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2 weeks ago | 
wallethub.com | Adam McCann
Adam McCann, WalletHub Financial WriterJun 10, 2025Adam McCann, WalletHub Financial Writer Jun 10, 2025 Average Grocery Cost for 2 People:April: $556.70 YoY Change: 2.05% increase Grocery costs can take a significant chunk out of your monthly budget, especially when you're buying for two. Understanding what to expect can help you budget better, avoid overspending, and maximize how much you save.
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3 weeks ago | 
wallethub.com | Adam McCann
Adam McCann, WalletHub Financial WriterJun 4, 2025Adam McCann, WalletHub Financial Writer Jun 4, 2025 Americans hold over $1.6 trillion in car loan debt – more than $13,700 per household, and that amount keeps growing. At the same time, interest rates have trended upward sharply in recent years and have only slightly declined from their peak, and car prices have experienced significant inflation as well.
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3 weeks ago | 
wallethub.com | Adam McCann
Adam McCann, WalletHub Financial WriterJun 2, 2025Adam McCann, WalletHub Financial Writer Jun 2, 2025 More than 8 in 10 adults in the U.S. own at least one credit card, and the average person has five different credit card accounts (including store credit cards). The statistics below shed light on credit card ownership and usage patterns among different demographic groups.
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3 weeks ago | 
wallethub.com | Adam McCann
Adam McCann, WalletHub Financial WriterJun 2, 2025Adam McCann, WalletHub Financial Writer Jun 2, 2025 Average Grocery Cost in 2023:Average Annual Cost of Groceries: $6,053YoY Change: 6% increaseThe average U.S. household spends more than $6,000 on groceries per year, according to data from the U.S. Bureau of Labor Statistics, and the expense has been growing over time. The $6,053 spent by the average household in 2023 marks a 30% increase from 2019.
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1 month ago | 
wallethub.com | Adam McCann
Adam McCann, WalletHub Financial WriterMay 29, 2025Adam McCann, WalletHub Financial Writer May 29, 2025 Health care has become progressively more expensive in the U.S. For example, Americans’ average yearly out of pocket health care costs rose from $763 to $1,425 over the past two decades, outpacing inflation.
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1 month ago | 
wallethub.com | Adam McCann
May 20, 2025 Fact checked You can pay a mortgage with a credit card, just not directly, as your lender is unlikely to allow it. Instead, you’ll have to use a third-party company as a middleman for the transaction, which will add extra fees to your mortgage payment. For example, the company Plastiq can help you pay your mortgage with a credit card but charges a fee equal to 2.9% of the payment amount. You could also make a mortgage payment in part using cash back rewards from your credit card.
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1 month ago | 
wallethub.com | Adam McCann
May 20, 2025 Fact checked Editor's Overview:The Winner: Hilton Hilton is the winner over Marriott because its rooms are cheaper on average, the hotel brands in its portfolio tend to have higher customer satisfaction ratings, and it's better for families. Marriott is still an excellent hotel brand. WalletHub rates the Marriott Bonvoy® rewards program slightly higher than Hilton Honors. Marriott also has more worldwide locations and owns more brands than Hilton.
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1 month ago | 
wallethub.com | Adam McCann
Adam McCann, WalletHub Financial WriterMay 15, 2025Adam McCann, WalletHub Financial Writer May 15, 2025 Credit card usage refers to how much people use credit cards to make payments or purchases. Almost 82% of adults owned a credit card in 2024, and 35% of transactions were made with a credit card. Some people use their credit cards to build credit and save money with rewards and low-interest promotions. Others use credit cards to rack up expensive debt.
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1 month ago | 
wallethub.com | Adam McCann
Adam McCann, WalletHub Financial WriterMay 6, 2025Adam McCann, WalletHub Financial Writer May 6, 2025 More than 9 in 10 Americans think budgeting should be taught in schools, according to a recent WalletHub survey. Despite this, only 11 of the 50 states get an A rating from the American Public Education Foundation. To earn an A, states must require completion of standalone personal-finance courses in high school and implement financial literacy education into their K-12 curriculum.
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1 month ago | 
wallethub.com | Adam McCann
Adam McCann, WalletHub Financial WriterMay 1, 2025Adam McCann, WalletHub Financial Writer May 1, 2025 Key StatisticsCredit Card Market Share: 32% Cash Market Share: 16% Trend: Credit card use is up 78% since 2016Credit cards are used twice as much as cash for payments, and the gap has been increasing over the years. Below, you can find more statistics that help illustrate the popularity of both payment methods, including how transaction amounts and the demographics of users are shifting.
