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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.
However, according to the digital personal finance company SoFi, the average American household spends a whopping $607.67 monthly on groceries, per recent U.S. Bureau of Labor Statistics (BLS) data.
The typical American spends $2,120 per month on housing (per 2023 data). Some ways to spend less on housing include: Refinancing your mortgage if you're able to lower the interest rate on your ...
This is a list of countries by household final consumption expenditure per capita, that is, the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households during one year, divided by the country's average (or mid-year) population for the same year.
The average household size for this year was 2.5 people, with 1.3 wage earners and 0.6 children per household. All that considered, let's take a look at what households are spending on, so we can ...
According to 2021 data from the Bureau of Labor Statistics, the average spending on food at home is $5,259 annually, or about $438 per month for U.S. households.