Those in the Northern Ireland spend the most on clothing and footwear, £6 more than the national average of £24. That’s £7 more than the UK average and £14 more than people in Yorkshire. ‘Recreation and culture’ – which includes money spent on TVs, computers, books, pets and leisure activities - is below the average of £73.86 in Scotland, Northern Ireland, the North, West Midlands and London, whilst the Welsh and West Midlanders spend the least on eating and drinking out and hotels.įamilies in the South East and London spend the most on a food shop at £69 a week. Family Budget Calculator OTHER NECESSITIES Other necessities include apparel, personal care, household supplies (which include items ranging from furnishings. Bureau of Labor Statistics (BLS) latest Consumer Expenditures Survey shows that Americans’ average pre-tax income increased by 1.8 YoY. And while the metric declined year-over-year (YoY), Americans’ average pre-tax household income increased to 84,352. People actually spend more on getting from A to B (£81.50) than renting and heating their home per week (£75.72). View All Studies The results are in, and Americans’ average annual household expenditures totaled 61,334 in 2020. If wishes were horses, we could all achieve what we wanted financially, but this is not possible, and that’s why prioritizing is key. These include fixed expenses that are predictable and regular such as rent. Once you get the reasons behind your move to live by a budget, break them down into goals and prioritize them. Keep track of your monthly spending and savings with this pink-themed budget template. Northern Ireland has the lowest average weekly spend at £486.40, with the North East not too far behind at £499.40. Household expenses are expenditures at the level of a family. Those in the South East aren't far behind, spending an average total of £698.60 a week.īut there's a £216.70 weekly difference between the most expensive and least. If your monthly take-home pay is 3,200, here’s how you’d divide that among your expenses: 1,600 for needs like basic groceries, housing and transportation. Spending: How do you stack up Income and savings Housing Transportation Health care Child care Other things we spend on each month, on average Up Next. Londoners spend the most overall, with average weekly outgoings of £703.10.
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