How much does the average person spend on clothes in a year?

How much does the average person spend on clothes in a year?

Average monthly clothing expenses are about $134 (that’s $1,604 per year).

How much does the average consumer spend on clothing?

In the UK, respondents with a household reference person aged 30 to 49 spent an average of 29.10 British pounds a week on clothing and footwear, this was the highest spend out of all age groups. Households with a reference person aged over 75 years only spent 11.30 British pounds per week.

How much does a family of 4 spend on clothes?

The average family of four spends around $1800 per year on clothes, with $388 of this on shoes.

How much money do parents spend on school clothes a year?

In 2021, parents are expected to spend an average of $253.46 on new school clothes. Realistically, though, you can probably spend a lot less if you seek out back-to-school sales.

How much do parents spend on clothes a year?

According to a report from the United States Department of Agriculture, families might spend up to $1,280 annually on clothing, especially if you have tweens or teens. That’s approximately 6% of the total costs to raise a child.

Who buys the most clothes in the world?

China is particularly dominant – the quantity of garments sold there is more than the other nine countries in the list combined. On average a US consumer purchases one mid-priced item of clothing per week.

What ages spend the most money?

Aged 35 to 64 The 35- to 64-year-old group had, on aver- age, the highest level of total expenditures ($42,236) and spent more than the other two household groups in all major expenditure categories except for alcoholic beverages, health care, and cash contributions.

How much does the average American spend on clothing?

Herein, how much does the average American spend on clothes per year? The average person spends around $161 per month on clothes – women spend nearly 76% more than men do on clothing in a year. The average family of four spends around $1800 per year on clothes, with $388 of this on shoes.

How much would average person spend on clothes per month?

Depending on where you look, the answer to how much people spend on clothing (on average) varies. The average person spends around $161 per month on clothes – women spend nearly 76% more than men do on clothing in a year. Women spend (on average) between $150-$400 per month on clothing.

What percentage of income should be spent on clothing?

Percentage spent on clothing. Experts recommend spending no more than 8 percent of your income on clothing monthly. Percentage spent on groceries and dining out: Experts say you should aim for 18 percent of your income on total food expenses.

How much you should really be spending on clothing every month?

According to Dunn, you should spend 5% of your monthly income on clothing. To find the exact dollar amount you should be spending per month, multiply your take-home pay by 0.05. For example, if your monthly take-home pay is $3000, you should spend around $150 per month on clothing.