Green estimated that food makes up just 5% to 7% of household spending, but put housing at 35% to 45%, childcare at 20% to 40%, and health care at 15% to 25%.
Yeah that tracks. For my family we spend about $500/month on groceries, around 35% of our income on housing (call it about $1600/mo including utilities), and until our vehicle was paid off around 25% of our income went to that.
We got lucky in that we had a family member willing to babysit for us while I went back to college then when they started getting too toxic I snagged a job making just enough for my wife to be a stay at home mom. We absolutely could not have afforded kids if it weren’t for either of those factors didn’t work out. We’d probably still have my wife and I working opposing shifts and both being just sleep deprived enough to be biting each other’s heads off and possibly divorced by now (we had the opposing shifts thing going when we got married, and when she had a week off for her wedding, we both started getting good sleep again and stopped fighting and I had a second honeymoon phase as I was like “oh yeah I remember why I fell in love with you again!”)
Yeah that tracks. For my family we spend about $500/month on groceries, around 35% of our income on housing (call it about $1600/mo including utilities), and until our vehicle was paid off around 25% of our income went to that.
We got lucky in that we had a family member willing to babysit for us while I went back to college then when they started getting too toxic I snagged a job making just enough for my wife to be a stay at home mom. We absolutely could not have afforded kids if it weren’t for either of those factors didn’t work out. We’d probably still have my wife and I working opposing shifts and both being just sleep deprived enough to be biting each other’s heads off and possibly divorced by now (we had the opposing shifts thing going when we got married, and when she had a week off for her wedding, we both started getting good sleep again and stopped fighting and I had a second honeymoon phase as I was like “oh yeah I remember why I fell in love with you again!”)