Monthly Expenses For A Single Person. Monthly expenses can vary depending on individual circumstances, location, and lifestyle choices. Remember, this is just a general list, and your actual expenses may vary. It’s essential to create a personalized budget based on your income, lifestyle, and financial goals to effectively manage your finances.
However, here’s a list of 20 common monthly expenses for a single person:
- Rent/mortgage
- Utilities (electricity, water, gas)
- Groceries
- Transportation (public transport, gas, car maintenance)
- Health insurance
- Phone bill
- Internet bill
- Streaming services (Netflix, Hulu, etc.)
- Gym membership
- Entertainment (movies, concerts, etc.)
- Dining out/takeout
- Clothing and personal care items
- Health-related expenses (medications, co-pays, etc.)
- Savings and investments
- Debt payments (credit cards, student loans, etc.)
- Insurance (car insurance, renters insurance, etc.)
- Household supplies (cleaning products, toiletries, etc.)
- Subscriptions (magazines, newspapers, etc.)
- Hobbies and leisure activities
- Gifts and donations.
