USDA's Low-Cost, Moderate-Cost, and Liberal Food Plans: Development and Expenditure Shares

The Low-Cost, Moderate-Cost, and Liberal Food Plans represent nutritious diets at various costs. This revision of the market baskets of each food plan using a mathematical optimization model reflects recent changes in dietary guidance and incorporates updated information on food composition, consumption patterns, and food prices at the same inflation-adjusted cost of the previous food plans. This analysis shows how food expenditures need to change to obtain a healthful diet. The analysis is particularly significant because average food expenses exceed the cost of the Low-Cost Food Plan. Hence, Americans could achieve a healthful diet at less the cost than they are currently paying.


Issue Date:
2008
Publication Type:
Conference Paper/ Presentation
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/6216
PURL Identifier:
http://purl.umn.edu/6216
Total Pages:
17
Series Statement:
Selected Paper
464070




 Record created 2017-04-01, last modified 2020-10-28

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