In the United States, the proportion of total disposable personal income that is spent on major categories is approximately as follows:
- Personal Savings 5%;
- Food 18%;
- Transportation 12%;
- Clothing, accessories, upkeep 9%;
- Medical Care 6%;
- Recreation 5%;
- Other Expenditures 18%;
- Housing Total 27% (Sum of Shelter through furnishings):
- Shelter 14%;
- Utilities 4%;
- Household Operation 4%, and
- House Furnishings and Equipment 5%.
The total should equal 100% of your income.
Although these percentages are typical, each individual family must decide how to best spend its income. The percentages should vary slightly for each family.