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Get Monthly Family Budget

Monthly Family Budget Total Projected Cost Total Actual Cost $1,203Housing Mortgage or rent Second mortgage or rent Phone Electricity Gas Water and sewer Cable Waste removal Maintenance or repairs Supplies Other Total Transportation Vehicle.

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Set a Savings Goal. Sit down with your partner and decide how much you would like to save per month. ... Determine Your Income. Get out copies of each of your pay stubs. ... List Your Expenses. ... Calculate Leftover Amount. ... Adjust Variable Expenses. ... Plan Spending. ... Monitor Your Budget.

Bring both partners together. Create goals. Track income and expenses. Evaluate your current situation. Trim costs. Build savings. Get out of debt. Lower your taxes.

It depends on so many factors like the city you live in, the district, taxes, and so on; but, just to give you a figure, the average American household spends $5,102 monthly. This average American budget data is gathered from the U.S. Bureau of Labor Statistics (BLS) Consumer Expenditure Survey.

Summary of key findings. The average American household spends $5,102 every month. Housing is the largest single category, accounting for 33% of monthly expenses. Transportation was the second-most expensive category at 16%.

Try a simple budgeting plan We recommend the popular 50/30/20 budget. In it, you spend roughly 50% of your after-tax dollars on necessities, no more than 30% on wants, and at least 20% on savings and debt repayment.

America is one of the richest countries in the world, and we have huge household budgets to prove it. According to the latest data by the Bureau of Labor Statistics, the average household budget is $60,060 for 2017, a 4.8% increase from 2016 levels.

So how much does the average American spend per year? According to the latest statistics, the average yearly expenses of a US consumer in 2018 is $61,224. That averages to $5,102 per month. This represents a 1.9 percent growth from 2017, during which average consumer spending in the US was $60,060.

Here's how some of the averages break down for a family of five: The average rent for a two-bedroom apartment is $1,207. The average rent for a three-bedroom apartment is $1,529. The average monthly cost for a mortgaged home is $1,443, a number that includes the mortgage, property taxes and homeowner's insurance.

The Bureau of Labor Statistics estimated the average annual expenditures for a family at $60,060 in 2017. This amounts to around $5,005 per month.

The average American's monthly expenses: $5,102 That means the average American budget is $61,224 -- a 1.9% increase from 2017.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232