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Common annual American family spending on transportation

whysavetoday by whysavetoday
March 13, 2025
in financial News
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Common annual American family spending on transportation
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Fasten your seatbelts: The month-to-month value of transportation in America might shift your funds’s gears!

 

Reply: $13,174

That is 17% of complete spending!

Questions:

  • Does the quantity shock you? Clarify.
  • What prices are seemingly thought of transportation spending?
  • In case your transportation prices enhance, how may that have an effect on the remainder of your funds?

Listed below are the ready-to-go slides for this Query of the Day that you should use in your classroom.

 

Behind the numbers (BLS):

“Common annual expenditures for all client models in 2023 have been $77,280, a 5.9-percent enhance from 2022…Total, housing accounted for the most important share of complete expenditures (32.9 %), adopted by transportation (17.0 %), meals (12.9 %), private insurance coverage and pensions (12.4 %), healthcare (8.0 %), and leisure (4.7 %).”

 

About
the Creator

Kathryn Dawson

Kathryn (she/her) is happy to affix the NGPF workforce after 9 years of expertise in training as a mentor, tutor, and particular training instructor. She is a graduate of Cornell College with a level in coverage evaluation and administration and has a grasp’s diploma in training from Brooklyn Faculty. Kathryn is trying ahead to bringing her ardour for accessibility and academic justice into curriculum design at NGPF. Throughout her free time, Kathryn loves embarking on cooking initiatives, strolling round her Seattle neighborhood along with her canine, or lounging in a hammock with a e-book.


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Tags: AmericanAnnualAverageHouseholdSpendingTransportation
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