids spend an average of $331 a week on groceries or 41% more than families without kids.

How can I stop spending so much on groceries? ›

Overspending on Groceries? Here's How to Change That.
  1. Shop your pantry first.
  2. Befriend your butcher.
  3. Freeze, pickle or ferment.
  4. Switch to store-branded products.
  5. Store food in portions.
  6. Pay with a cash back credit card.
Feb 2, 2024

What are 7 ways you can cut down on food costs for your family? ›

8 Tips to Reduce Your Food Bill
  • Limit Eating Out. It's probably obvious, but takeout, that delicious ramen place, and even quick "cheap" burgers add up quickly. ...
  • Plan Your Grocery Shopping. ...
  • Reduce Food Waste. ...
  • Buy in Bulk. ...
  • Set a Food Budget. ...
  • Plan for Leftovers. ...
  • Meal Prep. ...
  • Brew Your Own Coffee.
Dec 14, 2023

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