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Eating at Home vs. Eating Out
Eating at Home vs. Eating Out
Table of Contents
- Eating at Home vs. Eating Out
- Health Benefits of Eating at Home
- How to Tackle Your Cooking Hang-Ups
- Health Risks of Eating Out
- How Are Restaurant Foods and Fast Foods Different from What I Make at Home?
- Can Eating Out Be Healthy?
- The Perks of Eating at Home
- What Does this Mean for Your Budget?
- How to Save Money by Eating at Home
- Conclusion
While many restaurants and fast food outlets offer us convincing marketing statements that they offer healthy and nutritional food, studies frequently find that this isn’t the case. The sugar and sodium content of most processed foods cause them to be serious threats to our health. These are also the same qualities which allow these foods to become addictive.
It’s not just fast food, either. The restaurant industry encourages overconsumption and indulgence in foods that we know to be unhealthy for our bodies. Nor is restaurant food as healthy for us as what we would make at home. At the same time, the cost of eating out puts a large strain on many of our food budgets.
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How Much Money Do You Save by Cooking at Home?
This post is adapted from the blog of wellio, a Priceonomics Data Studio customer. Does your company have interesting data? Become a Priceonomics customer.
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Intuitively, we all know there are benefits to cooking at home. You can use healthier ingredients, set portions to a reasonable size, avoid food allergies, and of course you can save money compared to ordering restaurant delivery or using a meal kit service.
But just how much money do you save by cooking at home? We decided to analyze our recipe data to find out the true cost of cooking at home from scratch, compared to delivery from a restaurant or a meal kit service.
We analyzed data from Priceonomics customer wellio, a platform that breakds down millions of recipes into single ingredients and matching those to grocery items from local stores. That allows us to measure the ingredient cost for a wide variety of recipes. For 86 popular dinner recipes, we decided to look at the average cost per serving of cooking from scratch and compare it to the cost per serving of ordering from a restaurant or a meal kit delivery service.
We found on average, it is almost five times more expensive to order delivery from a restaurant than it is to cook at home. And if you’re using a meal kit service as a shortcut to a home cooked meal, it’s a bit more affordable, but still almost three times as expensive as cooking from scratch.
When cooking at home, you’ll save a substantial amount of money on carb-based meals like pasta or pizza, and you’ll save the most on protein-based meals when compared to ordering from a restaurant or meal kits.
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Confusions, Delusions, and Illusions
Confusions, Delusions, and Illusions
Two recent surveys, along with numerous other studies and data, reveal most American households to be living on the brink of catastrophe, but continuing to act in a reckless and delusionary manner. There have certainly been economic factors beyond the control of average Americans that have resulted in real median household incomes remaining stagnant for the last 36 years. The unholy alliance of mega-corporations, Wall Street and bought off corrupt politicians have gutted the nation of millions of good paying jobs under the guise of globalization, while utilizing debt, derivatives and financial schemes to enrich themselves. The malfeasance of the sociopathic privileged class does not discharge the personal responsibility of citizens for living within their means. A lack of discipline, inability to delay gratification, failure to understand basic mathematical concepts, materialistic envy, absence of critical thinking skills, and a delusionary view of the world have left the majority of Americans broke and in debt.
The data that captured my attention was how little the average American household has in savings. Roughly 62% of Americans have less than $1,000 in savings and 21% don’t even have a savings account, according to a new survey of more than 5,000 adults conducted this month by Google Consumer Survey for personal finance website GOBankingRates.com. This dreadful data is reinforced by a similar survey of 1,000 adults carried out earlier this year by personal finance site Bankrate.com, which also found that 62% of Americans have no emergency savings for a medical crisis, car repair, or unanticipated household expenditure.
The fact is these are not highly unlikely scenarios. They happen every day as part of our routine existence. Everyone gets sick. Every car eventually needs new tires or an engine repair. Every home will need a new hot water heater or roof at some point. It is foolish and short sighted to not expect “unexpected” expenditures.
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