![]() Transportation is a bit costly here and will cost $900. ![]() With average housing costing $1,014, it is at the top in terms of expenditures like always. Here are the statistics on monthly expenses for a couple living a modest life in Chicago. Let’s talk about Chicago next, as it is the third-most populous city. So, the monthly cost would be $4,697 for a couple in Los Angeles. Transportation is relatively costly here compared with the other cities, and costs $960 per month. With average housing costing $1,284, it tops the list of expenditures. So, here are the statistics on monthly expenses for a couple living in Los Angeles to live a modest life. Los Angeles is the second-most populous city. So, the monthly total would be $5,188 for a couple in New York. Other necessities cost $861- this category includes items such as furniture and hobby supplies. Health care is an important necessity too, which costs $850. Transportation is relatively cheap here compared with the other cities, so it will only cost $477. The average housing cost is $1,558 and tops the list of expenditures. Let us take a look at the average monthly bills for a couple. Here are the statistics on average monthly expenses for a couple living a modest life in New York. New York is at the top when it comes to population. For a benchmark, we compare America’s 3 most populated cities. We have discussed the average annual and monthly spending on an individual level. Other miscellaneous spending can cost up to $2030 (3.3%). Its expenditure percentage is approximately 3.1%. Personal care products take up about $768, which would be 1.3% of income.Annual education costs $1,407 (about 2.3% of a yearly budget).Entertainment takes up 5.3% of annual spending – about $3,226.Money spent on food in restaurants annually is $3,459, and the percentage of spending is 5.6%.The grocery annual budget is $4,464, and the expenditure percentage per year is 7.3%.The health care annual budget is $4,968, and the percentage of spending is 8.1%. ![]() Insurances and pensions cost $7,296 per year, and they take up 11.9% of spending of the annual budget.The second most amount of money, $9,761 (15.9%), is spent on transportation. Housing for this group has an annual cost of around $20,091, and it can account for up to 32% of the annual budget. It’s no surprise that the most spent on item in the list again is housing.Now, let’s take a look at the average spending for an American annually in 2018: See If Our Program Is Right For You GET FREE QUOTE Average Annual Expenses for One Person Miscellaneous spending costs $169, with the percentage of spending being around 3.3%. ![]()
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