How much should I spend on clothes each month?

How much should I spend on clothes each month?

According to Dunn, you should spend 5% of your monthly income on clothing. To find the exact dollar amount you should be spending per month, multiply your take-home pay by 0.05. For example, if your monthly take-home pay is $3000, you should spend around $150 per month on clothing.

How much should a woman spend on clothes?

The average person spends around $161 per month on clothes – women spend nearly 76% more than men do on clothing in a year. The average family of four spends around $1800 per year on clothes, with $388 of this on shoes.

What is a normal clothing budget?

According to Dunn, you should spend 5% of your monthly income on clothing. To find the exact dollar amount you should be spending per month, multiply your take-home pay by 0.05. For example, if your monthly take-home pay is $3000, you should spend around $150 per month on clothing.

How much does the average woman spend on clothes per month?

The average person spends around $161 per month on clothes – women spend nearly 76% more than men do on clothing in a year.

How much money does the average woman spend on hair?

Multiplying each respondent's annual trips by his/her spend per trip, the average guy spends around $154.44 a year at hair salons/barber shops while the average woman spends $257.42. At first glance, women spend much more money than guys on their hair.

How much money should you spend on makeup?

A new study looked at the buying habits of 3,000 women to determine how much money is spent on our faces alone and the number is staggering. The U.S. company Skin Store found that on average, women will spend approximately $300,000 on makeup in their life time.

How much money does a woman spend on clothes a year?

It appears most women, on average, will spend somewhere between $150 and $400 on clothing on a monthly basis, which equates to approximately $1,800 to $4,800 per year.

How much do you spend on personal care a month?

The average annual cost of such items per household is $707 (about $60 per month), according to the Bureau of Labor Statistics' 2016 Consumer Expenditure Survey.

How much do you spend on beauty?

They found that the average woman spends almost a quarter of a million dollars ($225,360, to be exact) on her appearance in her lifetime. A quarter of a million. That's almost $4,000 a year. Of that small fortune, women spend over $50k just on their faces.

How much should personal care cost?

The basic financial planning rule is that housing costs shouldn't take up more than 30 percent of your monthly income, groceries and personal items should be around 10-15 percent, and utilities around 10 percent. Self-care should take up much less than that — about 5 percent of your budget, maximum.

How much should I spend on hair?

How Much Money the Average Women Spends on Hair Care. From getting highlights and trims at the salon to shampooing, blow drying and styling at home, women invest a lot of money and time into their hair. According to a new survey conducted by lookfantastic.com, those numbers equate to roughly $80 and 11 hours per month.