The chart gives information about the average expenditure behaviour for
homes
in relation to their income. The Use synonyms
homes
were divided into Use synonyms
three
levels based on net salaries.
It can be clearly seen that all Use synonyms
three
levels of houses spend around one-third of their annual income on housing. High-income Use synonyms
homes
spend more on retirement savings compared to the two other Use synonyms
homes
.
All Use synonyms
three
classes spend around fifty per cent of their income on housing and transport combined. Use synonyms
High-income
Add an article
The high-income
class
spends five per cent less on transportation. When it comes to meals, low-income Use synonyms
homes
spend around 12% of their salaries on food Use synonyms
whereas
middle-income and high-income Linking Words
homes
spend 8% and 5% of their salaries respectively and all Use synonyms
three
types of Use synonyms
homes
use less than 5% on eating out.
Low-income families spend two times more on utilities compared to high-income families. All Use synonyms
homes
spend around or less than 5% on environment, education, and clothing. A striking difference between the Use synonyms
three
classes can be seen in one category which is retirement savings where the high-income Use synonyms
class
spends two times more than the middle-income Use synonyms
class
and 3 times more than the low Use synonyms
class
.Use synonyms
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