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 | 3.3 | 2.8 |
| Family Living Expenses | ||
| Food and meals expense | 5,436 | 4,946 |
| Medical care | 3,788 | 4,068 |
| Health insurance | 5,141 | 2,078 |
| Cash donations | 1,039 | 979 |
| Household supplies | 2,636 | 2,681 |
| Clothing | 1,911 | 1,511 |
| Personal care | 662 | 542 |
| Child / Dependent care | 28 | - |
| Alimony and Child support | - | - |
| Gifts | 3,595 | 2,462 |
| Education | 2,769 | 2,414 |
| Recreation | 3,117 | 1,924 |
| Utilities (household share) | 1,463 | 1,177 |
| Nonfarm vehicle operating expense | 1,368 | 1,531 |
| Household real estate taxes | 615 | 345 |
| Dwelling rent | 218 | 480 |
| Household repairs | 1,583 | 2,374 |
| Nonfarm interest | 1,289 | 875 |
| Disability / Long term care insuran | - | - |
| Life insurance payments | 2,006 | 801 |
| Nonfarm property insurance | 574 | 503 |
| Miscellaneous | 587 | 229 |
| Total cash family living expense | 39,825 | 31,922 |
| Family living from the farm | 60 | 133 |
| Total family living | 39,885 | 32,055 |
| Other Nonfarm Expenditures | ||
| Income taxes | 11,620 | 6,076 |
| Furnishing & appliance purchases | 182 | - |
| Nonfarm vehicle purchases | 2,930 | - |
| Nonfarm real estate purchases | 10,794 | 12,000 |
| Other nonfarm capital purchases | 433 | - |
| Nonfarm savings & investments | 7,301 | 5,611 |
| Total other nonfarm expenditures | 33,260 | 23,686 |
| Total cash family living | ||
| investment & nonfarm capital purch | 73,084 | 55,608 |