The table shows average expenditures on needs for a comfortable life of a single person and a couple after their retirement in Australia. Overall, a couple spends more in all aspects. In addition, the most expensive costs are for the leisure of an old couple, while the least amount of money is spent on other needs.
Starting with relatively cheap expenditures, retired single person spends about $107 on transportation means, whereas a retired couple spends slightly more ($108). Other inexpensive items are clothing, food and other spendings. For food needs, about $50 is required from one person, followed closely by clothing costs at $44, and others at $37. An older couple spends almost twice as much money on the same expenses. For clothing about $80 for food, $100 and for other $70 are spent by a couple.
The relatively expensive costs are for ousing, leisure and health. The housing figure ($184) is the biggest among all other expenditures of a retired single person. However, a retired couple spends negligibly more money by only $10. The second most expensive spending for a retired couple is leisure . While that figure is about $140 for a single person , an elderly couple spends $202 for leisure. A retired couple spends about $177 for maintaining health, whereas a retired person spends $55 less. The total amount of expenditures for a single person and a retired couple are $684 and $931 respectively.