Household Expense Measure

A Household Expense Measure is an expense measure for a household.

• Context:
  • It can (typically) include: amount paid for lodging, food consumed within the home, utilities paid, ...
  • …
• Counter-Example(s):
  • a Household Income.
  • a Household Wealth.
  • a Personal Expense.
  • an Organizational Expense.
• See: Cost-of-Living, Poverty-Level Household, Basic Income Household, Basic Need, Discretionary Spending.

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References

2014

• http://www.publicopiniononline.com/local/ci_26264965/making-ends-meet-franklin-countys-low-wage-workers
  • QUOTE: She spends about $8,280 on rent per year, $5,400 on food, followed up by $3,600 in utility bills. The rest is split between car costs, communication, entertainment and health costs. …

    … "My father grew up in the Great Depression," she said. “I learned from him how to be frugal. He taught me how to use coupons at a young age."

2013

• http://www.investopedia.com/terms/h/householdexpenses.asp
  • QUOTE: A per person breakdown of general living expenses. It includes the amount paid for lodging, food consumed within the home, utilities paid and other expenses. The sum of all the expenses is then divided by the number of family members residing in the house in order to find each member's part of the total expense.

• http://www.economicsonline.co.uk/Managing_the_economy/Household_spending.html
  • QUOTE: Household spending is the most important part of aggregate demand. It can be broken down into a number of categories, covering major spending items like food, electricity, holidays, and clothing.
    The total amount spent per week on goods and services by UK households in 2008 was just over £500 billion, or £9.6 billion per week. Spending on transport, recreation and culture, and housing, fuel and power, accounted for nearly half of all household spending.
    The average amount spent per week on different goods and services by UK households in 2010 can be seen in the following chart:

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