What is the average UK weekly household expenditure?
Ever wondered how you are supposed to know if your electricity provider is charging you over the odds? How about your car insurance company? Unless you find out what other people are paying it’s almost impossible to know if you are getting a fair deal.
Our infographic uses reliable data sourced from the UK government, providing you with all the information you need to make a quick assessment of your weekly bills and to see how they compare with national averages.
It’s interesting to note that most UK households spend almost as much on transport as they do on rent and utilities, this is likely due to the price of petrol nowadays rather than expensive vehicle finance payments. When it comes to Fuel, the UK is one of the most expensive places on earth to fill up your tank, although Hong Kong is still the most expensive place on Earth to buy petrol, with the price per litre coming in at a staggering one pound and thirty pence.
The average UK household spends just six pounds and twenty pence per week on health, this cost is much lower than the comparative figure in other Western countries due to the fact that we have the NHS. In the USA the average family spends four hundred and twenty three Dollars and sixty five cents per week on healthcare, which equates to around two hundred and ninety two pounds!
UK Households spend an average of twenty two pounds and sixty pence per week on clothing and footwear. A frugal amount when compared to our Australian cousins who spend an average of around forty two pounds and eleven pence per week on their funky threads and fresh kicks.
Average UK communication bills come in at just fourteen pounds and fifty pence, though this amount does not include broadband costs. It seems we are already getting a fairly good deal on mobile bills compared to Canada, who’s unfortunate residents receive average mobile phone bills of around thirty eight pounds, and that’s per person!
UK households spend an average of just eight pounds and eighty pence per week on education. This reflects the fact that most UK citizens are educated in state schools. Most average private school fees now exceed the national minimum wage, and Eton students can expect to pay seven hundred and twelve pounds a week for their education not including extra-curricular activities such as music lessons.