How Are Americans Spending Their Money?

How Are Americans Spending Their Money? Average Expenditures By Age Group Based on the U.S. Bureau of Labor Statistics' 2019 Consumer Expenditure Survey 2$ Cash Contributions Housing Transportation Food Personal Insurance and Pensions Health Care Entertainment Apparel and Services Miscellaneous Personal Care and Services Education Alcoholic Reading Tobacco and Smoking Products Beverages All Consumers Younger Than 25 Years 25-34 Years 35-44 Years 45-54 Years 55-64 Years 65-74 Years 75 Years and Older $20,679 (32.8%) $12,741 (32.4%) $20,499 (35.9%) $24,683 (33.0%) $23,876 (30.9%) $21,192 (30.5%) $18,709 (34.0%) $15,806 (36.2%) $13,351 (17.3%) $11,380 (16.4%) $10,742 (17.0%) $8,305 (21.1%) $13,685 (18.3%) $8,640 (15.7%) $10,296 (18.0%) $5,960 (13.7%) $10,076 (13.0%) $8,579 (12.3%) $8,169 (13.0%) $7,305 (13.3%) $5,597 (12.8%) $9,760 (13.0%) $5,835 (14.8%) $7,370 (12.9%) $9,203 (13.2%) $10,374 (13.4%) $7,165 (11.4%) $3,826 (6.9%) $1,532 (3.5%) $9,564 (12.8%) $7,261 (12.7%) $6,914 (15.8%) $3,335 (8.5%) $6,772 (12.3%) $5,958 (8.6%) $5,193 (8.2%) $5,345 (6.9%) $1,510 (3.8%) $4,822 (6.4%) $3,162 (5.5%) $3,090 (4.9%) $1,389 (3.5%) $3,856 (5.0%) $3,981 (5.7%) $2,700 (4.9%) $1,946 (4.5%) $428 (1.1%) $3,661 (4.9%) $1,407 (3.6%) $2,395 (4.2%) $2,125 (2.7%) $1,995 (3.2%) $2,372 (3.4%) $2,536 (5.8%) $2,586 (4.7%) $2,146 (2.9%) $880 (1.5%) $1,883 (3.0%) $2,993 (7.6%) $1,878 (3.3%) $2,380 (3.1%) $1,828 (2.6%) $2,488 (3.3%) $1,497 (2.7%) $1035 (2.4%) $2,698 (3.5%) $1,782 (2.6%) $1,443 (2.3%) $899 (1.4%) $786 (1.2%) $1,197 (2.1%) $1,235 (1.6%) $944 (1.3%) $907 (1.2%) $860 (1.6%) $312 (0.8%) $479 (1.2%) $672 (1.2%) $608 (1.1%) $1,095 (1.4%) $1,002 (1.3%) $1,174 (1.7%) $835 (1.2%) $745 (1.7%) $685 (1.6%) $737 (1.3%) $579 (0.9%) $327 (0.8%) $525 (0.9%) $544 (0.7%) $722 (0.9%) $714 (1.0%) $433 (0.8%) $237 (0.5%) $320 (0.5%) • $186 (0.5%) $341 (0.6%) $359 (0.5%) $374 (0.5%) $83 (0.1%) $399 (0.6%) •$614 (1.1%) $341 (0.8%) $92 (0.1%) $46 (0.1%) $44 (0.1%) $91 (0.1%) $97 (0.1%) $285 (0.5%) $130 (0.3%) $124 (0.2%) $159 (0.4%) Average Annual Expenditures All Consumers Younger Than 25 Years 25-34 Years 35-44 Years 45-54 Years 55-64 Years 65-74 Years 75 Years and Older $63,035 $39,293 $57,128 $74,889 $77,357 $69,494 $55,088 $43,623 A Closer Look at Specific Expenses Food at Home Food Away from Home Shelter All Consumers $4,643 Younger Than 25 Years $2,743 25-34 Years $3.836 35-44 Years $5.458 45-54 Years $5.659 55-64 Years $5,094 65-74 Years $4,411 75 Years and Older $3,566 All Consumers $3,526 Younger Than 25 Years $3.092 25-34 Years $3.534 35-44 Years $4.302 45-54 Years $4.416 55-64 Years $3,486 65-74 Years $2.894 75 Years and Older $2,031 All Consumers $12,190 Younger Than 25 Years $8,436 25-34 Years $12,898 35-44 Years $14.656 45-54 Years $14,151 55-64 Years $12,094 65-74 Years $10,486 75 Years and Older $8,791 $ 15K $5K $ 15K $5K $ 15K $5K $ 10K $ 10K $ 10K Utilities, Fuel, and Public Services Cell Phone Service Laundry and Cleaning Supplies All Consumers $1,218 All Consumers $4,055 Younger Than 25 Years $2,233 25-34 Years $3,418 35-44 Years $4,475 45-54 Years $4,840 55-64 Years $4,400 65-74 Years $4,037 75 Years and Older $3,508 Younger Than 25 Years $888 25-34 Years $1,213 35-44 Years $1,543 45-54 Years $1,654 55-64 Years $1,276 65-74 Years $933 75 Years and Older $527 All Consumers $185 Younger Than 25 Years $96 25-34 Years $133 35-44 Years $208 45-54 Years $231 55-64 Years $203 65-74 Years $199 75 Years and Older $159 $ 15K $SK $ 15K $5K $ 15K $5K $ 10K $ 10K $ 10K Vehicle Gasoline and Motor Oil Health Insurance Insurance All Consumers $2,094 Younger Than 25 Years $1,579 25-34 Years $2,136 35-44 Years $2.610 45-54 Years $2,648 55-64 Years $2,239 65-74 Years $1.635 75 Years and Older $1,047 All Consumers $1,545 Younger Than 25 Years $1.130 25-34 Years $1,520 35-44 Years $1,779 45-54 Years $1,919 55-64 Years $1,653 65-74 Years $1,313 75 Years and Older $1.002 All Consumers $3,529 Younger Than 25 Years $986 25-34 Years $2,196 35-44 Years $3,278 45-54 Years $3.633 55-64 Years $3.864 65-74 Years $4,833 75 Years and Older $4.635 $ 15K $5K $ 15K $5K $ 15K $5K $ 10K $ 10K $ 10K 10 11 12 Prescription Drugs Pets Pensions and Social Security All Consumers $486 Younger Than 25 Years $152 25-34 Years $202 35-44 Years $373 45-54 Years $469 55-64 Years $607 65-74 Years $692 75 Years and Older $799 All Consumers $681 Younger Than 25 Years $313 25-34 Years $522 35-44 Years $730 45-54 Years $880 55-64 Years $874 65-74 Years $649 75 Years and Older $441 All Consumers $6,645 Younger Than 25 Years $3,232 25-34 Years $7,037 35-44 Years $9,088 45-54 Years $9,701 55-64 Years $8,408 65-74 Years $3,208 75 Years and Older $1,136 $ 15K $5K $ 15K $5K $ 15K $5K $ 10K $ 10K $ 10K Swagbucks Source: www.bls.gov/cex/tables.htm