SNAP Benefits Rise for Millions of Americans

For the millions of people who receive SNAP, grocery budgets will stretch a little further this month.

Starting Oct. 1, the maximum SNAP benefit for a family of four in the 48 contiguous states and Washington, D.C., rose to $1,023 a month, Jasmine Andersson reported for Yahoo News.
The annual adjustment is designed to account for changes in the cost of living.
SNAP income limits and deductions are also adjusted at the start of each federal fiscal year, which means some households may qualify for different benefit amounts or become eligible for assistance under the revised standards.
SNAP generally expects households to spend about 30% of their net monthly income on food.
The monthly benefit is calculated by multiplying net income by 30% and subtracting the result from the maximum allotment for the household’s size.
For example, a family of four with $1,000 in monthly net income would be expected to spend $300 on food. Its estimated SNAP benefit would therefore be $1,023 minus $300, or $723 per month, assuming the household otherwise qualifies.
The maximum allotments are different in Alaska and Hawaii, while Guam and the U.S. Virgin Islands also have separate allotment levels because food costs and other factors differ from those in the 48 contiguous states and Washington, D.C.
The USDA adjusts SNAP maximum allotments, deductions and income eligibility standards at the beginning of each federal fiscal year, which starts Oct. 1.
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