If you think your home is overflowing with monthly bills, you’re probably right. A new report from bill-pay service doxo found that the average U.S. household spends $25,513 a year, or 34% of their income, on the 10 most essential household bills.
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The 2024 U.S. Household Bill Pay Report, released on March 7, analyzed a proprietary dataset to determine the 10 most common bills and how much they cost. The total U.S. Bill Pay Economy comes to $4.46 trillion a year, according to doxo. Of that, $3.35 trillion — or 75% — is spent on the 10 most essential household bills.
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