Living in one of the more prominent U.S. cities, it’s no surprise that Santa Monicans pay more on expenses than an average U.S. citizen. A new report shows just how much local residents pay on monthly bills and how much of their household income is sacrificed compared with those in other U.S. residents.
In a recent report by Doxo Insights, which compared the percentage spent of household income on bills by residents in all 50 states, Californianans spend an average of 40% of their income on household bills with those in Santa Monica paying the same average. That’s compared with the U.S. average of 35%.
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