Families struggling as costs climb

first_imgOtago Daily Times 29 November 2013Families are struggling to keep up with bill payments as everyday expenses continue to rise, a budgeting service says.A Statistics New Zealand survey shows average weekly household spending has increased by more than $90 over the past three years, to $1111.That’s been driven by significant increases in the cost of food, transport, housing and household utilities like gas and electricity.Aucklanders are spending the most, an average of $1253 a week, and spend significantly more on housing, transport and food than residents elsewhere in the country.The Household Economic Survey showed housing costs and utilities were the biggest household costs at $272, making up about a quarter of household bills on average.Food costs made up one-fifth of expenses, costing $192 a week on average, up from $177 three years ago.Darryl Evans, CEO of the Mangere Budgeting Service, said clients were spending a large portion of their income on rent, with very little left for food.http://www.odt.co.nz/news/national/283364/families-struggling-costs-climblast_img

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