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Housing accounts for 33% of the average American household's total spending. According to The Motley Fool Ascent's breakdown of average monthly expenses, that $2,120 a month includes $385 on ...
American households spent $77,280 last year, up $4,300 from 2022. The average household size for this year was 2.5 people, with 1.3 wage earners and 0.6 children per household.
As of 2023, the average American was spending $6,440 per month, up from $6,081 in 2022. ... Joining a warehouse club store like Costco or Sam's Club if you have a larger household and buying in ...
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.
If that doesn’t sound like much, consider this: It’s enough to pay the utility bill for the average American — with nearly $50 left over. Multiplied over a year, it comes to more than $3,000.
The United States Census has race and ethnicity as defined by the Office of Management and Budget in 1997. [1] The following median household income data are retrieved from American Community Survey 2021 1-year estimates.
What does the average U.S. household spend on groceries per month? According to 2022 data from the Bureau of Labor Statistics, which is the most recent available, the average spending on food at ...
Here’s How Much the Average US Household Earned Last Year — Was It Enough? Cynthia Measom. September 23, 2024 at 2:00 PM. ... Suggestions for Stretching a Household Budget.