Financial Planning How Much Is a Side of Beef Per Pound? Read the Article Open Share Drawer Share this: Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook Click to share on Tumblr (Opens in new window) Tumblr Click to share on Pinterest (Opens in new window) Pinterest Click to share on LinkedIn (Opens in new window) LinkedIn Written by Mint.com Published Mar 29, 2012 2 min read Advertising Disclosure The views expressed on this blog are those of the bloggers, and not necessarily those of Intuit. Third-party blogger may have received compensation for their time and services. Click here to read full disclosure on third-party bloggers. This blog does not provide legal, financial, accounting or tax advice. The content on this blog is "as is" and carries no warranties. Intuit does not warrant or guarantee the accuracy, reliability, and completeness of the content on this blog. After 20 days, comments are closed on posts. Intuit may, but has no obligation to, monitor comments. Comments that include profanity or abusive language will not be posted. Click here to read full Terms of Service. Buying a side of beef might seem totally crazy: how can one possibly eat 100 pounds of beef before it spoils? But before you buy mass produced beef from the grocery store, check out the math. You will be shocked just how cheap buying organic, grass-fed meat can be. Let’s start by breaking down the costs of buying beef pound by pound at the grocery store and ordering an animal directly from the farmer. There are two direct costs involved, buying and storing. Farm-raised Beef Buying – Growers typically charge a flat price, about $3-$5 a pound for grass-fed beef, which is higher quality than store bought beef, and some say it’s better tasting, too. If you pool your money with four other families, you’ll be expected to pay for your portion of over 100 pounds worth of meat. That adds up to 8.3 pounds of beef for each of the four families to eat every month. Your share will include a varied selection of beef, including ground beef, steaks, roasts, and stewing meat. 100 pounds x $4 per pound, on average = $400 Storing – Not everyone has an extra deep freezer sitting around. A new 9 cubic foot Kenmore freezer will run you $272 at Sears. One online energy guide estimates this freezer’s yearly running cost will be $27. Freezer + energy costs = $299 Your total yearly cost for buying a side of beef from a farmer, including storage, is $699. If you amortize the cost of the freezer over three years, your yearly cost drops to $499 Grocery Store Beef Buying – Meat prices vary widely depending on cut and where you buy. Let’s estimate what a typical family of four pays for regular beef in an average month. To make a fair comparison to buying beef from a farmer, we’ll stick to purchasing 8.3 pounds of beef a month. 1 – 2 pound flank steak at $10.99 per pound = $21.98 4 pounds of ground beef at $3.99 per pound = $15.96 2.3 pounds stewing meat at $2.99 per pound = $6.87 Total beef outlay in one month = $44.81 Total yearly beef outlay is $ x 12 = $537.72 Storing – Good news: storing grocery store beef is almost free! As long as you can make room in your freezer for your weekly meat buys, electricity to run a new Energy Star rated 25 cubic foot Kenmore side-by-side refrigerator costs an estimated $61. Freezer + energy costs = $61 Your total yearly cost for buying beef from the grocery store, including storage, is $598.72. In case you forgot, the yearly outlay for grass-fed beef was $699, or $499 per year over three years. Which means buying higher quality meat from a farmer costs $99.72 less per year than buying regular meat from the store. Plus, you will have a new freezer to stash other edibles, like bread, soup, and veggies. Want to dig deeper into buying a side of beef? Check out LocalHarvest.org and EatWild.com, both of which have state by state listings of farms where you can buy grass-fed meat. Julia Scott blogs at the money saving site BargainBabe.com. Previous Post Turn Your Hobby Into a Business With Pinterest Next Post MintStyle with Rachel Weingarten: How to Have Confident Style Written by Mint.com More from Mint.com Browse Related Articles Mint App News Intuit Credit Karma welcomes all Minters! Retirement 101 5 Things the SECURE 2.0 Act changes about retirement Home Buying 101 What Are Homeowners Association (HOA) Fees and What Do They Cover? Financial Planning What Are Tax Deductions and Credits? 20 Ways To Save on Taxes Financial Planning What Is Income Tax and How Is It Calculated? Investing 101 The 15 Best Investments for 2023 Investing 101 How To Buy Stocks: A Beginner’s Guide Investing 101 What Is Real Estate Wholesaling? Life What Is A Brushing Scam? Financial Planning WTFinance: Annuities vs Life Insurance