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Not only that, but students will also spend an additional $369.36 each month eating out.
Tuition has risen at about 5 times the rate of inflation over the last 50 years, textbook prices have continued to increase year over year, and the list of expenses goes on.
And now, to worsen matters, students are having to spend more than ever on groceries and meals thanks to rapid inflation over the last year.
Monthly Grocery Spending by Month for College Students by State
According to the Bureau of Labor Statistics, the cost of groceries increased by 13.1% from August 2021 to August 2022. That was the largest annual increase since the year ending in March 1979.
That means the average individual American now spends about $402.64 per month on groceries. However, college students tend to spend about 27% less per month on groceries than the average adult.
With that in mind, we were able to calculate that the average college student will spend $294.06 per month on groceries this school year. That works out to about $2,352 for a full, two-semester school year, about $270 more than they spent last school year.
In Arizona, the average college student spent $234.12 per month of groceries, or $1,872.96 for the school year.
