Average amount spent on car insurance monthly?
The insurance information institute has average costs for car insurance by state (see link). However this is generalized so as to only be good in comparing states. If you can add a few criteria like years driving, liability/full coverage, and city/rural, you can get much better estimates on what you should be paying (see link for auto insurance estimator).
There are several websites that state the current yearly average (the national average or the average of each state, depending on the site). I did quite a bit a research on it because I am working on a finance project in school in which I must create a budget, and that budget includes auto insurance payments. I came to the conclusion that usually (but not always!) car insurance is about $60 to $80 a month per vehicle. However, that range can vary due to each individual case.
A family spends 9 percent of it income on entertainment how much do they spend if their monthly income is 5000?
Since '1700' would be 100%, we can simply calculate the percentage she spent by dividing what she spent with her monthly income. 125 / 1700 = 0.0735 Now we multiply this number by 100 to get the total percentage she spent. 0.0735 x 100 = 7.35% So, no, she did not spend 8% of her monthly income, she only spent 7.35% Another way you can do this is by calculating how much 1% of her…
Marjorie drives 17.3 miles each way to work at an average of 0.20 per mile She pays 3.25 each day to park and works an average of 22 days per month If she joins a car pool with two other workers?
17.3 X 2 = 34.6 the miles for one day 34.6 X .20 = $6.92 the total amount spent for miles traveled per day 6.92 X 22 = $152.24 the total spent for miles traveled for the month 3.25 X 22 = $71.50 the total spent for monthly parking. 152.24 + 71.50 = $223.74 the total monthly cost for one person to travel alone. 223.74/3 = $74.58 the individual average cost
The first thing that you should do is keep track of the actual amount that is spent on groceries for a few weeks. When you have that amount you can average the figures together and divide by the number of weeks that you tracked. This will give you the average amount that you spend each week. The average amount is usually a good idea for the estimated grocery cost.
Depends on income level and amount of insurance premium. Which depends on various factors such as the age of the applicant, sex, job role, smoker status and past medical history and the amount of liquid assets the individual holds. If you are looking for an answer based on statistics then an insurer could probably give the answer. In terms of the amount spent on insurance by income level then you really have to think about…