over 75% of the circle
Paula created a monthly budget. A pie graph shows a clear picture of where her money is spent. How much of the circle would be shaded for the total of housing, utilities, food, and insurance?
When you are looking for low-income housing, don't forget to ask about the cost of utilities and whether or not they are included in the monthly rent amount. Some landlords include the cost of utilities such as electric and heat in the monthly rent bill, while others require that you pay your own utility bills in addition to the cost of rent.
over 75% of the circle.
over 75% of the circle.
As of 2007 (according to the American Housing Survey), the median monthly housing cost was $755 (including rent, utilities, garbage/trash collection). $755 represented 33% of income for those renting in 2007.
To determine the percentage of the monthly budget that the Reed family spends on utilities, you'll need to divide the total amount spent on utilities by the total monthly budget and then multiply by 100. For example, if the family spends $200 on utilities and their total budget is $2,000, the calculation would be (200 / 2000) * 100, which equals 10%. Thus, 10% of their monthly budget is spent on utilities.
306
$68.00
A monthly Insurance Policy is a type of insurance policy that expires Every Month, there is no grace period.
My monthly money expenses include rent, utilities, groceries, transportation, and other necessary bills.
To determine the percentage of the Reed family's expenses spent on utilities, you need to divide the total amount spent on utilities by the total monthly expenses and then multiply by 100. For example, if their total expenses are $3,000 and they spend $300 on utilities, the calculation would be ($300 ÷ $3,000) × 100 = 10%. Thus, 10% of their expenses are spent on utilities.
If your gross income is $200,000 per year, and you pay 33% in taxes, etc., that would leave a net income of $134,000 per year, or roughly $11,170 per month. Add up the last twelve months of utilities, mortgage, insurance, etc., then divide by twelve, since there are twelve months in a year, and this will give you the monthly average for your expenses. For example if the average of your monthly expenses is: * Mortgage $2,000 * Utilities $500 * Insurance $500 * Food $800 * Medical $200 * Car payments $400 * Clothing $500 * Miscellaneous $100 That would be a total of $5,000 in expenses per month, leaving an excess of $6,170 each month. Divide the total average monthly expenses by your net monthly income, which will give you approximately 45%. You then subtract .45 from 1.0 (or 45 from 100), which will give you .55 or 55%, which is the percentage of your net income used on your household budget. If you want the average based on your gross income of $200,000, then you do it the same way, by dividing the total average monthly expenses by your total monthly gross income.