It depends on what part of the world the family lives. In the UK, it is about 5%, or at least that is the general consensus
25
About 4% of your net annual income.
asha
The percentage of family income that is spent on food in China is about 45%. This is attributed to the high cost of living associated with the stagnating economy.
20%
Total of income. Total spent on utilities. utilities divided by 100, timed by income, will give the percentage of utilities.
20 percent
12%
No, Lindsey did not spend 8 of her monthly income on personal items. To calculate the percentage of her income spent, divide the amount spent ($125) by her monthly income ($1700) and multiply by 100. In this case, 125 divided by 1700 equals approximately 0.0735, or 7.35% of her monthly income.
Total Income = ? % spent on Rent = 23% % spent on food = 20% % spent on Other expenses = 42% Amount remaining = 360 % remaining = 100 - (23 + 20 + 42) = 15% 15% of X amount = 360. So X = 360/15% = 2400 The families total income is $2400
Child support is based on a formula of income and percentage of time spent with each parent.
Most people spend around 60% of their income in household expenses. The expenses include things such as mortgage, utilities and food items.