WHAT WILL YOU SPEND?
1 minute read
Average monthly expenses for a household 65 and older.
US Average
After-Tax Income: $3,795
Expenses: $4,180
- Medical: $557
- Utilities: $308
- Food (home): $326
- Food (out of home): $213
- Housing: $775
- Clothing (and services): $100
- Transportation: $616
- Entertainment: $233
Northeast
After-Tax Income: $4,085
Expenses: $4,319
- Medical: $554
- Utilities: $321
- Food (home): $369
- Food (out of home): $234
- Housing: $990
- Clothing (and services): $130
- Transportation: $533
- Entertainment: $209
MIDWEST
After-Tax Income: $3,657
Expenses: $3,965
- Medical: $571
- Utilities: $295
- Food (home): $304
- Food (out of home): $193
- Housing: $703
- Clothing (and services): $94
- Transportation: $602
- Entertainment: $257
SOUTH
After-Tax Income: $3,468
Expenses: $3,832
- Medical: $528
- Utilities: $303
- Food (home): $304
- Food (out of home): $195
- Housing: $617
- Clothing (and services): $82
- Transportation: $639
- Entertainment: $205
WEST
After-Tax Income: $4,277
Expenses: $4,930
- Medical: $595
- Utilities: $317
- Food (home): $353
- Food (out of home): $249
- Housing: $940
- Clothing (and services): $113
- Transportation: $664
- Entertainment: $283
All numbers monthly. Based on consumer spending analysis by the US Bureau of Labor Statistics.