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
Please follow Your Money on Twitter and Facebook.
