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The latest statistics reveal the following about how most Americans spend their money:



From table 7-13 Consumer Expenditures – Handbook U.S. labor Statistics 2003 edition - Reference person age 45-54

Average Income before Taxes: $59,351

Average expenditures $49,111

Food at home: $3,718

Food away from home: $2,722

Alcoholic Beverages: $412

Housing: $14,662

**Household furnishings and equipment: $2,078

Apparel and Services: $2,391

Transportation: $9,090

Health care:$2,231

Entertainment: $2,378

Personal Care products and Services: $688

Reading: $203

Education: $1,083

Tobacco Products and Smoking Supplies: $403

Misc.: $1,130

Personal; Insurance and Pension: $6,631

Cash Contributions: $1,670



From table 7-12 Consumer Expenditures Handbook U.S. Labor statistics 2003 edition - Reference person age 35-44:


Average income: $55,026 before taxes taken out (gross)

Average annual expenditures: $46,786

Food at home: $3,666

Food away from home $2,777 (eating out)

Alcoholic Beverages: $458.00

Housing: $14,836

**Household furnishing included at $1,882

Apparel and services $2,394

Transportation: $8,671

Health care; $1,757

Entertainment: $2,564

Personal care products: $670.00

Reading Material: $165.00

Education: $602

Tobacco Products and smoking supplies $424

Misc.: $982

Personal Insurance and pensions: 5,780

Cash Contributions $1,040


Table 7-11 Consumer Expenditures - Handbook U.S. Labor statistics 2003 Edition - Reference person age 25-34


Average Income before taxes: $43,966

Average Annual expenditures: $40,001

Food at home: $3,020

Food away from home: $2,466

Alcoholic Beverages: $448

Housing $13,084

**Household furnishing $1,599

Apparel and services: $2,217

Transportation: $7,982

Health Care$1,265

Entertainment: $1,959

Personal Care Products and Services: $578

Reading Material: $126

Education: $544

Tobacco Products and Smoking Supplies: $309

Misc.: $834.00

Personal Insurance and Pensions: $4,423

Cash Contributions: $746

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