The Cost of Eating Out vs Eating In by State (2024)

Eating out comes with several perks but also breaks the bank compared to eating at home. See how much it costs to eat at home or a restaurant in your state!

As food costs soar across the country, many wonder how to get the best meals for the money. Eating out has always cost more than eating in, and at Top Nutrition Coaching, we believe in making living healthy lives easier. Still, according to our latest research, the average meal at an inexpensive restaurant costs nearly 285% more (!) than eating at home ($16.28 versus $4.23 per meal). We've compiled the national data to determine the expenses per meal, whether eating out or in. How much does it cost for a meal in your state?

Facts & Findings

  • Americans save around $12 by opting to cook and eat at home, with the average home meal costing $4.23 versus over $16 per meal at an inexpensive restaurant.
  • Annually, it costs over $13,000 more to eat out than it costs to prepare the same amount of food at home.
  • New York residents see the most drastic price difference and save $19.40 per meal made at home–nearly $3 more than New Hampshire, the second state with the highest home meal savings.
  • Increased food costs don't necessarily correlate with high populations. For example, Rhode Island, South Carolina, and Louisiana all have above-average grocery costs but all rank in the bottom 25 most populated states.

Pros and Cons of Eating In

Self-sufficiency and independence aren't possible without home cooking. Eating in comes with several perks, especially the cost, but there are a few downsides compared to eating at a restaurant.

Pro: The Cost

Regardless of your state, cooking and eating at home is significantly cheaper than eating out. Even in the bottom ten states, the cheapest cost for a meal at an inexpensive restaurant costs well over $12 compared to $3.78 made at home.

Residents in more expensive states like New York, Connecticut, and Washington realize more significant savings from eating at home, at least $15 per meal. This estimate doesn't factor in additional costs, such as parking costs, tips, drinks, or appetizers, so restaurant meals may cost substantially more and add up over time.

Pro: Nutrition and Portion Control

Home cooking gives you complete control over the ingredients' quality, nutritional value, and intake. It's far easier to diet and meal plan while eating in, and you can tailor meals to your dietary preferences.

People with specific dietary needs or restrictions especially need ingredient transparency in their lives, and sometimes restaurants aren't able to accommodate every preference. Moreover, you can buy the appropriate amount of ingredients, so you only portion what you need and don't waste food.

Pro: Useful Hobby and Skill

Many people love to cook at home and try out new recipes. You learn how to handle food using different techniques, ingredients, and equipment, and eventually, master a helpful craft that'll never go out of style.

Over time, home cooking inspires new tastes and styles that'll satisfy your cravings whenever you want them. Plus, it's always great to show off your cooking skills to friends, family, or prospective lovers.

Con: Time Investment

Of course, you can't just snap your fingers and have a meal prepared. Home cooking requires meal planning, research, grocery store trips, preparation, and cleaning–not to mention the time it takes to cook the meal.

Eating out may cost more, but you can satisfy your hunger in a relatively short time compared to preparing a meal yourself. And, you don't have to worry about dishes or preserving meals.

Con: Intimidating to Novices

If you're unfamiliar with cooking, you may find it challenging to match what you can buy from a restaurant. Tasty home-cooked food may seem intimidating to prepare, and certain dishes can require equipment or ingredients not readily available to you.

Professional chefs have the experience of providing quality meals, and it's far more convenient to eat out than learn to cook for yourself.

Pros and Cons of Eating Out

The restaurant experience comes with plenty of benefits. Not only does eating out allow us to try expertly-prepared dishes, but we immerse ourselves in the ambiance and atmosphere of the establishment. However, it's not cheap to eat out consistently, and restaurants have other drawbacks compared to home cooking.

Pro: The Convenience

You don't have to worry about making the food or cleaning when eating out. It's far easier to rely on the experts to care for your hunger, and you just need to pay the check. No grocery store trips, prep work, or waiting are involved with eating out (as long as you get there at a convenient time).

Plus, you don't have to think about what food to prepare. The menu tells us everything we need to know, and we can choose based on what the restaurant offers instead of discerning what to make ourselves.

Pro: Professional Chef Quality Food

You don't have to dine at a Michelin star restaurant to taste expertly prepared food. Restaurant foods and flavors sometimes aren't achievable in the average home kitchen, and eating out exposes our taste buds to delectable cuisines.

Even though this comes at a cost, delicious food and the experience can be priceless. And in some cases, restaurants may have the only available resources to prepare certain dishes. Beyond the flavor, expert chefs make food into a form of art.

Pro: Experience and Atmosphere

Getting out and socializing with others gives us vitality and purpose. Eating at home all the time can turn monotonous, and the restaurant experience can uplift our spirits. Catching up with a close friend or loved one over a restaurant meal can be a memorable experience, and we can't always replicate this at home.

Without the atmosphere and experience of eating out, meals are far more boring. Restaurants not only feed us but give us a place to come together and enjoy each other's company.

Con: The Cost

The biggest and unavoidable downside associated with eating out hits our wallets. It costs nearly 3 times more to eat a meal in a restaurant than to make it at home, and some states will see even higher costs with eating out.

