5. Healthcare – $5,000
Healthcare fees and expenses
The average monthly expenses for American households total $6,081, according to the most recent Consumer Expenditure Survey from the U.S. Bureau of Labor Statistics (BLS). That spending covers everything from major costs such as mortgage payments and groceries to smaller purchases like apparel and entertainment spending. How Americans divvied up their spending between food, housing, and other major expenses remained mostly consistent from 2021 to 2022, with a slight increase in the percentage of the average budget going towards food and small decreases in spending on housing and entertainment.