Where Does Your Money Go? Consumer Spending Chart.

With all the talk of federal budgets and debt ceilings, now is a good time to turn our focus to the consumer.

Poverty rates and median income remained unchanged in 2012, despite the recovery.  So, how does the average US household spend their paycheck?  This chart breaks it down.

 

130917 Where Does the Money Go

 via Where Does the Money Go?

As you can see, on average, housing, transportation, and food are the biggest costs.

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