A recently released report, the 2023 U.S. Bill Pay Market Size & Category Breakout Report, shows that Russell Springs bills are $7,538 per year lower than the national average.
The average Russell Springs household pays $1,418 a month, or $17,019 a year for the 10 most common household bills, making the city the 62nd most expensive city in Kentucky for household expenses. In Kentucky, the average household pays $1,710 on those same bills.
The household expenses in Russell Springs, on average, are 30.7 percent lower than the national average of $2,046, with households spending 4o percent of their income on household bills.
The data, for Russell Springs and 4,000 cities across the United States, looks at the total amount spent on bills per month, and also breaks down bill payments into 10 different categories, including utilities, auto loans, phone and cable bills, insurance, and more.
The data shows that Americans spend a total of $3.87 trillion annually on household bills. The report also found that the average American household spends approximately $2,046 a month, or $24,557 per year on the ten most essential household bills.
Data from the city of Jamestown was not included in the database.