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Calculate approximately how much money an older (age 65-74) household with an annual income of $45,000 spends on housing each year. Use Exhibit 143; Money
Calculate approximately how much money an older (age 65-74) household with an annual income of $45,000 spends on housing each year. Use Exhibit 143; Money spent on housing AGE 65-74 AGE 75 & OLDER Pretax Annual Income Average $ Amount Percent $52,366 100 $48,855 100 Annual Expenditures Average $ Amount Percent $35,467 100 $36,673 100 $13,375 36.5 $ 4,349 11.9 $ 683 1.9 Housing 32.4 Food $15,838 $ 6,284 $ 1,417 12.0 Clothing 2.9 Transportation $ 8,338 13.9 17.1 12.2. $ 5,091 $ 5,708 Health Care $ 5,456 15.6 Entertainment $ 2,988 6.1 $ 1.626 4.4 Pensions and Social Security $ 2,788 5.7 $ 800 2.2 Other $ 6,074 11.6 $ 5,041 13.7
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