Household and Personal Expenses
Farm Business Management - Moorhead
Northland Community & Technical College
(Farms Sorted By Net Farm Income)
Avg. Of | |
All Farms | |
Number of farms | 10 |
Average family size | 3.0 |
Family Living Expenses | |
Food and meals expense | 6,483 |
Medical care | 3,712 |
Health insurance | 2,829 |
Cash donations | 3,025 |
Household supplies | 3,996 |
Clothing | 2,629 |
Personal care | 837 |
Child / Dependent care | 23 |
Alimony and Child support | - |
Gifts | 1,841 |
Education | 2,927 |
Recreation | 2,911 |
Utilities (household share) | 1,556 |
Nonfarm vehicle operating expense | 1,890 |
Household real estate taxes | 837 |
Dwelling rent | 1,265 |
Household repairs | 1,172 |
Nonfarm interest | 1,097 |
Disability / Long term care insuran | 183 |
Life insurance payments | 1,198 |
Nonfarm property insurance | 343 |
Miscellaneous | 719 |
Total cash family living expense | 41,473 |
Family living from the farm | - |
Total family living | 41,473 |
Other Nonfarm Expenditures | |
Income taxes | 13,324 |
Furnishing & appliance purchases | 51 |
Nonfarm vehicle purchases | 499 |
Nonfarm real estate purchases | 11,445 |
Other nonfarm capital purchases | 150 |
Nonfarm savings & investments | 2,795 |
Total other nonfarm expenditures | 28,264 |
Total cash family living | |
investment & nonfarm capital purch | 69,736 |