This Is How Much Money People Your Age Spend Every Day, Data Shows

Paul Thompson
·3 min read

Whether you know it or not, you are spending money as you read this. You don't have to be physically handing over cash or swiping your credit card to lower the balance of your bank account. Everything from the lights in your home to the smartphone that's never not within reach is costing you money. Sure, you only pay most bills once a month and you probably grocery shop once or twice a week, but have you ever thought about how all the spending you do breaks down at the day-to-day level—and how much that amount vacillates as you get older? Well, we've got the answer for you, thanks to data from the Bureau of Labor Statistics on annual expenditures in the U.S., which GOBankingRates narrowed down to the average daily amount of money people spend in 15 categories—groceries, gas, utilities, alcohol, and more—and then organized the figures by age group. So, whether you're a Gen Zer or a retiree, read on to discover how much money people your age spend every day. And for more on cost of living, This Is the Most Expensive State in America, According to Data.

Read the original article on Best Life.

1

Under 25 years old

Groceries: $6.57

Housing: $20.69

Utilities: $5.08

Health insurance: $2.76

Charitable donations: $0.82

Education: $6.39

Gas: $3.88

Car insurance: $1.38

Dining out: $6.47

Alcohol: $0.87

Entertainment: $4.08

Cell phone service: $1.99

Clothing: $3.60

Pets: $0.65

Daily Total: $92.13

And if you want to know how much cash people your age have in comparison to your bank balance, This Is How Much Money People Your Age Have on Average, Data Shows.

2

25-34 years old

Groceries: $10.89

Housing: $34.78

Utilities: $8.89

Health insurance: $6.19

Charitable donations: $2.60

Education: $3.38

Gas: $5.52

Car insurance: $2.36

Dining out: $9.36

Alcohol: $1.57

Entertainment: $7.24

Cell phone service: $3.12

Clothing: $5.59

Pets: $1.24

Daily Total: $208.77

3

35-44 years old

Groceries: $14.05

Housing: $39.16

Utilities: $11.58

Health insurance: $8.23

Charitable donations: $4.33

Education: $2.75

Gas: $6.68

Car insurance: $2.62

Dining out: $11.64

Alcohol: $1.71

Entertainment: $10.96

Cell phone service: $3.94

Clothing: $6.51

Pets: $2.34

Daily Total: $189.13

4

45-54 years old

Groceries: $14.01

Housing: $39.04

Utilities: $12.59

Health insurance: $9.39

Charitable donations: $6.08

Education: $8.80

Gas: $6.77

Car insurance: $3.18

Dining out: $11.39

Alcohol: $1.73

Entertainment: $11.13

Cell phone service: $4.09

Clothing: $6.32

Pets: $2.69

Daily Total: $202.48

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5

55-64 years old

Groceries: $12.78

Housing: $31.82

Utilities: $11.60

Health insurance: $10.45

Charitable donations: $6.46

Education: $4.50

Gas: $5.72

Car insurance: $2.70

Dining out: $8.85

Alcohol: $1.70

Entertainment: $9.44

Cell phone service: $3.18

Clothing: $4.71

Pets: $2.48

Daily Total: $178.01

6

65 years old and over

Groceries: $10.45

Housing: $25.40

Utilities: $9.79

Health insurance: $12.91

Charitable donations: $6.66

Education: $1.06

Gas: $3.53

Car insurance: $2.75

Dining out: $6.88

Alcohol: $1.26

Entertainment: $7.22

Cell phone service: $1.84

Clothing: $3.27

Pets: $1.50

Daily Total: $135.73

And if you are wondering how your wages compare with those of your peers, This Is How Much Money People Your Age Make on Average, Data Shows.