While the Average American Spends $2,126 per Month on Household Bills, San Jose, CA is the Most Expensive City at $3,695 per Month, and Detroit, MI is the Most Affordable at $1,640 per Month.
Frustrated by the persistent inflation experienced over the past few years, Americans across the nation are awaiting the economic change they voted for in the 2024 Presidential election. Now more than ever, it’s essential for consumers to have insight into the average cost of living across the top U.S. cities. This information not only aids in making informed decisions about relocating, but also sheds light on how much Americans are spending on the top 10 most common household bills.
“With the unparalleled transparency we offer through doxoINSIGHTS, consumers, businesses, and financial institutions have access to the most comprehensive data on real household spending for everyday bills,” said Liz Powell, Senior Director of INSIGHTS at doxo. “With a clear perspective into how much Americans are spending on household bills depending on where they live, and the ability to compare to other cities across the nation, consumers have the insights needed to strengthen their financial well-being. At the same time, this data empowers billers and financial institutions to better understand and meet consumer needs as the economy remains center stage.”