Over time, the costs can eventually equate to months' worth of rent, car payments, or retirement savings. Although the price isn't a total waste, it's certainly far from efficient and sustainable for most people.

Con: Limited Quality and Nutrition Control

Restaurant patrons only have so much visibility regarding ingredient sourcing, quality, and nutritional value. Some restaurants may cut corners and use subpar ingredients, and we may not intake the best foods for our bodies.

Typically, restaurants that guarantee high-quality ingredients cost significantly more, and we can't always see what happens in the kitchen. Eating out isn't always transparent, and we may not get our necessary nutritional intake because of lower restaurant standards.

Methodology

We compared the cost of eating out to the cost of eating in for the most populated city in every state to find the total cost difference between the two. The sources we used are:

  • Numbeo’s Cost of Living research for a meal at an inexpensive restaurant in the most populated city in every state
  • Numbeo’s Food Prices research for the daily recommended minimum amount of money for food per person in the most populated city in every state
  • Simple English Wikipedia: List of U.S. states' largest cities

The Cost of Eating Out vs Eating In by State (1)

The Cost of Eating Out vs Eating In by State (2024)

FAQs

How much more expensive is eating out than eating in? ›

Abstract: Over the past 12 months, the cost of meals prepared outside the home have climbed 3.1% – while the cost of groceries rose only 1%. The average price per serving of home cooked meals is $4.31 – while the average cost of eating out is $20.37.

How much does eating out cost per meal? ›

Still, according to our latest research, the average meal at an inexpensive restaurant costs nearly 285% more (!) than eating at home ($16.28 versus $4.23 per meal). We've compiled the national data to determine the expenses per meal, whether eating out or in.

Is it cheaper to eat at home or out? ›

Financial advisors have long promoted home-cooked meals as a cost-saving alternative to restaurant food. A 2018 study found that, on average, you'd spend almost five times as much money ordering a delivery meal compared to cooking that same meal at home.

Is it expensive to eat out in the US? ›

Americans spend an average of $3,639 eating out each year—roughly $300 each month. And those fast-food meals and restaurant tabs continue to add up. In fact, Americans spent 20% more eating out in 2022 than they did in 2021.

How much money can you save by not eating out? ›

If you are like us, or like the typical American family, just cutting one meal out per week can save you $520-$1560 per year! Here are some things that have helped us to significantly lower our eating out budget: 1. Plan a Menu.

Is it cheaper to eat out or buy groceries in 2024? ›

In 2024, prices are still set to increase, but thankfully at a slower rate. The ERS predicts a 2.9 percent increase in food prices overall, and only a 1.9 percent increase for at-home food prices. Food away from home, or food purchased at restaurants or for takeout, are set to increase by 4.3 percent.

What is a realistic eating out budget? ›

What's a reasonable food budget? Many financial advisors and gurus recommend spending no more than 10%-15% of take-home pay on food, a figure that includes restaurant dining and takeout.

Why is going out to eat so expensive now? ›

In the post-pandemic world, consumers have been devoting more of their budgets to services compared to goods. Demand for services has been putting upward pressure on wages, which, in turn, has contributed to price increases.

When did eating out become so expensive? ›

Since 2020 the cost of dining out has skyrocketed across the US, and even as other forms of inflation have eased, menu prices keep climbing. In 2023 restaurant inflation outpaced groceries, which meant that even as Americans were spending more dining out, data suggested they were going out less.

Is Mcdonald's cheaper than eating at home? ›

Fast food is typically much more expensive than home cooked from scratch and people have very confused ideas about this.

Does eating in actually save money? ›

It depends on the individual's lifestyle and food choices. Eating out may seem more convenient, but it can be costly in the long run. On the other hand, cooking at home takes time and effort but can save money and improve overall health.

Is it more expensive to eat out or in? ›

For those who want a quick and easy answer: It's generally cheaper to cook food at home than eat out. The reason so many people can get stuck on the question is the human psychology variable. People don't always spend wisely, and it isn't as if prices are always the same at a supermarket or a fast food restaurant.

Is eating out cheaper now? ›

However, eating out has been impacted by inflation too. The Department of Labor and Statistics reports the cost to dine out last month was about 5% higher compared to January 2023. A lot of factors go into which way of eating is cheaper. For example, shopping at high end grocery stores can be compared to fine dining.

How much do Americans go out to eat? ›

Two in three Americans (67%) feel guilty when dining out, according to a new poll.

Is going out to eat more expensive? ›

Since 2020 the cost of dining out has skyrocketed across the US, and even as other forms of inflation have eased, menu prices keep climbing. In 2023 restaurant inflation outpaced groceries, which meant that even as Americans were spending more dining out, data suggested they were going out less.

Is it cheaper to eat in or takeaway? ›

Takeaways are generally cheaper than dine-in establishments because they don't have the overhead costs associated with running a restaurant. This means that you can get more food for less money!

How much does the average person spend on going out to eat? ›

The research revealed a snapshot of Americans' dining out tendencies and found that the average person spends more than $2,500 a year on eating out. But nearly seven in ten Americans (67%) are currently stressed about money and 39% have decreased their dining out budget over the past year in response.

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