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Common annual American family spending on transportation

News Team by News Team
March 14, 2025
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Common annual American family spending on transportation
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Fasten your seatbelts: The month-to-month value of transportation in America could shift your price range’s gears!

 

Reply: $13,174

That is 17% of whole spending!

Questions:

  • Does the quantity shock you? Clarify.
  • What prices are doubtless thought of transportation spending?
  • In case your transportation prices enhance, how would possibly that have an effect on the remainder of your price range?

Listed below are the ready-to-go slides for this Query of the Day you need to use in your classroom.

 

Behind the numbers (BLS):

“Common annual expenditures for all client items in 2023 had been $77,280, a 5.9-percent enhance from 2022…Total, housing accounted for the most important share of whole expenditures (32.9 p.c), adopted by transportation (17.0 p.c), meals (12.9 p.c), private insurance coverage and pensions (12.4 p.c), healthcare (8.0 p.c), and leisure (4.7 p.c).”

 

About
the Writer

Kathryn Dawson

Kathryn (she/her) is worked up to hitch the NGPF group after 9 years of expertise in schooling as a mentor, tutor, and particular schooling instructor. She is a graduate of Cornell College with a level in coverage evaluation and administration and has a grasp’s diploma in schooling from Brooklyn School. Kathryn is trying ahead to bringing her ardour for accessibility and academic justice into curriculum design at NGPF. Throughout her free time, Kathryn loves embarking on cooking initiatives, strolling round her Seattle neighborhood along with her canine, or lounging in a hammock with a e-book.


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