Spending Summary Statistics for Households Aged 18 to 100
Expenses Percentile Rank : Monthly expenses of $2,000 for ages 18 to 100 ranks at 30.89%Median Spending : $2,783
Mean Spending : $4,055
Spending 25th - 75th Percentile Ranges : $1,789-$4,401
These results are based off of 25675 household samples with your matching parameters and are weighted. The results especially for the spending by category may look odd if there are less than 100 samples.
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Monthly Spending Comparison by Percentile
100
- Housing :
- Mortages, Rent, Property Tax, Maintenance of Home.
- Food :
- Groceries, Restaurants, Fast Food, Alcohol.
- Transportation :
- Cars, Car Maintenance, Gas/Fuel, Car Insurance, Public Transit, Car Loans.
- Health :
- Healthcare, Health Insurance, Medical Services, Medical Supplies, Prescription Drugs.
- Utilities :
- Natural Gas, Electricity, Telephone, Water/Sewage.
- Entertainment :
- Fees and Admissions, Televisions, Other Entertainment Equipment and Services.
- Other :
- Other expenses.
Savings such as Social Security payments, cash savings, retirement and 401ks are not included. Income and Payroll taxes are also not included.
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The numbers are based off of the results of the 2013 Consumer Expenditure Survey by the Bureau of Labor Statistics. If you want to do your own analysis check out the raw data here: http://www.bls.gov/cex/home.htm. The number of samples per age vary quite a bit, so you might get unusual results for certain combinations of ages, incomes, and family sizes. The numbers also will not fully match the CEX official documentations due to the way that I calculated the components of each expense amount for each expense percentile. The numbers for the 50th percentile actually are a blend of all the samples between the 45th percentile and 55th percentiles to smooth out individual differences in household spending.