Every year, the average American spends $1,200 on fast food. A OnePoll 2014 survey of 1,000 adults revealed that Americans eat fast food on average twice a week, spending $12.50 on each meal. Equally revealing is that burgers, fried chicken and pizza are ordered the most, and about half of Americans consume soda every day.Know More
In 2013, Americans spent $117 billion at fast-food restaurants, such as McDonald's, Kentucky Fried Chicken and Pizza Hut.
Every day, at least 1 in 4 Americans eat some type of low-cost, high-speed cuisine with very little nutritional value. These habits have been linked to weight gain and poor health.Learn more about Financial Calculations
StarChefs explains that food cost percentage is figured by taking the total beginning inventory cost plus purchases minus the ending inventory costs; then dividing that number by food sales.Full Answer >
NPR indicates that the average American household spent 3.6 percent of its money on clothing in 2011. NPR broke the percentage down, explaining that women's clothing accounted for 1.5 percent, men's clothing was 0.8 percent and shoes for both explained 0.7 percent of the budget.Full Answer >
As of 2012, Americans spent $25.4 billion directly on professional sports. The number is higher when factoring in money spent on sports merchandise and sports gambling.Full Answer >
According to re:fuel's 2013 College Explorer report, college students spend 36 percent of their overall discretionary budgets on food. It is the largest expense of all discretionary spending done by college students.Full Answer >