Retirees Spend Nearly 37% On Housing

Housing costs account for 37% of retirees' expenses A typical retiree spent $59,616 in 2024, with $22,079 going towards housing. The average monthly expenditure was $5,000. Housing costs are the largest line item, making up nearly 37% of the total budget, or $1 i

Housing costs account for 37% of retirees’ expenses

A typical retiree spent $59,616 in 2024, with $22,079 going towards housing.

The average monthly expenditure was $5,000.

Housing costs are the largest line item, making up nearly 37% of the total budget, or $1 in every $3 spent.

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