The table compares the expenses spent on different needs by a retired couple and single in Australia.
It is evident that retired couples spend more across all categories than retired singles, with total expenditures amounting to $931 and $684, respectively. Notably, individuals tend to spend the most on Housing, Leisure, and Health compared to other categories.
Looking at the data of Housing in more detail, we can see that it is the most spent category regarding a retired single person and is allocated a nearly equal amount of money from that of a retired couple. Apropos of Leisure and Health, a bigger disparity can be seen in their data.
A retired single person spends only half of the expenses needed to provide for a retired couple in Others, Food and Clothing. It is also apparent that Others is the least spent category. Both groups spend almost the same on Transport, with costs for this category remaining below $110.
