Think your monthly bills are high? See which Florida city is highest and how we rank in US
This article originally appeared on Florida Today
Bills. Love them or hate them, they’re a fact a life.
But how do household bills in Florida compare to other states?
A study by doxo found Florida ranks 17th out of the 50 states when it comes to monthly household expenses.
Who is doxo? According to its website, doxo “was founded on the simple idea that there should be an easy and more secure way for consumers to pay all of their bills through a single account, with any payment method, on any device.”
The company’s mission is to “simplify and reduce the anxiety of staying on top of bills, empowering consumers to improve their financial health.”
Think your monthly bills are high? See which Florida city is highest and how we rank in US
Bills. Love them or hate them, they’re a fact a life.
But how do household bills in Florida compare to other states?
A study by doxo found Florida ranks 17th out of the 50 states when it comes to monthly household expenses.
Who is doxo? According to its website, doxo “was founded on the simple idea that there should be an easy and more secure way for consumers to pay all of their bills through a single account, with any payment method, on any device.”
The company’s mission is to “simplify and reduce the anxiety of staying on top of bills, empowering consumers to improve their financial health.”
What household expenses were calculated in the study?
The 10 most common household bills used in doxo’s study included: mortgage; rent; auto loan; utilities (electric, gas, water and sewer, and waste and recycling); auto insurance; cable and internet; health insurance (consumer paid portion); mobile phone; alarm and security; and life insurance.
How much do Florida households spend on expenses?
The study found that, on average, Florida’s household expenses are $2,112 per month, making Florida bills $792 per year higher than the U.S. average.
That comes to $25,349 per year on bills.
Florida households spend 42% of their income on household costs, doxo said.
What’s the national average for household expenses?
The national average for household expenses was $2,046, according to doxo.
Think your monthly bills are high? See which Florida city is highest and how we rank in US
USA TODAY NETWORK – Florida
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Bills. Love them or hate them, they’re a fact a life.
But how do household bills in Florida compare to other states?
A study by doxo found Florida ranks 17th out of the 50 states when it comes to monthly household expenses.
Who is doxo? According to its website, doxo “was founded on the simple idea that there should be an easy and more secure way for consumers to pay all of their bills through a single account, with any payment method, on any device.”
The company’s mission is to “simplify and reduce the anxiety of staying on top of bills, empowering consumers to improve their financial health.”
What household expenses were calculated in the study?
The 10 most common household bills used in doxo’s study included: mortgage; rent; auto loan; utilities (electric, gas, water and sewer, and waste and recycling); auto insurance; cable and internet; health insurance (consumer paid portion); mobile phone; alarm and security; and life insurance.
How much do Florida households spend on expenses?
The study found that, on average, Florida’s household expenses are $2,112 per month, making Florida bills $792 per year higher than the U.S. average.
That comes to $25,349 per year on bills.
Florida households spend 42% of their income on household costs, doxo said.
What’s the national average for household expenses?
The national average for household expenses was $2,046, according to doxo.
Florida’s household expenses, on average, are 3.2% higher than the national average.
Average Florida spending on monthly bills compared to national average
Most bills in Florida hover around the national average, with Florida residents paying higher than the national average for these expenses, according to doxo:
Think your monthly bills are high? See which Florida city is highest and how we rank in US
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Bills. Love them or hate them, they’re a fact a life.
But how do household bills in Florida compare to other states?
A study by doxo found Florida ranks 17th out of the 50 states when it comes to monthly household expenses.
Who is doxo? According to its website, doxo “was founded on the simple idea that there should be an easy and more secure way for consumers to pay all of their bills through a single account, with any payment method, on any device.”
The company’s mission is to “simplify and reduce the anxiety of staying on top of bills, empowering consumers to improve their financial health.”
What household expenses were calculated in the study?
The 10 most common household bills used in doxo’s study included: mortgage; rent; auto loan; utilities (electric, gas, water and sewer, and waste and recycling); auto insurance; cable and internet; health insurance (consumer paid portion); mobile phone; alarm and security; and life insurance.
How much do Florida households spend on expenses?
The study found that, on average, Florida’s household expenses are $2,112 per month, making Florida bills $792 per year higher than the U.S. average.
That comes to $25,349 per year on bills.
Florida households spend 42% of their income on household costs, doxo said.
What’s the national average for household expenses?
The national average for household expenses was $2,046, according to doxo.
Florida’s household expenses, on average, are 3.2% higher than the national average.
Average Florida spending on monthly bills compared to national average
Most bills in Florida hover around the national average, with Florida residents paying higher than the national average for these expenses, according to doxo:
- Mortgage: $1,463, 11 percent higher than national average of $1,321
- Rent: $1,331, 12 percent higher than national average of $1,191
- Auto loan: $491, 5 percent higher than national average of $467
- Auto insurance: $238, 15 percent higher than national average of $207
- Life insurance: $105, 18 percent higher than national average of $89
Florida residents pay lower than the national average for these expenses:
- Utilities: $335, 5 percent lower than the national average of $351
- Cable and internet: $113, 4 percent lower than the national average of $118
- Health insurance: $110, 8 percent lower than the national average of $120
- Mobile phone: $107, 10 percent lower than the national average of $119
- Alarm and security: $77, 8 percent lower than the national average of $84