Personal Finances (Credit)
What percentage of Americans live paycheck to paycheck in 2025?
A) 28%
B) 44%
C) 60%
D) 74%
C) 60%
In 1980, the average rent for an apartment was about $250. What is it in 2025?
A) $900
B) $1,200
C) $1,700
D) $2,000
C) $1,700
What is the average new car price in 2025?
A) $44,000
B) $24,000
C) $34,000
D) $52,000
A) $44,000
What percentage of Americans under 30 lack health insurance in 2025?
A) 7%
B) 12%
C) 18%
D) 25%
B) 12%
In 1980, a gallon of milk cost $1.12. What does it cost in 2025?
A) $2.00
B) $3.80
C) $4.00
D) $4.25
B) $3.80
In 1980, the average student loan debt was about $3,000. What is it in 2025?
A) $12,000
B) $24,000
C) $32,000
D) $37,000
D) $37,000
What percentage of young renters (age 18–29) spend more than 30% of their income on rent in 2025?
A) 25%
B) 40%
C) 55%
D) 65%
D) 65%
In 1980, the average new car cost $7,000. Adjusted for inflation, that’s about $25,000 today. How much higher are cars now compared to that?
A) About the same
B) 20% higher
C) 40% higher
D) 75% higher
C) 40% higher
What is the average monthly premium for an individual health insurance plan in 2025?
A) $150
B) $275
C) $475
D) $650
C) $475
What is the average monthly grocery bill for one adult in 2025?
A) $200
B) $450
C) $600
D) $700
B) $450
What is the average credit card interest rate in 2025?
A) 9%
B) 13%
C) 21%
D) 29%
C) 21%
Which city currently has average rents over $3,500/month in 2025?
A) Atlanta
B) Miami
C) San Francisco
D) Denver
C) San Francisco
What is the average monthly car payment for new cars in 2025?
A) $350
B) $450
C) $550
D) $725
D) $725
In 1990, the average annual health insurance premium was $2,500 (family plan). What is it in 2025?
A) $8,000
B) $12,000
C) $18,000
D) $24,000
D) $24,000
In 1980, the average college tuition at a public university (with room & board) was about $3,000 per year. In 2025, it’s about:
A) $12,000
B) $18,000
C) $24,000
D) $30,000
D) $30,000
In 1980, 18-year-olds could buy a home with a price-to-income ratio of about 2.5:1. In 2025, that ratio is about:
A) 3:1
B) 5:1
C) 7:1
D) 10:1
B) 5:1
In 2000, only 12% of young adults lived with their parents. What is that number in 2025?
A) 15%
B) 22%
C) 31%
D) 36%
D) 36%
What percentage of car buyers in 2025 have loans longer than 72 months?
A) 10%
B) 20%
C) 30%
D) 40%
B) 20%
What percentage of renters carry renter’s insurance in 2025?
A) 30%
B) 45%
C) 57%
D) 70%
C) 57%
What percentage of young adults report delaying major milestones (marriage, kids, homeownership) due to cost of living?
A) 10%
B) 20%
C) 30%
D) 55%
D) 55%
What percentage of Americans cannot cover a $1,000 emergency with savings in 2025?
A) 28%
B) 44%
C) 57%
D) 63%
C) 57%
On average, rent has increased by what percentage since 1980 (adjusted for inflation)?
A) 10%
B) 22%
C) 37%
D) 54%
C) 37%
What is the average cost of car insurance for young drivers (age 18–25) annually in 2025?
A) $1,200
B) $1,800
C) $2,500
D) $3,500
D) $3,500
What is the average deductible for health insurance in 2025?
A) $500
B) $1,000
C) $2,000
D) $3,000
C) $2,000
What is the average cost of childcare per year for one child in 2025?
A) $6,000
B) $10,000
C) $14,000
D) $18,000
C) $14,000