How does our budget look? For two 27 year olds in MA

My husband and I are 27 and live in MA. I’m wondering if our budget seems reasonable. It feels expensive but is doable on one of our salaries. FYI this is all monthly

Mortgage: $2,450 My car: $250 (will be paid off in June) Husband’s truck: $475 Gas: $300 Pets: $100 Wi-Fi: $95 Groceries & toiletries: $800 Subscriptions: $40 Gym: $50 Utilities: $350 Medications: $50 Phone: $60

Total: $5,000 / month

Is this what most (middle class?) people are spending with no kids on an average month? Neither of our families or friends talk about finances so it’s hard to tell.

We have a separate allocated funds for hobbies/actives but we hardly go out to eat. We do eat healthy but shop at Aldi every week. I am not working currently and cook 7 night a week. We truly don’t spend more money than this a month unless it is talked about before hand and thought out. We have about 100k in savings.

Posted Dec 12, 2024, 7:56 PM UTC

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