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Carmichael Times

Carmichael Residents Spend $2,430 Per Month

May 21, 2024 02:29PM ● By Doxo News Release

CARMICHAEL, CA (MPG) - Doxo recently released a report, “2024 Report: Cities in California where Household Expenses are Highest and Lowest.” The report found that in California, the average California household pays $3,010 a month for the 10 most common household bills, California’s household expenses, on average, are 41.6% higher than the national average of $2,126, California ranks Number 2 out of 50 states in terms of average monthly spending and California households spend 36% of their income on household bills. Annually, California residents pay $521 billion in household bills.

Doxo also has bill pay data for Carmichael, including the average Carmichael household pays $2,430 a month, or $29,165 a year, for the 10 most common household bills compared to the state average of $3,010 and the national average of $2,126, Carmichael is the 364th most expensive city in California for household expenses and the household expenses in Carmichael, on average, are 14.3% higher than the national average of $2,126, and 19.2% lower than the state average of $3,010.

Carmichael households spend 37% of their income on household bills.