The Financial Benefits of Cooking at Home vs. Eating Out

Dust off your apron and fire up the stove—this article might just inspire you to channel your inner Gordon Ramsay. Spoiler alert: cooking at home is not only healthier but also significantly lighter on your wallet compared to dining out.

Published on 2025-03-31

Advantages of Eating at Home

We're not here to dissuade you from enjoying a night out; sharing a meal with friends or a partner at a restaurant is a delightful experience. However, balancing these outings with home-cooked meals can lead to substantial financial benefits.

  • Cost Savings: Cooking at home is significantly cheaper than dining out. On average, a homemade meal costs between $4 and $7 per person, while eating at a restaurant typically costs $10 to $15 per person—and often much more, depending on where you go and what you order.
  • Bulk Purchasing: Buying ingredients in bulk can further reduce costs. For example, purchasing staples like rice, pasta, or canned goods in larger quantities often leads to lower per-unit prices, maximizing your savings.
  • Minimized Food Waste: Cooking at home allows for better meal planning and portion control, reducing food waste and ensuring you get the most out of your groceries.

Additional Benefits Worth Mentioning

  • Portion Control: Home cooking allows you to manage serving sizes, helping to prevent overeating and promoting a healthier lifestyle.
  • Healthier Choices: Preparing your own meals gives you control over ingredients, enabling you to opt for healthier options and cooking methods. Restaurant meals often contain more salt, sugar, and unhealthy fats.

Tips for Saving Money While Dining Out

We get it—sometimes you just want to enjoy a meal out. Here are some ways to do it without breaking the bank:

  • Opt for Lunch Instead of Dinner: Lunch menus often offer similar dishes at lower prices compared to dinner offerings.
  • Limit Beverages: Reducing the consumption of alcoholic drinks or specialty beverages can significantly lower your restaurant bill, as drinks are often heavily marked up.
  • Utilize Discounts and Coupons: Explore available gift cards, coupons, or promotional deals at your favorite restaurants to enjoy meals at reduced prices.

Incorporating more home-cooked meals into your routine not only enhances your culinary skills but also offers substantial financial and health benefits. Finding the right balance between cooking at home and dining out can lead to a more satisfying and economical lifestyle.

Looking to learn more smart ways to save money? Read all about it here. Or better yet