Today, doxoINSIGHTS released the United States of Bill Pay: 50 Largest U.S. Cities Household Spend Report 2021. The report takes a city-specific look at the $4.4 trillion U.S. consumer bill pay market. It breaks down expenses in the most common household bill categories in the 50 largest U.S. cities based on number of households.
At 60 pages long, the report provides a detailed look into average spending in 10 key household bill categories: 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.
San Jose monthly household spend on bills is the highest
doxo’s report reveals the most and least expensive largest U.S. cities for Americans to live based on household bill payments. For example, residents of San Jose, California, pay the highest monthly bills out of these 50 cities, paying an average of $3,248 in monthly expenses. This is 62.2% higher than the national average of $2,003.
The report also shows that cities in the Midwest are the least expensive in doxo’s Top 50 rankings. Detroit residents pay the least in average monthly expenses, at $1,634 which is 18.4 % lower than the national average.
Is your hometown not included in the list of the U.S.’s 50 largest cities? Check doxoINSIGHTS’ regional bill comparison database to see infographics about more than 4000 cities and towns in the country (cities demarcated by the US Census Bureau’s Core Based Statistical Areas).
Read the full United States of Bill Pay: 50 Largest U.S. Cities Household Spend Report 2022 by viewing or downloading the pdf below, or see our blog post about the report’s key findings here: Which Largest US Cities are Most Expensive for Household Bills in 2022?