How much do Modestans spend on monthly bills? New report details costs for city and county
Modesto residents can expect to spend up to 10% more than the national average on the 10 most common household bills, including mortgage/rent, auto loans and utilities.
A recent report published by online bill payment application Doxo found that Modesto residents spend an average of $2,336 per month compared to the national average of $2,126 per month.
Though higher than the national average, Modesto remains more affordable than other cities in California coming in at 381 out of 456 cities. The most expensive city was Porter Ranch located in southern California’s San Fernando Valley with expenses averaging $4,878 per month. The least expensive was the northern California city of Clearlake with monthly expenses costing an average of $1,827.
Doxo looked at the 10 most common household bills to make this determination. In Modesto, the average costs are:
Mortgage- $1,751
Rent- $1,473
Auto loan- $594
Utilities- $273
Health insurance- $92
Auto insurance- $142
Cable/Internet- $140
Cellular service- $135
Alarm Security- $64
Life insurance- $55
According to this data, Modesto residents spend 39% of their household income on bills, the majority of that being mortgage or rent. A recent Modesto Bee story highlighted the rising cost of rentals in the region. While rental prices may be higher than other cities, the monthly expenses are still 22% lower than the state average of $3,010.
When compared to the average across California counties, Stanislaus is the 32nd most expensive county out of 55 analyzed with an average of $2,323 per month. Other cities in the county included monthly expense averages of $2,126 for Ceres, $2,252 for Oakdale, $2,271 for Turlock, $2,530 for Patterson and $2,575 for Riverbank.
