Those with lower income spend more money on food, a USDA study finds

A recent USDA study finds households that bring in less money tend to spend more of their income on food.

When looking at the lowest earners with an after-tax income around $16,000, those households spend around $5,000 on food, which comes out to around 32 percent of overall income.

For the highest earners, including those above $200,000, the share of food purchases is eight percent of overall income. Researchers found as households bring in more disposable earnings, they often switch to pricier foods, including dining out.