Saturday, May 07, 2011

Spending on gas takes up 9% of an average family's income

Round-trip airfare from New York to Los Angeles. More than a dozen dinners for two at Applebee's. Two 16 GB iPod nanos.
These are just a few of the things you could have bought if you weren't spending $368.09 a month on gasoline.
The study, which compared average gas prices with median incomes nationwide, also showed that U.S. households spent nearly 9% of their total income on gas last month

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