See how you stack up against the average US household on expenses and if you’re on track with your spending
From Yahoo Finance: 2025-03-29 10:30:00
The average American household spent $77,280 in 2023. Monthly expenditures vary by demographics – singles spent $4,641, married couples with no children spent $7,390, and a four-person household spent $8,450 to $9,817. Urban households spent more than rural ones, except for transportation costs.
Housing is a significant expense, with the average American spending $2,120 on it in 2023. If you’re paying more than that in rent, research average rents in your area. Negotiate with your landlord or consider moving to a more affordable place. Managing debt and saving for emergencies are crucial for financial health.