Spending by Gender. That would total a monthly bill of $29.
In fact, CreditLoan.com suggests 5.1 percent for this category, which would increase your entertainment expenses to $3,660.83 per year or $305.07 per month. Learn: How to Invest Money. Those in regional areas spent an average of $1,947 per month. So, for example, if you know you take home $1900 each month, you should not spend more than $190 for the whole month on entertainment. For each one, they pay an average $8.53 per month. San Jose, Calif., topped U.S. cities in entertainment spending, with an average of $1,304 per … Depending on your income and how many family members you have, you may wish to slightly increase or decrease this percentage. How much does the average person spend on entertainment per year? In other words, the higher the household income, the greater the dollar amount spent on goods and services in general. If you have a high salary but modest living expenses, you may be able to spend $500 per month on entertainment. Income affects most household spending patterns.
The number might sound like a …
Let’s Get Real: What an Average Retirement Costs. Spending varied dramatically by location. U.S. consumers spend more than $1,300 per year, with more and more of that money funneling toward subscription services like Netflix and Spotify.
1 In 2008, during the last recession, entertainment spending had reached an average of $2,835 per year or 5.6 percent of total household expenditures. This means a total of $4,700 on average is spent on clothing and entertainment. This equals $299.09 per month. The average annual expenditures break down as follows: Housing – 33.9 percent, or $17,115
Entertainment has long been a household budget staple. Men … The average family spends $2,900 on entertainment per year.
Stretch Your Entertainment Budget
For each one, they pay an average $8.53 per month. And the average American subscriber watches 3.4 services.
Consumer Expenditure Survey (CE) data from 1934–1936 show that, even during the Great Depression, spending on entertainment accounted for 5.4 percent of the household budget. This means a total of $4,700 on average is spent on clothing and entertainment. How much does the average person spend on entertainment per year?
… This is 4.5% of the average consumer unit's income after taxes. On the other hand, if you have more debt than the average household, you may have to put your money toward that and won't have much left for entertainment. This is 4.5% of the average consumer unit's income after taxes.
In 2013, the average household spent $2,482 on entertainment, or 4.9 percent of total household spending. Northeast spending was $54,918, Midwest spending was $47,846, Southern spending was $46,823 and Western spending was $55,453.
Teens spend more than 7 hours on screens for entertainment a day: Report The amount of screen time does not include school work, according to the report. Entertainment has long been a household budget staple. For older households, expenses total about $3,800 a month, on average, which is only about $1,000 less than for younger Americans.
Entertainment: $3,203; Personal care products and services: $762; Reading: $110; Education: $1,491; Tobacco products and smoking supplies: $332; Miscellaneous: $1,010; Cash contributions: $1,873; Personal insurance and pensions: $6,771; If you were to add up all the spending, the total expenditure is $60,060. It's important to note that this is the average for all households. The average family spends $2,900 on entertainment per year. According to the United States Bureau of Labor Statics, the average annual expenditures during this period were $50,486. How much does the average man spend on clothing per year?
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