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The Facts of US Spending and Cost of Living

THE FACTS ON U.S. SPENDING COST OF LIVING AND HOW MUCH DO AMERICANS SPEND ON FOOD? Americans report spending $151 ON FOOD PER WEEK on average. Young adults' average weekly food spending is $173 that's nearly $9,000 per year! 1/10 Americans say they spend $300 or more per week. COST OF LIVING S Basic Family Budget: $48,166 $94,676 Marshall County, MS New York City The basic family budget for a two-parent, two-child family ranges from $48,166 (Marshall County, Miss.) to $94,676 (New York City). Average Apartment Cost The average apartment in the United States can run anywhere from $500 (one bedroom apartments in more rural areas) to $1,500 (3 bedroom apartment in urban areas) per month. $500/. $1,500/wONT MONTH 1 BEDROOM Rural Areas 3 BEDROOM Urban Areas Electricity $60/MON Natural Gas $16/mON According to Statistic Brain, as of 2015, Americans are spending a per-month average of $60 for electricity, $16 for natural gas, $38 on dental care, $227 on hospitals, $36 on cell phone services, $34 on legal services, and $3 on postal services. MONTH Dental Care $38/MONT MONTH Hospitals $227/noNT Cell Phone $36/- MONTH Services MONTH Legal Services $34/. $3/moe MONTH Postal Services MONTH Average Vehicle Gas/Maintenance Cost If you're driving 15,000 miles a year - not uncommon for an $760/ American worker – in a midsize MONTH sedan, you'll spend more than $760 a month on average, or $9,150 a year, on gas, maintenance, tires, full-coverage insurance, license and registration costs, depreciation and finance charges. X 12 MONTHS $9,150/ YEAR AVERAGE HOURLY WAGES $8.81/ou $9.61/wom Fast Food Worker HOUR Part-time Retail Worker HOUR $9.61-$14.42/wn Full-time Retail Worker HOUR $16.40/ Office Worker HOUR Professional & Business Services $30/HOUR $140/mon Doctor HOUR SOURCES: BROUGHT TO YOU BY: *CASH

The Facts of US Spending and Cost of Living

shared by StarStarCash on Oct 01
Infographic on cost of living and spending in the US. If you have an annuity or structured settlement that simply isn’t enough to cover all your living expenses, you should strongly consider selling...


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