You’ve probably heard that switching to a plant-based diet can help combat climate change by reducing carbon emissions, conserving ecosystems, and reducing pollution. But did you know that adopting a meat-free diet can be significantly cheaper than a diet including meat and dairy?
Exact savings will vary according to your region, the size of your household, and what you buy, but meatless diets cost $23 less per week on average. That adds up to $1,196 a year.
Looking at average retail food prices for U.S. cities, meat and dairy prices are approximately $2.80 more than fruits, vegetables and legumes (see average prices below).
Plant-based meat is currently more expensive than conventional meat due to fewer subsidies and smaller production scales. However, meat substitutes are competitively priced or even less expensive than real meat in some countries. Thus, forgoing meat and dairy is more affordable for your wallet and better for the planet.
Ground beef (per lb.) – $5.426
Ham (per lb.) - $4.083
Chicken breast (per lb.) - $4.608
Eggs (per doz.) - $2.936
Milk (per gal.) - $4.156
Cheddar cheese (per lb.) - $5.855
Bananas (per lb.) - $0.640
Strawberries (per 12 oz.) - $2.208
Potatoes (per lb.) - $0.945
Lettuce (per lb.) - $2.927
Tomatoes (per lb.) - $1.842
Beans (per lb.) - $1.673
Data from U.S. Bureau of Labor Statistics for July 2022
Make a positive impact today. Click here to secure your FutureCard Visa Card and start saving on eco-friendly purchases.