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It's Shocking What It Costs To Be An American Consumer Today

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Anyone can "make it in America," but the question remains: at what cost? 

The median household income in the U.S. hovers right below $52,000, according to U.S. Census data

To find out just where that cash is going, we've trolled through the latest data in employment, transportation, and common consumer expenditures. 

HOUSING: $181,500 is the median asking price for homes today (about $827.22/month with a 30-year fixed rate loan at today's interest rates).

Source: The National Association of Realtors.



RENT: Between $865 and $1,008 per month. Rental rates continue to soar, with a 5.3 percent gain over 2011, according to Trulia.

Source: RealFacts via the L.A. Times/Trulia 



MARRIAGE: The average couple spends $27,000 to tie the knot, which includes $1,121 for the wedding gown alone.

Source: The Knot



See the rest of the story at Business Insider

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