Americans spend the largest percentage of their income on:

Name: Americans spend the largest percentage of their income on:
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

According to the Bureau of Labor Statistics, Americans spend approximately 33% of their income on housing expenses, including rent, mortgage payments, and utilities. This is the highest percentage of their income compared to other expenses such as food (13%), taxes (15-20%), and medical care (7%). Therefore, the best choice would be C- housing.

Americans Spend the Largest Percentage of Their Income On