Annual household income and household finances

The rising cost of living has become a hot topic due to the weak yen and rising prices caused by the situation in Russia and Ukraine.
As of October 1st, PET bottled products will be available for as much as 200 yen, and the wave of rising prices shows no signs of stopping.

In addition, there are many other issues such as marriage, childbirth, child-rearing, education, and retirement.
You need money at various LIFE of your life.

So, this time we looked into the question of household annual income, which many people are curious about.
(Household annual income is the total annual income of the people who make up the household (e.g., the person and their spouse))


●Average annual household income is 5.24 million yen
According to the results of a survey released by the Ministry of Health, Labor and Welfare, the average annual household income is approximately 5.24 million yen.
The largest proportion of households have an annual income of 4 million yen or less, with households with an income of over 10 million yen accounting for 12.6% of the total.


● Nearly 60% of households feel that their lives are "difficult"
According to the results of a survey also released by the Ministry of Health, Labor and Welfare, nearly 60% of people overall believe that "life is difficult,"
The proportion of households with children appears to be increasing even more.

With no increase in income expected, expenses (living expenses) are increasing.
It may also make life even more difficult.

To live a slightly more comfortable life, first of all, as part of reducing living expenses,
More and more households are reviewing their fixed costs, such as insurance and communication fees.

We are happy to advise you on reviewing your insurance premiums and household finances.
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