General World News

What the average American spends in a year in 22 major cities

grocery shopping

  • Americans spend the bulk of their money on housing, food, and transportation.
  • Because of differences in cost of living, how much people spend annually varies across cities.
  • The annual total expenditure on all goods and services for the average household ranges from $48,654 in Tampa to $83,790 in Seattle.
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Americans spend most of their money on three things: housing, food, and transportation.

That’s why one of the best strategies to save more money is to cut down spending one of the Big Three. Thankfully, it may be easier to do than you think.

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Source:: BusinessInsider.Com