April 23, 2021
Business News

$1,400 COVID Stimulus Checks Will Cover Less Than One Month of Household Bills for Most Americans

SEATTLE–()–doxo, the innovative web and mobile bill pay service, today released new doxoINSIGHTS household consumer survey and financial data showing that the latest $1,400 stimulus check will provide only very short-term relief for most American households. According to doxo’s recently released 2021 U.S. Bill Pay Market Size & Category Breakout report, the average U.S. household spends $22,668 per year, or $1,889 per month on the 10 most common household bills, which suggests that the American Rescue Plan’s $1,400 stimulus checks will not even cover a month’s worth of household bills for most Americans.

Consumers Spend $1,889 per Month on the 10 Most Essential Household Bills

According to…

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