20,000
Rent/ morgage electric water phone car payment gas garbage internet
I am a mother of 2. there are 4 in my family and my average monthly expenses is usaully around 5293.09. I have also looked to see what i would have left if i was a single mother and every month since all together i get 5852.70 i would have 559.71 left. I have a 6 year old and a 4 month old.
Rent shouldn't be than one quarter of your income.
The average monthly salary in Australia is $3,500 per month. This is largely on par with most first world countries.
55 to 85 dollars
236$
About £15, the monthly wages of the average household in 1950.
Monthly expenses are the monthly average of what you spend: thus, if you live in northern Michihan, they're higher in the winter because of heating costs (or in Florida, airconditioning in the summer), they're higher in December due to Christmas shopping, etc.
$50-$180
If your gross income is $200,000 per year, and you pay 33% in taxes, etc., that would leave a net income of $134,000 per year, or roughly $11,170 per month. Add up the last twelve months of utilities, mortgage, insurance, etc., then divide by twelve, since there are twelve months in a year, and this will give you the monthly average for your expenses. For example if the average of your monthly expenses is: * Mortgage $2,000 * Utilities $500 * Insurance $500 * Food $800 * Medical $200 * Car payments $400 * Clothing $500 * Miscellaneous $100 That would be a total of $5,000 in expenses per month, leaving an excess of $6,170 each month. Divide the total average monthly expenses by your net monthly income, which will give you approximately 45%. You then subtract .45 from 1.0 (or 45 from 100), which will give you .55 or 55%, which is the percentage of your net income used on your household budget. If you want the average based on your gross income of $200,000, then you do it the same way, by dividing the total average monthly expenses by your total monthly gross income.
expenses change