The data illustrates information about breakdown of monthly household spending such as: food, rent, transportation,savings, entertainment and other in a city.
Overall, rent represents the highest spending while the lowest is “other”. Food and transportation are also plays a crucial role, whereas saving and entertainment are equally prioritised.
It is clearly observed that, money spent on rent obtained the largest segment, accounting for 35%. Food is second largest fraction makes up 25%, conveying its significance. Transportation is lower than for for 10%, constituting 15% of monthly expenditure.
Both entertainment and savings are obtained the same importance, contributing 10% of total budgetary plan, as well as keeping the balance between financial planning and interests. Lastly, “other” demonstrated the smallest fraction, contributing only 5% of monthly expenses.
