The Average US Household Budget In One Chart This chart, via Visual Capitalist’s Pallavi Rao, shows what the average U.S. household budget looks like by tracking where all income goes to, including expenditures, savings, and taxes. The data comes from The Motley Fool, with annual figures for 2023 converted to monthly spending. ℹ️ Not all spending happens every month (car maintenance for example). The annual cost is averaged over 12 months. Furthermore, households include families, single people living alone, or two or more people living together sharing the majority of their expenses. What Do Americans Spend Their Money On? Taken together, housing (25%), taxes (14%),… — Continue at ZeroHedge News : Read More
