1. Find the median actual spending for groceries
| Category | Month | Actual |
| Groceries | Jan | 425 |
| Groceries | Feb | 380 |
| Groceries | Mar | 410 |
=MEDIAN(425, 380, 410)
Result: 410
The three actual spending values for Groceries are 425, 380, and 410. Sorted as 380, 410, 425, the middle value is 410. This represents the typical spending amount, less influenced by the high January expense than an AVERAGE would be.
2. Find the median variance across all budget categories
| Category | Month | Variance |
| Groceries | Jan | -25 |
| Groceries | Feb | 20 |
| Utilities | Jan | -5 |
| Utilities | Feb | 2 |
| Entertainment | Feb | -10 |
=MEDIAN(-25, 20, -10, -5, 2, -10, 5, -10, 0)
Result: -5
With nine variance values from across the budget, sorting gives -25, -10, -10, -10, -5, 0, 2, 5, 20. The 5th value (middle of 9) is -5, which represents the typical over/under-budget outcome across all categories.
3. Find the median budgeted amount to understand typical allocation levels
| Category | Budgeted |
| Groceries | 400 |
| Utilities | 150 |
| Entertainment | 100 |
=MEDIAN(400, 150, 100)
Result: 150
With three budgets (400, 150, 100), the sorted list is 100, 150, 400, and the middle value is 150. This shows the typical budget allocation size across your spending categories.