Today, doxoINSIGHTS released the United States of Bill Pay: Top 50 U.S. Metro Areas Household Spend Report 2021. The first of its kind, 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. metros.
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 metros 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 $3,151 in monthly expenses. This is 66.8% higher than the national average of $1,889.
The report also shows that smaller cities in the Northeast are the least expensive in doxo’s Top 50 rankings. Buffalo residents pay the least in average monthly expenses, at $1,603, which is 15.1% lower than the national average. Pittsburgh residents spent $1,689 per month on household bills, which is 10.6% less than the national average.
Is your hometown not included in the list of the U.S.’s 50 largest metros? Check doxoINSIGHTS’ regional bill comparison database to see infographics about more than 900 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: Top 50 U.S. Metro Areas Household Spend Report 2021 by viewing or downloading the pdf below, or see our blog post about the report’s key findings here: Which US Metros are Most Expensive for Household Bills?
Note: To fix a data entry error in the Mortgage category, the report has been updated on 9/15/21.