Monthly Expenses Calculator

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Monthly Expenses Calculator

Monthly Housing Expenses

Your total monthly housing payment, including mortgage or rent, homeowners/renters insurance, and property taxes.
Average monthly spend on home repairs, maintenance, and supplies.
Average monthly spend on utilities and phone service.
Other miscellaneous household expenses not captured above.

Monthly Personal Expenses

Average monthly spend on groceries, beverages, and dining out.
Average monthly spend on clothing.
Average monthly spend on personal care, such as cosmetics, haircuts, and grooming.
Average monthly spend on your own education expenses.
Average monthly spend on entertainment, such as streaming services, hobbies, and events.
Average monthly spend on pet care and supplies.
Average monthly spend set aside for vacations and holidays.
Average monthly charitable giving.
Average monthly spend on children, such as school and extracurricular activities.
Average monthly spend on subscriptions and membership dues.

Monthly Transportation Expenses

Average monthly vehicle lease or loan payment.
Average monthly spend on gas.
Average monthly spend on vehicle repairs and maintenance.
Average monthly auto insurance premium.
Other miscellaneous vehicle expenses not captured above.

Medical, Insurance, & Other Expenses

Average monthly medical and dental insurance premiums.
Average monthly spend on prescriptions.
Average monthly group and/or private life insurance premiums.
Average monthly group and/or private disability insurance premiums.
Average monthly long term care insurance premium.
Average monthly alimony or child support payments.
Any other monthly expenses not captured above.

Can you find ways to cut costs and increase savings?

Quickly see how monthly expenses affect your ability to save, pay off debt, finance a vacation, and more. A trusted financial advisor could show you other ways to save for the future.

Total monthly expenses
$13,800

That’s $165,600 per year across housing, personal, transportation, and medical expenses.

Annual expenses $165,600
Largest expense category Personal

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Results are hypothetical and for illustrative purposes only. Calculations are based on user‑provided information and assumptions that may not reflect actual market conditions or future outcomes. This tool does not provide investment, tax, or legal advice and does not account for all factors affecting individual financial situations. Investing involves risk, including possible loss of principal. No guarantee is made that any goal or outcome will be achieved.