What do Canadians buy and spend their money on average? (2011)
StatsCan released some numbers on what Canadians spent in 2011.
Their average Gross Income = $55,151
After taxes of $10,633, they have about $44,518 to spend.
They also had some notes and details in regards to this spending
- Homeowners spent $17,123 or $1426.92 per month
- Renters spent $11,320 or $943.33 a month
- Spending difference between rural and urban areas is about $5072 a year or $422.66 a month
- Average spending on gas was about $2606 or $217.16 a month
- Homeowners spent about $6806 or $567.16 a month more than renters on their cars
- Senior households spent about 6.8% on healthcare, or 4.2% more than those under the age of 30
- That works out to about an additional $1869.76 a year or $155.81 a month
- Cellphone spending increased 5.1% from 2010
- 79.4% of all homes own at least one cellphone
- Households like mine, who only have a cellphone and no landline, make up 12.8%
- Quebec at 70.4%, had the lowest cellphone-ownership rates
- Alberta at 88.5% had the highest cellphone-ownership rates
BETWEEN THE RICH AND THE POOR
The 20% of households with the lowest incomes spent an average of $29,129.
- 50.5% of that went to food, shelter, clothing and accessories, or $1225.84 a month
The 20% of households with the highest incomes spent an average of $143,519
- 28.9% of that went to food, shelter, clothing & accessories, or $3456.41 a month
- Almost the same amount (27.8%) went to taxes, or $3324.86 a month
To pay those taxes, the average household income for the rich would be around $130,000 gross.
The difference in spending between the 20% with the lowest and the 20% with the highest for food, shelter, clothing and accessories is about $2230.57 a month.
COMPARING MY 2012 NUMBERS WITH THESE CANADIAN 2011 NUMBERS
If 2011 was a typical year, I spend about $523.53 more per month than an average Canadian.
If we were to look forward towards 2013, my estimated budget as a freelancer (looking at things yearly), is about $30,000 this year.
I’ll be $958 UNDER each month, versus an average Canadian.