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Family Living Costs Gone Wild? Part 2

2013-06-25 22:19:00| Corn & Soybean Digest

In the last article, discussion centered on farm family living cost trends based upon the family living data provided by Nebraska Farm Business, Inc. The average withdrawals now exceed $100,000, with over a $60,000 variation from the top third to the bottom third of producers in the database. The largest specific line item deviations from the high to low third are in cash donations, household supplies, recreation, repairs, life insurance and, yes, the catch-all miscellaneous category, which was two to five times greater for the group at the high end of the spectrum. Road Warrior read more

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