doxo’s latest research, the United States of Bill Pay: 50 Largest U.S. Cities Household Spend Report 2023, breaks down comparative household bill costs across the 50 largest cities in the country. Additionally, the report compares household bill pay behavior across 50 Largest U.S. cities (the 50 cities with the largest number of households, by Census numbers).
At 60 pages long, with a detailed infographic for all 50 cities on the list, the report provides a detailed look into average spending in 10 key household bill categories, specifically in Mortgage; Rent; Auto Loan; Utilities (electric, gas, water & sewer, and waste & recycling); Auto Insurance; Cable & Internet & Phone, Health Insurance (consumer paid portion); Mobile Phone; Alarm & Security; and Life Insurance. Also, the report breaks down average spending statistics across the country. For instance, the average annual cost per U.S. household on bill expenses is $24,557.
The report also contains rankings of the 50 largest cities (based on # of households) in order of how expensive they are. The rankings also provide insight into relative cost of living based on the area, or the “percent of household income” that residents spend on bills. The rankings also indicate how much more or less expensive the average city is than the national average.
Full Report: 50 Largest U.S. Cities Household Spend for 2023
If you have any questions or would like to sign up for updates to doxoINSIGHTS’ research, email liz.powell@doxo.com