News » Rancho Cordova Residents Spend $2,604 Per Month

Rancho Cordova Residents Spend $2,604 Per Month

Grapevine Independent

This article originally appeared on Grapevine Independent

RANCHO CORDOVA, CA (MPG) – doxo recently released a report, “2024 Report: Cities in California where Household Expenses are Highest and Lowest.”

The report found that the average California household pays $3,010 a month for the 10 most common household bills, California’s household expenses, on average, are 41.6% higher than the national average of $2,126, California ranks Number 2 out of 50 states in terms of average monthly spending, and California households spend 36% of their income on household bills. Annually, California residents pay $521 billion in household bills.

doxo also has bill pay data for Rancho Cordova, including the average Rancho Cordova household pays $2,604 a month, or $31,248 a year for the 10 most common household bills compared to the state average of $3,010 and the national average of $2,126, Rancho Cordova is the 332th most expensive city in California for household expenses and the household expenses in Rancho Cordova, on average, are 22.5% higher than the national average of $2,126, and 13.5% lower than the state average of $3,010.

Rancho Cordova households spend 32% of their income on household bills.