Places Where People Spend the Most on Transportation

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“Residents of the Tampa, Florida metro area spent 17.00% of their annual income on transportation costs each year, averaging $10,692 in real dollars. The majority of that is spent on vehicle costs, including vehicle purchases, gas, motor oil and other expenses. Residents of this metro area spend $9,949 – or 15.82% of their income – each year on vehicle costs (the highest figure for this statistic across the study).” See More . . .

Image: Photo By ESRP / All Rights Reserved, via esrpcorp.com/esrpblog

Text Source: https://smartasset.com/data-studies/transportation-spending-2021#q=Places%20Where%20People%20Spend%20the%20Most%20on%20Transportation
By: Ben Geier (Savings, Retirement and Investing Expert at SmartAsset)