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

Author

Listed:
  • Carlson, Andrea
  • Lino, Mark
  • Fungwe, Thomas V.

Abstract

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.

Suggested Citation

  • Carlson, Andrea & Lino, Mark & Fungwe, Thomas V., 2008. "USDA's Low-Cost, Moderate-Cost, and Liberal Food Plans: Development and Expenditure Shares," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6216, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea08:6216
    DOI: 10.22004/ag.econ.6216
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    File URL: http://ageconsearch.umn.edu/record/6216/files/464070.pdf
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    References listed on IDEAS

    as
    1. Carlson, Andrea & Lino, Mark & Juan, WenYen & Marcoe, Kristin & Bente, Lisa & Hiza, Hazel A. B. & Guenther, Patricia M. & Leibtag, Ephraim S., 2008. "Development of the CNPP Prices Database," CNPP Reports 45851, United States Department of Agriculture, Center for Nutrition Policy and Promotion.
    2. Carlson, Andrea & Lino, Mark & Juan, WenYen & Hanson, Kenneth & Basiotis, P. Peter, 2007. "Thrifty Food Plan, 2006," CNPP Reports 42899, United States Department of Agriculture, Center for Nutrition Policy and Promotion.
    3. Carlson, Andrea & Lino, Mark & Fungwe, Thomas V., 2007. "The Low-Cost, Moderate-Cost, and Liberal Food Plans, 2007," CNPP Reports 45850, United States Department of Agriculture, Center for Nutrition Policy and Promotion.
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