Avoid Food Waste, Save Money Email With the COVID-19 pandemic closing many of the places we are accustomed to getting our meals, home cooking is having an unexpected moment. More home cooking means more opportunities to reduce food waste — and save money at the same time. According to the USDA, the average American wastes 238 pounds of food per year — 21 percent of the food we buy — costing $1,800 per year. That’s a lot of cheddar! The good news is that most food waste is avoidable. Check out our food waste page for a variety of tips on how you can eliminate food waste in your household and save money.