How much does the average person spend on car maintenance?
Moreover, how much money do you spend on car maintenance?
According to CAA, maintenance costs can run you between $500 and $700 per year. Broken down, you may want to put away anywhere from around $42 to $58 per month. Of course, the more you have set aside, the more prepared you'll be. But don't forget that vehicle maintenance costs do vary.
Beside above, how much does a normal car service cost? Car Servicing Costs by Car Manufacturer Based on the car you purchase and the years of ownership, the annual service cost can range from $280 and $720.
Correspondingly, how much does the average person spend on car maintenance per month?
On average $1, 200 per year per vehicle, is a great place to start. This means $100 per month for each vehicle. Remember that these numbers are averages, so… While there will always be exceptions to the rule, this amount should cover “typical” maintenance expenses.
How much should I spend on food each month?
Average American consumption That makes your food budget 11% of your overall income. If you use this method, budget 6% for groceries each month and 5% for dining out. If your take-home income is $3,000 a month, you will budget around $180 for groceries and $150 for dining out.