Cost of Living: Difference between revisions

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*$5000/year - [http://answers.yahoo.com/question/index?qid=20080718111451AAiXW1u]
*$5000/year - [http://answers.yahoo.com/question/index?qid=20080718111451AAiXW1u]


=Aaverage housing expenditures=
=Average housing expenditures=
*$6844/person/year - includes utilities and furnishings - [ftp://ftp.bls.gov/pub/special.requests/ce/standard/2008/age.txt]
*$6844/person/year - includes utilities and furnishings - [ftp://ftp.bls.gov/pub/special.requests/ce/standard/2008/age.txt]
**$541 of this is electricity, and 451 is phone
**$541 of this is electricity, and 451 is phone
**$1500 of this is mortgage payments, or about 1/4 of all housing costs


=The average transportation expenditures=
=The average transportation expenditures=

Revision as of 01:14, 8 November 2009

The average cost of living for an American

  • $20,194 per person per year - [1]

Average food expenditures for an American

  • Bureau of Labor Statistics - $2577/person/year - [2]
    • Almost half of this is eating out
  • $4800/year according to [3]
  • $2700/year according to [4]
  • $5000/year - [5]

Average housing expenditures

  • $6844/person/year - includes utilities and furnishings - [6]
    • $541 of this is electricity, and 451 is phone
    • $1500 of this is mortgage payments, or about 1/4 of all housing costs

The average transportation expenditures

  • $3442 per person per year - BLS - [7]
    • Of this, $1086 is for fuel and oil, and $205 is public transportation

Other highest costs

From [8]:

  • Pensions,personal insurance, social security- $2242/person/year
  • Healthcare - $1190/person/year
  • Entertainment - $1134

Average Debt

The above statistics don't tell much about debt levels.

$8500 is the average debt per person in America in 2008 - [9]