For most of my adult life I've been in the eat out category, and people always say it's bad because of cost. Well it looks like the tables have turned if you're like me!
According to a new study, based on the way food prices have gone up in the past decade, you're not really saving money by cooking at home anymore. Eating out costs around the same, and might even be cheaper!
Based on estimates from the USDA, the cost of food for a family of four has gone up 38% since 2003.
Back then, it cost $601.50-a-month to feed a family. Now it's up to an average of $830 on the low end and $1,257 on the high end.
That's anywhere from about $28 to $42 per day and you can probably eat cheaper than that at fast food. Of course, it would be WAY less healthy than what you're cooking, but you're not saving a FORTUNE by cooking at home.
The study also found that if you try to make a 10-ounce ribeye steak, soup, salad, and a vegetable, it costs you $2.53 more per person than eating that exact same meal at Outback Steakhouse.
And if you make seafood alfredo, breadsticks, and salad, it's costs $3.79 per person more than eating that same meal at Olive Garden.
I don't know about you, but I'm gonna go eat out now that we're talking about Olive Garden!