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People spend $225 a month on gas and almost $150 on auto insurance. Interestingly, spending on public transport was over $90 a month in 2023 -- up 30% from the year before.
The cost of food has hit everyone hard, whether you're a living single or a part of a household of seven. Although inflation has decreased significantly since reaching 9.1% over the year ending ...
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Like many people, you're trying to stretch your dollar as far as it can go. Part of this is making sure your average monthly budget is at least somewhat aligned with the average American's ...
The researchers used the 2021 Consumer Expenditure Survey data (the latest available) for a single person from the Bureau of Labor Statistics to calculate the annual cost of necessities based on ...
Utilities, along with mortgage or rent payments, are necessities and typically take up the largest portion of one’s budget. U.S. households spent an average of $3,948 in 2023 on utility bills ...