Just how much Will the Average Singaporean Household Spend Every month On Groceries?
With the current global pandemic ongoing, our lifestyle and habits have changed significantly once we learn how to adjust to the brand new normal. Based on April 2021 Retail Sales Index, when the majority of us were working at home last year, groceries sales increased by 30% month-on-month. As Singapore is currently in the center of Phase 2 (Heightened Alert) without any dining in options, our interest in groceries has returned once more.
As the sales keep growing for our local supermarkets, you might be curious to know just how much Singaporeans invest in groceries. To reply to this, we will be using data extracted from 2021/2021 Household Expenditure Survey to uncover Singaporeans’ monthly groceries expenditure.
The Average Singaporean Household Spends $388.70 Monthly On Groceries
|Type of Food and Non-Alcoholic Beverages||Total Amount (SGD$)||Total Percentage (%)|
|Bread and Cereals||$69.60||18%|
|Fish and Seafood||$57.30||15%|
|Milk, Cheese and Eggs||$42.00||11%|
|Oils and Fats||$7.70||2%|
|Sugar, Jam, Honey, Chocolate and Confectionery||$13.30||3%|
|Food Products N.E.C||$14.20||4%|
|Coffee, Tea and Cocoa||$11.40||3%|
|Mineral Water, Sodas, Vegetable and fruit Juices||$10.40||3%|
|Food and Non-Alcoholic Beverages N.E.C||$5.90||2%|
The average Singaporean household spends about $388.70 every month on groceries. That's near to $400.
However, that isn't the entire amount Singaporeans are paying for food. The average Singaporean household spends about $1,199 a month on food and groceries, accounting for about 20% of the average household expenditure. With groceries accounting for 32% from the food expenditure, it does appear to be Singaporeans prefer eating out or getting takeaways, over getting groceries for a home-cooked meal.
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