Common annual American family spending on transportation
Fasten your seatbelts: The month-to-month price of transportation in America could shift your price range’s gears!
Reply: $13,174
That is 17% of complete spending!
Questions:
- Does the quantity shock you? Clarify.
- What prices are doubtless thought of transportation spending?
- In case your transportation prices improve, how would possibly that have an effect on the remainder of your price range?
Listed below are the ready-to-go slides for this Query of the Day you should utilize in your classroom.
Behind the numbers (BLS):
“Common annual expenditures for all shopper models in 2023 had been $77,280, a 5.9-percent improve from 2022…Total, housing accounted for the biggest share of complete expenditures (32.9 p.c), adopted by transportation (17.0 p.c), meals (12.9 p.c), private insurance coverage and pensions (12.4 p.c), healthcare (8.0 p.c), and leisure (4.7 p.c).”
About
the Creator
Kathryn Dawson
Kathryn (she/her) is happy to hitch the NGPF workforce after 9 years of expertise in training as a mentor, tutor, and particular training instructor. She is a graduate of Cornell College with a level in coverage evaluation and administration and has a grasp’s diploma in training from Brooklyn School. Kathryn is wanting ahead to bringing her ardour for accessibility and academic justice into curriculum design at NGPF. Throughout her free time, Kathryn loves embarking on cooking initiatives, strolling round her Seattle neighborhood along with her canine, or lounging in a hammock with a ebook.
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