How to Save Money on Furniture in the U.S.
Posted On June 22, 2021
The last time I checked, Americans still paid more than twice as much for their furniture than Europeans.
In fact, the average American household spends more than $8,000 per year on furnishings, according to the National Furniture Association.
That’s about twice as expensive as the average person living in France.
While that might seem like a small amount, consider that the average U.K. household spends $2,000 a year on furniture.
And while the average European household spends about $6,000, the French spend $1,000 more per year.
But Americans still make up the majority of furniture shoppers in Europe, according the U-K.
That may seem surprising, but Americans aren’t just spending more on furniture, they’re spending more than any other country.
A recent report from the University of Oxford found that Americans spend nearly half the amount on furniture as the French, a whopping $13,000 on average per person.
But if you were to break it down by cost per square foot, Americans actually pay more for the same amount of space than the French.
According to the study, a one-bedroom apartment costs the average household $3,065 per square feet while a one bedroom apartment in a two-bedroom condo costs $4,150 per square.
And that’s not even accounting for the $1 million cost to buy a two bedroom apartment on a private beach, $1.8 million for a one room apartment on the beach, and $1 billion for a three-bedroom on the ocean.
In the end, Americans are still spending more per square-foot than anyone else, according a 2015 survey by the Pew Research Center.
But the gap is widening.
According the report, the cost of a typical American apartment is now $1 per square meter, compared to $2 per square meters in 2014.
In 2018, that number jumped to $1per square foot.
The average cost per foot of new housing in the United States has jumped by nearly 50 percent since 2004, according Pew.
And according to a 2015 report from The Washington Post, a typical apartment in the District of Columbia costs $1m, or nearly $4.7 million.
In 2016, that cost was $1mm, or $4 million.
The biggest cost, according that study, is electricity: electricity costs $2.4 per month per household, while water is $1 each month.
The cheapest option is a one to two-bedroom apartment, which can cost anywhere from $300 to $600 per month depending on the size of the apartment and the type of space.
But for most Americans, that kind of cost is a big expense, according Paul Einhorn, president of the American Furniture Institute.
“When we talk about the costs of owning a home, we’re really talking about how much you spend on furniture,” Einathan said.
“If we were to put that same cost on a refrigerator or a television or a pair of shoes or a chair, you’d have to spend twice as many dollars to have the same type of living space as you do in Europe.”
The average American apartment costs $3.3 million, according research by consulting firm Cushman & Nash.
According for the study released last week, that’s about $16,500 per square inch, or about $3 million per person, for a two person apartment in San Francisco.
But that doesn’t include the costs associated with moving or moving frequently.
The cost of living in Europe is higher than in the States because of the country’s high cost of food, transportation, and utilities, Einahn said.
When you factor in the costs to get to the airport or train station in Europe and the costs for the day-to-day expenses of living, Eanahn said the U,S.
apartment market is just “incredibly competitive.”