Median Spending : $2,783.11
Mean Spending : $4,055.00
Spending 25th - 75th Percentile Ranges : $1,788.67-$4,401.19
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
Explanation of Monthly Spending Categories
- 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.
This is where your Spending would rank if there were 100 households within the nation who's head of households were between the ages of 18 to 100. 69 households would be have higher spending than you. 30 households would have lower spending than your household.
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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.