The given table compares the amount of money spent on necessity for a comfortable life by a single individual and a couple in Australia after retirement.
Overall, a retired couple allocates a larger total of expenditure for need than a single one. In addition, while a single person has the tendency to spend most on housing, its counterpart prioritizes leisure in a surveyed nation.
Regarding four expenses which are invested in above 100$, the total of 202$ is allocated for leisure, which is the most preferred section of a retired couple, in comparison with that of a single person (140$). In terms of housing and health, a couple is likely to pay more financial attention to these necessities than a single one. Particularly, people living as a couple allocate 194$ and 177$ for the former and the latter respectively, whereas 184$ and 122$ by a single individual respectively. Notably, the amounts of money they spend on transport are is relatively equal, with around $108.
Concerning the remaining categories, an Australian couple spends 80$ on clothing to accommodate the need for a comfortable life, nearly doubling that of a single person, which is about 44$. Similarly, 100$ is allocated for food by a couple, which is exactly two times higher than the figure for a single individual. Meanwhile, a couple also spends a bigger amount of money on for unspecified needs, 70$ as opposed to 37$ used by its counterpart in their retirement age.
In general, the total amount of money spent on necessities by a single individual in Australia is about $684, which is dwarfed by that of a couple (around $931), meaning that living as a couple helps to save more money than a single one.
