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Is Cooking from Scratch Really Cheaper?

4 min read

According to a study cited by Forbes, it's approximately five times more expensive to order food from a restaurant than to cook at home. But does that apply to all types of food? We break down whether cooking from scratch is really cheaper than relying on convenience foods and show you how to maximize your savings.

Quick Summary

This article examines the cost-effectiveness of cooking from scratch versus buying convenience foods and eating out. It provides a detailed comparison, highlights hidden costs and savings, and offers practical tips for budget-friendly meal preparation.

Key Points

  • Initial Investment vs. Long-Term Savings: The upfront costs for stocking a pantry for scratch cooking are higher, but the long-term savings on a per-meal basis are substantial.

  • Convenience is Expensive: Paying for pre-made and restaurant meals includes costs for labor, packaging, and marketing, making them significantly more expensive than homemade alternatives.

  • Meal Planning is Crucial: Effective meal planning and shopping lists prevent impulse buys and reduce food waste, which are major financial drains.

  • Healthier and Customizable: Cooking from scratch gives you complete control over ingredients, leading to healthier meals and fewer hidden costs associated with high-sodium or sugary processed foods.

  • Time vs. Money Tradeoff: While scratch cooking takes more time, techniques like batch cooking and meal prepping can minimize weekly effort while maximizing long-term savings.

  • Bulk Buying Power: Purchasing staples like dried beans, rice, and grains in bulk dramatically lowers the cost per serving compared to buying smaller, processed versions.

In This Article

For many, the idea of cooking from scratch brings to mind images of long, leisurely afternoons in the kitchen. However, in our fast-paced world, convenience foods and restaurant take-out have become the norm. The rising cost of groceries has many questioning if the traditional route of home cooking is actually the more affordable option. While buying ingredients and doing the work yourself eliminates the labor and overhead costs of restaurants and pre-packaged meals, the truth is a bit more nuanced. The cost-saving potential of cooking from scratch depends heavily on your habits, organization, and the types of food you make. For instance, a meal kit delivery service might be three times more expensive than cooking from scratch, but still offer savings over restaurant delivery.

The Financial Case for Cooking from Scratch

Cooking from scratch is fundamentally more economical because you are only paying for the raw ingredients, not the additional costs associated with processing, packaging, and marketing. This provides a buffer against rising food prices, which impact convenience foods even more significantly. The savings are multiplied through bulk purchasing of staple items, which are almost always cheaper per unit. For example, a large bag of dried beans and rice costs a fraction of the price of individual cans or boxes and can be used for multiple meals. Furthermore, home cooking drastically reduces food waste, a major source of financial loss for the average family.

Batch Cooking and Meal Prepping

One of the most effective strategies for maximizing the financial benefits of cooking from scratch is batch cooking and meal prepping. By dedicating a few hours to cooking larger quantities, you can create multiple meals at once. This saves money on utilities, as you're only heating your oven once, and ensures you have healthy, affordable meals ready for busy weeknights. Leftover chili can become a filling for tacos later in the week, and a roasted chicken can be stretched into several meals, from sandwiches to soup. Having pre-made meals on hand also reduces the temptation to order expensive takeout on days you're too tired to cook.

Minimizing Food Waste

Food waste is a hidden drain on your budget. When you buy convenience foods, you often purchase more than you need, and any unused portion becomes a financial loss. In scratch cooking, you are in control. Proper storage and meal planning ensure that every ingredient is utilized. For instance, leftover vegetable scraps can be used to make a flavorful stock. By being mindful of ingredients, you can significantly reduce the average family's annual food waste.

The Caveats: When Convenience Wins

While cooking from scratch is almost always cheaper than eating out, there are scenarios where convenience food can seem more affordable, particularly when comparing against a single, pre-packaged item. However, these comparisons often overlook the long-term costs of health and nutrition. Ready-made meals are often high in sodium, sugar, and unhealthy fats, which can lead to higher healthcare costs later in life. The true financial advantage of scratch cooking is evident over time, as long as you apply smart strategies.

