Here’s how much Ohio residents spend on fast food compared to other states, new study says
Fast food is quick, cheap and most of the time, delicious. So, it’s no wonder U.S. residents love fast food.
In fact, the average American eats fast food one to three times a week and over 30% of adults eat fast food on any given day.
However, fast food prices have increased over the years, so budgeting for a quick meal could get you into some wallet troubles.
“Where you live can have a big impact on how much you shell out for fast food, too; it costs around 1.8 times more in the most expensive states than the cheapest states, relative to the median income,” said WalletHub analyst Chip Lupo.
To see how much each state’s residents spend on fast food, WalletHub experts compiled spending data from all 50 states and ranked each one from spending the most to least on fast food.
So, where does Ohio rank? Let’s check out the data.
How much Ohio folks spend on fast food
Ohio was ranked 16th on WalletHub’s fast food spending list, which actually means Ohio is one of the states that spends a bit more on fast food than others.
Ohio folks spend 0.38% of their median monthly household income on fast food. In comparison, Mississippi is the state that spends the most on fast food and its residents spend 0.48% of their median monthly household income on fast food.
Additionally, New Jersey ranked 50th, which means it is the state where residents spend the least on fast food. New Jersey residents only spend 0.27% of their median monthly income on fast food.
To save on fast food, experts recommend the following:
- Use coupons. Although fast food menu prices have risen substantially in recent years, you can get discounts that are comparable to the old prices by using coupons.
- Budget wisely. If treating yourself to fast food is something that you value, it’s essential to know how to budget well.
- Cook at home and eat out less often.
- Join rewards programs and download fast food restaurant apps.
- Don’t go crazy with fast food order toppings, add-ons, etc.
What do you think about this study? Let me know in the comments or email me at cmadden@mcclatchy.com
