Advertiser Disclosure

advertising disclaimer
Skip to main content
man on floor with bills

Examining Household Expenses: How to Conquer Your Household Budget

The typical American spends $5,102 on household expenses per month.

[Updated: Feb 04, 2021 ] Apr 07, 2020 by Tara Mastroeni
Get our 43-Page Guide to Real Estate Investing Today!

Real estate has long been the go-to investment for those looking to build long-term wealth for generations. Let us help you navigate this asset class by signing up for our comprehensive real estate investing guide.

*By submitting your email you consent to us keeping you informed about updates to our website and about other products and services that we think might interest you. You can unsubscribe at any time. Please read our Privacy Statement and Terms & Conditions.

Average American Household Expenditure Per Month
Average American Household Income Per Month: $6,553
Housing (mortgage payment, rent, utilities) $1,674
Transportation (public transportation or car) $813
Insurances (health, dental, life, etc.) $608
Health care $414
Groceries $372
Restaurants $288
Entertainment $269
Miscellaneous expenses $169
Cash contributions (charitable giving) $157
Apparel and services $155
Education $117
Personal care $64
Average American Household Monthly Expenditure: $5,102

Data source: U.S. Bureau of Labor Statistics. Note: Figures are rounded to the nearest dollar.