According to the US Bureau of Labor Statistics, the average monthly cost of groceries is $504 as of late 2024. The total annual cost for families should be approximately $6,043.

The couple’s first priority each month is to cover their essential expenses. “We allocate our initial funds to our fixed expenses, which include utilities, dining out and grocery budget,” said Harris.

Yet while “how do I budget” seems like a simple question, knowing exactly where to start can be complicated. Here is a guide to help: Need a break? Play the USA TODAY Daily Crossword Puzzle.

A monthly budget can help you stay on top of your finances. Use NewsNation's 50-30-20 calculator figure out how much to spend.