Are Houston households paying more or less in essential bills compared to the U.S. average?
March 13, 2024
This article originally appeared on cw39
The report found that, the average American household spends approximately $2,126 a month, or $25,513 per year on the ten most essential household bills, an increase of 4% year over year.
$3.35 trillion total spent across these 10 most common household bills across the U.S :
- $885B Mortgage
- $656B Rent
- $571B Auto Loan
- $451B Utilities
- $271B Auto Insurance
- $180B Mobile Phone
- $156B Cable & Internet
- $133B Health Insurance (consumer-direct portion)
- $34B Life Insurance
- $17B Alarm & Security
Graphic courtesy of doxoINSIGHTS Report
So how does that compare for Houstonians when it comes to average monthly payment for bills in Houston? You can directly compare your bills to the cost below to find out!