The cost of meat rose by 3.8%, but in absolute terms, a kilo fillet steak could reach A$60 per kilogram.
Australians spend about 15% on meat, and the other half (7.4%) is spent on dairy products.
According to, 43% of households believe that grocery prices cause financial stress. Half of these people are trying to cut back on their spending.
How can you cut costs on meat and milk products without sacrificing nutrition?
Read more: How to save $50 off your food bill and still eat tasty, nutritious meals.
Meat
Meat contains iron, zinc, and vitamin B12.
The recommendation is to consume no more than three servings of lean-cooked red meat per week. It can be beef, lamb, or veal. Kangaroo is also acceptable. A serve is 65g cooked. It means buying 270-300g of meat per person per week.
Prices and specials are available online. The less expensive cuts are oyster blades, chuck steak, or rump (between $22 and $25 per kilogram). These cuts are tougher and better suited for slow-cooking or casseroles, such as this beef Stroganoff.
The exception to this rule is mince. Products with higher stars, lower fat, and more expensive prices shrink less when cooked compared to regular, which shrinks between 25-30%.
The star-shaped mince will shrink less when cooked. Emanuel Ekstrom/Unsplash
Add vegetarian protein sources, such as beans or legumes, to casseroles and mince dishes in dried or canned form.
A 400g can contain 240g of cooked beans and costs around $1.50. This is equivalent to about 1.6 standard servings. Add any canned legume (black beans, adzuki beans, cannelloni beans, butter chickpeas or four-bean mixture, brown lentils). You can also use dried lentils that do not require pre-soaking, like red lentils.
This contains a variety of nutrients, including iron, zinc, and calcium.
Read more: Love meat too much to be vegetarian? Go ‘flexitarian’
Dairy
Dairy products contain important nutrients such as calcium, magnesium, and zinc. They also provide vitamins B2, B12, and A. Australian recommendations recommend two to three servings a day per adult and four for women aged over 50. One serving is equal to one cup of milk or 40g of cheese.
UHT milk, which costs about $1.60 a liter, is less expensive than fresh milk, depending on the brand and type. Powdered milk is even cheaper ($10 for a kilogram, making ten liters), costing $1 per liter.
Substitute yogurt for sour cream. Michelle Henderson/Unsplash
Using a powder mixture and a yogurt machine ($25) to make yogurt costs $5-6 per kilo. Divide the yogurt into smaller tubs once it has set. Use to replace cream or sour cream.
Fresh yogurt is priced between $11 and 18 dollars per kilogram. Individual servings and flavored varieties are more expensive, but not always. Check for specials and compare prices per kilogram or 100g.
Prices for cheese can vary greatly, so it’s important to compare them per kilogram. Block cheese is generally cheaper than pre-sliced cheese or grated cheese. Branded products are more expensive than home brands. The mature cheeses cost more, and the processed cheeses cost less. If you slice block cheese very thick, you will end up using more. Block cheese can cost anywhere from $15 to $30 per kilogram, while pre-sliced cheese packets range from $18 to more than $30.
Pre-grated and processed cheeses are available in a range of $14 to $30 per kilogram, with the majority being around $20. Mix grated carrots with grated cheese (about $2 per kilogram) to extend the shelf life of grated cheese. Use it as a topping for pizza, tacos, and wraps. For toasted sandwiches, use processed cheese slices. Most recipes are successful when you use less cheese than the specified amount.
Cans of salmon are a good alternative to cheese for sandwiches. However, at $6-$7 per can (or $15-$30 per kg), you may not be able to save much money.
Read more: Eggs are so expensive right now. What else can I use?
Three tips to save on your food bills
1. Budget your household’s food
Make sure everyone understands how to save money on food and drink.
Around 50% of household food dollars are spent on take-out, dining out, coffee, alcoholic beverages, food delivery services, and extras. So, set aside a budget to cover discretionary items. You can save a lot of money by avoiding these items.
You might want to give your family an incentive to stick with the budget by voting on what “discretionary items” you spend food dollars on.
