Many people have already received their 2nd stimulus check of $600, still other are waiting for it to show up in the mail or deposited into their bank account. One company, doxo, recently looked into just how far that $600 would go towards someone's bills in the Faribault area, the answer, not really far.

KDHL Radio logo
Enter your number to get our free mobile app

On average, according to doxoInsights, Faribault area residents pay $974 in bills a month, this number doesn't include rent or a mortgage payment. So the $600 stimulus check won't cover a month worth of bills for many people. But if you broke down those bills individually that $600 might cover some specific portions of it for the next couple of months. Doxo broke down those numbers, again on average, and how many months the $600 stimulus check would cover an individual for.

Utilities$254/month~2 month/s

 

Auto Loan$332/month~2 month/s
Auto Insurance$221/month~3 month/s

 

Cable & Internet$152/month~4 month/s
Mobile Phone$89/month~7 month/s

 

Health Insurance$171/month~4 month/s
Life Insurance$79/month~8 month/s

 

Alarm & Security$88/month~7 month/s
Dental Insurance$37/month~16 month/s

While the current stimulus check of $600 doesn't cover everything in our area's average of bills, it does help out with some things. According to the doxoInsights data the Faribault area ranks, #256 in the nation in average monthly bill amount, and #10 on Minnesota's highest average monthly bill list. The highest amount is found in Duluth with an average of $1,130 a month. Minneapolis/St Paul actually has a lower average than many areas with $930/month. Owatonna's average is slightly less than the Faribault area at $959/month.

6 Homes Under $50,000 in SE Minnesota

 

More From KDHL Radio