A Cost Comparison: Homemade vs. Convenience

To illustrate the cost differences, let's compare a few common items. Prices are for illustrative purposes and will vary based on location and store.

Item Homemade (per serving) Convenience (per serving) Key Advantage of Homemade
Pasta Sauce $0.50 (from canned tomatoes, herbs) $1.50 (jarred sauce) Control over ingredients, less sugar and sodium
Pizza $1.75 (from scratch dough, sauce, cheese) $5.00 (frozen pizza) Fresher taste, higher quality ingredients
Chicken Burgers $2.25 (ground chicken, buns, produce) $4.50 (frozen chicken patties) Better texture, customizable seasoning
Black Bean Soup $0.75 (dried beans, stock, vegetables) $3.00 (canned soup) Bulk cooking potential, richer flavor, high fiber

Practical Tips for Budget-Friendly Scratch Cooking

  • Plan your meals: Dedicate time each week to plan your meals around what's on sale and what you already have in your pantry and freezer. This prevents impulse buys and food waste.
  • Buy in bulk: Purchase non-perishable staples like rice, dried beans, oats, and spices in bulk. The upfront cost is higher, but the cost per serving is significantly lower.
  • Use cheaper cuts of meat: Opt for less expensive cuts like chicken thighs instead of breasts, or incorporate plant-based proteins like lentils and beans to bulk up meals.
  • Embrace your freezer: Freeze leftovers in portioned containers for quick, future meals. This is especially useful for soups, stews, and casseroles.
  • Shop seasonally: Produce is at its cheapest and most flavorful when it's in season. Plan your meals around seasonal fruits and vegetables.
  • Learn a few foundational recipes: Master a few versatile recipes like a basic tomato sauce, pizza dough, or a simple stir-fry. This builds your confidence and makes cooking quicker.

Conclusion

Ultimately, the question of "is cooking from scratch really cheaper?" can be answered with a resounding yes, provided you approach it with a plan. While the initial time investment may be greater, the financial benefits are substantial and cumulative. By adopting strategies like meal planning, bulk buying, and minimizing food waste, you not only save money but also gain control over your diet, enjoy healthier food, and learn valuable skills. Occasional takeout is fine, but for daily eating, homemade is the clear winner for your wallet and your well-being. By focusing on whole, unprocessed ingredients, you can cut your monthly food costs and reduce your dependency on expensive, less-nutritious convenience foods.

Visit MoneySavingExpert.com for more budget-friendly tips on everything from cooking to everyday spending.

Frequently Asked Questions

The amount you save depends on your eating habits, but studies show significant savings. For example, some estimates suggest eating at a restaurant is five times more expensive than cooking at home, and meal kits can be three times more expensive. Consistent home cooking can save thousands annually.

Generally, it is cheaper to buy raw ingredients than prepared meals. The cost of prepared food includes manufacturing, packaging, and profit margins. However, buying ingredients for just one dish can sometimes be more expensive than a single ready-meal, so smart meal planning for multiple dishes is key.

Hidden costs include the extra expense for packaging, processing, and marketing. Convenience foods often contain high levels of sodium, sugar, and fat, which can impact your health over time, potentially leading to increased long-term healthcare costs.

Simple, budget-friendly recipes often involve staples like rice, pasta, and beans. Examples include simple pasta with homemade tomato sauce, rice and bean burritos, or lentil soup. These can be made in large batches and frozen for later.

Yes, meal prepping saves money by reducing last-minute spending on takeout, utilizing ingredients more efficiently, and reducing food waste. By planning and cooking in bulk, you can lower your weekly food expenses significantly.

To reduce food waste, plan your meals in advance and use a shopping list. Also, make use of leftovers creatively by incorporating them into new meals. Proper storage of ingredients and freezing extra portions are also very effective.

Start small by mastering one or two basic recipes. Gradually build up your pantry with cost-effective staples like grains, beans, and spices. Plan your weekly meals around what you have and what's on sale to make it manageable.

References

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Medical Disclaimer

This content is for informational purposes only and should not replace professional medical advice.