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Is dining out cheaper than buying groceries?

As food prices continue to rise, many people are looking for new ways to save. Could dining out be a realistic option?

CHARLOTTE, N.C. — Rising prices are impacting pretty much every part of our lives, but could it actually be cheaper to enjoy a night out at a restaurant than take a trip to the grocery store? 

Many people are looking to save a few bucks any way they can when it comes to their meals. But is it worth it to give up on home-cooked meals in the long run?

Let's connect the dots.

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According to the U.S. Department of Labor, grocery prices rose over 13% in July compared to a year ago. Meanwhile, prices at restaurants rose only over 7% during the same time.

It's the largest gap between grocery stores and restaurants in about 50 years.

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RELATED: Prices of bakery supplies leaving Charlotte bakeries with a bitter taste


But when you look a bit closer, the price difference might be a bit misleading.

Most of the average savings people are finding come from eating at fast food places. Higher-end sit-down restaurants will typically still cost more than at-home meals.


You can also find healthier options when you eat at home, compared to the cheaper fast food meals.

RELATED: The cost of school lunch


So, when it comes to food, you'll still save a bit more, and find healthier options at the grocery store. And if you're looking to save more, wait for weekly deals and use more coupons when you shop.

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