Utahns spend less on household expenses than most Americans, study says
This article originally appeared on The Salt Lake Tribune
Utah residents spends $61 less per month on household expenses than the national average, according to doxo.
The web and mobile bill-pay service analyzed what Americans are paying in the 25 largest metro areas — and it included Provo and Orem as part of Salt Lake City. According to doxo’s analysis, the average American household pay $984 a month for the nine “most common” bills (excluding rent or mortgage payments); the average Salt Lake household pays $923.
That’s 17% of the average monthly household income for locals — $5,537. And that puts Utah tied for 19th on the list, with Miami the most expensive and Charlotte, N.C., the least expensive.
Here is doxo’s ranking:
1. Miami • $1,157
2. New York • $1,126
3. (tie) Los Angeles • $1,096
3. (tie) San Francisco • $1,096
5. Washington, D.C. • $1,070
6. Philadelphia • $1,062
7. (tie) Detroit • $1,061
7. (tie) Pittsburgh • $1,061
9. Houston • $1,037
10. Boston • $1,036
11. Denver • $1,015
12. Dallas • $991
13. Portland • $989
14. Chicago • $976
15. Seattle • $958
16. Orlando • $949
17. Sacramento • $941
18. Columbus, Ohio • $940
19. (tie) Minneapolis • $923
19. (tie) Salt Lake City • $923
21. Cleveland • $921
22. Kansas City • $911
23. St. Louis • $899
24. Atlanta • $876
25. Charlotte, N.C. • $869
(According to doxo, it analyzed “aggregate payment statistics to more than 45,000 billers across 45 different service categories from over 2.5 million users … for key household bills.”)
Broken down into the nine categories doxo analyzed, Salt Lake residents paid more than the national average in three categories and less in six categories:
- Alarm and security • $89 ($7 more than the national average)
- Auto insurance • $183 ($55 less)
- Auto loans • $414 ($38 more)
- Cable, internet and phone • $108 ($10 less)
- Mobile phone • $128 ($30 more)
- Health insurance • $107 ($29 less)
- Dental insurance • $20 ($15 less)
- Life insurance • $106 ($18 less)
- Utilities • $207 ($30 less)