doxo has launched their 2023 U.S. Invoice Pay Market Measurement & Class Breakout Report.

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(Lawrenceburg, Ind.) – How a lot do you pay every month on family payments?

In response to the 2023 U.S. Invoice Pay Market Measurement & Class Breakout Report, Individuals spend a complete of $3.87 trillion yearly on family payments. The report additionally discovered that the common American family spends roughly $2,046 a month, or $24,557 per yr on the ten most important home goods.

The commonest family payments embody mortgage, lease, auto mortgage, utilities, auto insurance coverage, cell phone, cable and web, medical health insurance, life insurance coverage, and alarm and safety.

The report exhibits that Indiana, Kentucky, and Ohio residents spend a lot much less per thirty days than a lot of the remainder of the nation.

• Kentucky (forty seventh) – $998 per thirty days
• Indiana (forty sixth) – $1,005 per thirty days
• Ohio (forty third) – $1,090 per thirty days

By comparability, Californians spend $2,402 on family spend per thirty days.

Along with the nation insights, doxo included spend data for one native metropolis, Lawrenceburg.

The common Lawrenceburg family pays $1,862 per thirty days, or $22,340 a yr for the ten most typical family payments. That’s up 5.5 p.c from final yr.

Nonetheless, bills in Lawrenceburg, on common, are 9.9 p.c decrease than the nationwide common.

The report exhibits that Lawrenceburg is the twenty eighth costliest metropolis in Indiana for family payments.

By county, Dearborn is the sixth costliest in Indiana. Ripley County ranks twenty fourth, adopted by Franklin County at thirty first. Ohio and Switzerland counties didn’t make the listing, which solely featured 82 of Indiana’s 92 counties.

The information, which doxo has for Lawrenceburg in addition to 4,000 cities throughout america, appears to be like at whole quantity spent on payments per thirty days, and in addition breaks down invoice funds into ten completely different classes, together with utilities, auto loans, cable payments, and extra. 

For extra nationwide stats, click on right here. Indiana family spend stats may be discovered right here.