How Does Your Spending Stack Up Against Your Neighbors?

I lost a good couple of hours of my life this week to a website that a friend directed me to called Bundle.com. This site lets you look at the aggregated monthly spending habits of people in any city, county, or state in the U.S. You can further break it down by age groups, family types (kids, no kids, single, married, etc.) and income brackets. It’s pretty interesting stuff and as I wandered my way through all of the information, I found that a few hours had disappeared.

In my county and demographic bracket, the average total monthly spending is $5,565, broken down as follows:

  • Shopping: $1,637
  • Travel/Leisure: $386
  • Food/Drink: $1,095
  • Health/Family: $926
  • House/Home: $762
  • Getting Arou

...

[Continue Reading at SavingAdvice.com]

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5 Responses to How Does Your Spending Stack Up Against Your Neighbors?

  1. Jaidev says:

    Jennifer,

    Thanks for visiting bundle.com and thanks for digging into the data. We too found it interesting that the average spend is quite high when compared to average income. We are actually contemplating using median data (50th percentile) as this more closely represents the typical persons spending. You can find this when you hit “get stats” on the site. Interesting enough your point still holds as you will see that the top 10% of spenders spend way beyond their means!

    Please do email me and give me your thoughts as to whether you think the median will be more helpful than the average.

    Jaidev

  2. rob62521 says:

    That is incredibly cool!

  3. Gail says:

    I don’t really care how my neighbors spend their money. I’ve never had any interest in keeping up with the Jones and I know my lifestyle is different than most people’s so my spending habits will be different as well.

  4. Chris says:

    I don’t look at what I spend per month except when I am doing my taxes. Then I look at my utility expenses and gas and oil. I don’t worry too much about it. I just try and save when ever I can!

  5. Kandi says:

    I dont see the same information you were looking at. Of course it is almost 3 years after original post. I just see ratings for local places and some of them I have never heard of and I know some major spenders.

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