The Economic Policy Institute reports that family budgets for a modest standard of living have seven components: housing, food, child care, transportation, health care, other necessities such as clothing and entertainment, and taxes. The EPI notes that expenses rise as family size increases.
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The Economic Policy Institute reports that family budgets for a modest standard of living have seven components: housing, food, child care, transportation, health care, other necessities such as clothing and entertainment, and taxes. The EPI notes that expenses rise as family size increases.