Household and Personal Expenses
Farm Business Management - Moorhead
Northland Community and Technical College
(Farms Sorted By Net Farm Income)
| Avg. Of | ||
| All Farms | Low 20% | |
| Number of farms | 11 | 5 |
| Average family size | 3.6 | 3.8 |
| Family Living Expenses | ||
| Food and meals expense | 5,647 | 5,450 |
| Medical care | 2,137 | 1,569 |
| Health insurance | 3,851 | 1,491 |
| Cash donations | 2,015 | 957 |
| Household supplies | 4,581 | 4,469 |
| Clothing | 2,092 | 1,696 |
| Personal care | 932 | 1,286 |
| Child / Dependent care | 111 | 229 |
| Alimony and Child support | 914 | - |
| Gifts | 1,822 | 1,052 |
| Education | 1,451 | 888 |
| Recreation | 3,546 | 1,882 |
| Utilities (household share) | 1,252 | 737 |
| Nonfarm vehicle operating expense | 824 | 1,280 |
| Household real estate taxes | 339 | 333 |
| Dwelling rent | - | - |
| Household repairs | 1,950 | 1,539 |
| Nonfarm interest | 1,315 | 1,871 |
| Disability / Long term care insuran | - | - |
| Life insurance payments | 1,154 | 907 |
| Nonfarm property insurance | 116 | 256 |
| Miscellaneous | 236 | 478 |
| Total cash family living expense | 36,287 | 28,370 |
| Family living from the farm | - | - |
| Total family living | 36,287 | 28,370 |
| Other Nonfarm Expenditures | ||
| Income taxes | 18,535 | 6,834 |
| Furnishing & appliance purchases | - | - |
| Nonfarm vehicle purchases | 1,668 | 2,900 |
| Nonfarm real estate purchases | 729 | 474 |
| Other nonfarm capital purchases | - | - |
| Nonfarm savings & investments | 2,095 | 4,038 |
| Total other nonfarm expenditures | 23,027 | 14,245 |
| Total cash family living | ||
| investment & nonfarm capital purch | 59,314 | 42,615 |