San Jose residents pay more for household bills than residents in any other major U.S. city, according to a new report — with annual costs reaching nearly $45,000 when housing is included.
San Jose ranks No.1 among the 50 largest U.S. cities with households spending a median of $44,947 a year on 13 common household bills, including rent or mortgage payments, utilities, insurance and car loans which equated to 31% of income, according to doxoINSIGHTS, a research service operated by bill payment platform doxo. That’s 78% above the national median of $25,266. New York City ranked second at $40,794, San Francisco came in third at $39,696, San Diego was fourth at $39,345 and Boston rounded out the top five at $38,630.
San Jose also ranked first among the 50 largest U.S. cities for bills excluding housing, with households paying a median $16,329 a year — 47% above the national median…