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The average household's cost for clothing per month is about $120 (that’s $1,434 per year). That number includes clothing products, and services like tailoring. We spend an additional $54 per month for personal products like cosmetics and shaving cream, and services like haircuts and manicures.
Spending $161 per month on clothing and services is average for adults. Middle-age adults spend about $50 more per month. They also make more money, so they have more to spend. Just how much should you budget? Where do you fit in? Read our report to learn the surprising statistics of clothing expenditures throughout the U.S. Spending on Clothing.
The survey reveals average spending by category and breaks this down for individuals and households of all sizes, so you can compare your expenses to the average American’s. Average Monthly...
The average American spends $161 per month on clothes. Typical American consumers allocate 2.6% of their annual budget to shopping for new clothes. Americans between 25 and 34 years old spend the most on clothing per month ($123), while those aged between 65 and 74 years spend only $68 on average.
1. Housing or Rent. Housing and rental costs will vary significantly depending on where you live. For example, the median home value in 2023 is $491,161 in New Jersey, but $212,325 in Ohio. Cost-of-living calculators can help you adjust your budget estimates based on your location.
According to the research, women and girls spend an average of $545 per year on clothing, while men and boys spend just $326. Footwear costs the average household $314, while clothes for...
The average monthly expenses for American households total $6,440, according to the most recent Consumer Expenditure Survey from the U.S. Bureau of Labor Statistics (BLS).
The average person spends around $161 per month on clothes – women spend nearly 76% more than men do on clothing in a year. The average family of four spends around $1800 per year on clothes, with $388 of this on shoes; From Prisoners of Class: Women spend (on average) between $150-$400 per month on clothing.
Advertiser disclosure. Average Monthly Expenses by Category. The latest data show average monthly expenses of $6,440 for consumers. Try the 50/30/20 model for your own spending.
Average annual expenditures for all consumer units in 2023 were $77,280, a 5.9-percent increase from 2022, the U.S. . Bureau of Labor Statistics (BLS) reported today. (See table A.) During the same period, the Consumer Price Index for . All Urban Consumers (CPI-U) rose 4.1 percent, and average income before taxes increased 8.3 percent.