Keep in mind, these are not recommended budget percentages. The 10 major categories for household expenses and their share of the total expenses for average Americans are: And remember, these are averages, so they could vary a lot based on the size of your household and the cost of living in your part of the country. But where’s all that money going? Let’s take a look at the 10 major categories of household expenses. No surprises here, right? The more people you have living in your home, the more you spend. For married couples with no kids, monthly expenses are $7,111.For single folks, the average monthly expenses are $4,337.The average monthly expenses for a family of four range from $7,875 to $9,168 (depending on the ages of your kids).But that dream comes with a pretty hefty price tag. Mom, Dad, two kids, one dog, a house and a picket fence-the American Dream. What Are the Average Monthly Expenses by Household Size? Let’s dig into the numbers a little more and see how household size affects average monthly expenses. Don’t settle for normal, because normal is broke, and the average, normal American spends hundreds of dollars a month on credit card and car payments.

But when it comes to household expenses, below average is where you want to land. In school, in life and in business, being above average is great. 1īut if you’re budgeting and looking for ways to cut your expenses, don’t settle for average expenses. And they say the average monthly expenses for an American household add up to about $6,081. There are folks at the Bureau of Labor Statistics who keep track of what Americans spend on everything from cereal to housing. After all, if you have kids, you’re guaranteed to spend more on milk and cereal than Phil and Janice, the retired couple next door. News flash-everyone’s situation is different. As you look for ways to cut costs, you’re probably wondering, What are the average American’s monthly expenses? Is everyone spending this much on food?

Money’s tight for just about everybody right now (thanks, inflation).

Example budget for two person household