A Potluck Cookout? Plus 11 More Ways to Save Money on Food This Summer
Here’s a little bit of good news for summertime home chefs everywhere.
As we move into the heart of summer, Americans continue to see the cost of food dropping slightly. After a record high in 2022, the cost of cookout for a group of 10 is down to $67.73 – according to a survey from the American Farm Bureau Federation (AFBF).
The cost included hamburger buns, cheese, ground beef, cookies, ice cream, strawberries, chips, chicken breasts, pork chops, pork and beans, lemonade and potato salad.
“The slight downward direction in the cost of a cookout doesn’t counter the dramatic increases we’ve seen over the past few years. Families are still feeling the pinch of high inflation along with other factors keeping prices high,” said AFBF Chief Economist Roger Cryan.
The cookout cost — down from $69.98 last year — is still the second highest on record. It also comes as Americans see a drop in the price of chicken breasts, pork chops, chocolate chip cookies and lemonade, according to the AFBF survey.
With the cost of a cookout dropping but still relatively, what can you do to entertain and cook on a budget throughout the summer?
11 Ways to Save Money Cooking This Summer
These cheap summer cooking ideas can wow your guests and your wallet. You might even save some time and skip some stress too.
1.Break Out the Slow Cooker
Slow cookers and one-pot meals have been all the rage the last few years.
They’re super easy. You just drop in your food, adjust your time and temperature and be on your way. There’s very little clean up.
Even better, slow cookers are perfect for cheaper cuts of meat that might need longer cook times to tenderize. Using the slow cooker also allows you to keep the oven off so as not to overwork your air conditioning and spend more time with your guests.
Need some delicious recipes to get you started? We’ve got suggestions.
If you do turn the stove on, try these cheap weeknight dinner ideas to get dinner on the table for a reasonable price.
2. Grow Your Own Herbs and Vegetables
Remember during the pandemic when everyone was growing their own food and making their own bread? Why not keep that trend going?
Making a small garden takes a little work on the front end, but there’s no doubt you’ll save dollars in the long run — especially if you regrow veggies from kitchen scraps. If you don’t have the space for a garden, you can always start small by taking advantage of a window and natural sunlight.
3. Go All in on Freezer Meals
Only use food that you’ve stored in the freezer. That’s an incredibly easy way to prepare meals! You’ll save money by not having to buy anything extra, plus you’ll clean out your freezer in the process.
Pizza. Lasagna. Chicken fingers. Make it a fun summer evening dinner and get the kids involved too!
On the flip side, stock your freezer with meals for those long summer days when you’d rather not cook.
4. Host a Potluck Cookout
You provide the grill and the grilled chicken or burgers, and let your friends bring the rest.
Assign your friends the sides, desserts and drinks. This will take the pressure off you and your budget to provide and pay for everything. You’ll likely be less stressed and better able to enjoy a beautiful summer evening with your friends.
5. Make Your Own Salad Dressings and Marinades
Most salad dressings and marinades are really easy to make — and going DIY will keep you from buying the expensive bottled stuff at the grocery store.
Whether it’s ranch, a classic vinaigrette or honey mustard, Bless This Mess has nine easy recipes to make your own dressing. For grilling, these marinade recipes from The Pioneer Woman rely on cheap pantry staples.
6. Buy Veggies That Stay Fresh Longer
Vegetables like cabbage, carrots, sweet potatoes and onions will keep for at least a month — and even longer if you store them correctly.
Items like peppers, mushrooms, leafy greens and bananas will spoil a lot quicker so you’ll want to use them first.
7. Take Advantage of Free Grocery Pickup
Most major grocery chains offer free store pickup. Some do it for free, while others offer the service for orders over a set price.
Shopping for groceries online can help you save money on groceries because you’re more intentional about your shopping — and less likely to make impulse purchases. Plus, time is money and you’ll save on that too! You may need to download the store’s app to schedule the pickup.
8. Join Your Store’s Loyalty Program
It’s not 1988 anymore. You don’t have to load up a 5-pound album full of coupons to save money on groceries.
Almost every major store has some type of loyalty program you can access on its app. The store can offer discounts based on your spending habits, and those discounts are right there in the app. Save money and a tree while you’re at it!
9. Go Vegetarian (for One Night a Week)
Being an omnivore is expensive. Those proteins aren’t cheap.
A 2021 study by Oxford University found that eating vegetarian or vegan will cut your food budget — by up to 33%. That doesn’t mean you have to go full tilt vegetarian, but you could save money by giving it a try every once in a while.
Don’t know where to begin? These influencers can teach you how to cook on a budget.
10. Pick Cheaper Cuts of Meat
Once vegetarian night is over and it’s back to some hearty chicken or beef, skip the pricey filets and rib-eyes and go with cheaper cuts for grilling, like pork chops or chicken thighs.
Some o these meats might be a little tougher, so you might have to cook them for longer in a slow cooker (see #1) or low and slow on the grill.
11. Know Your Dates
Not the dry fruit. We’re saying that “best by” or “sell by” date might not mean what you think it means. According to the USDA, “best if used by” dates indicate when the product is at peak quality. Excluding baby formula, they are not an indication of safety.
Yes, the product might slowly deteriorate after said date, but it’s on you to check for spoilage, mold, nasty smells and all the other signs of food gone bad. If everything checks out, you might just save a buck.
Robert Bruce is a senior staff writer at The Penny Hoarder covering earning, saving and managing money. He has written about personal finance for more than a decade.