Household spending · Consumer Expenditure Survey · BLS CE 2024
Average annual expenditures Spending
How much American households spend on average annual expenditures - broken down by income, age, region, household size and tenure, from the BLS Consumer Expenditure Survey.
- Annual average (2024)
- $78,535
- Change vs 2023
- +1.6%
- Change vs 2020
- +28.0%
Spending Insight: Average annual expenditures
American households spent an average of $78,535 on average annual expenditures in 2024. Year-over-year change was +1.6% (from $77,280 in 2023), roughly in line with broader consumer spending trends.
Since 2020, average annual expenditures spending has risen by 28% (from $61,334 to $78,535), broadly in line with the roughly 21% cumulative inflation over 2020–2024, so the real-terms change was modest.
Income is strongly associated with average annual expenditures spending: the top income quintile spends $150,342/year versus $35,046 for the lowest quintile, a 4.3x gap. Regionally, the West spends the most ($92,625/year) while the South spends the least ($70,376/year). Use the cross-cuts below, by income, region, age, household size, and housing tenure, to see which demographic factors drive this category hardest for your situation.
Spending Trend (2020–2024)
Average annual expenditures spending per household, 2020–2024
National average annual spending
| Year | Annual Amount |
|---|---|
| 2024 | $78,535 |
| 2023 | $77,280 |
| 2022 | $72,967 |
| 2021 | $66,928 |
| 2020 | $61,334 |
How we calculate this: % of Total is this category's published spend divided by that year's total household spend. YoY Change is the percentage difference between a year's amount and the prior year's amount. Both are computed from the raw BLS figures, not re-estimated.
By Income Level (2024)
How average annual expenditures spending varies across income quintiles
| Income Group | Annual Amount |
|---|---|
| Lowest 20% | $35,046 |
| Second 20% | $50,054 |
| Middle 20% | $66,900 |
| Fourth 20% | $89,972 |
| Highest 20% | $150,342 |
By Region (2024)
Geographic variation in average annual expenditures spending
By Age Group (2024)
How average annual expenditures spending changes across the lifecycle
By Household Size (2024)
| Size | Annual |
|---|---|
| 1 Person | $48,794 |
| 2 People | $91,324 |
| 3 People | $80,830 |
| 4 People | $92,205 |
| 5 or More | $109,002 |
By Housing Tenure (2024)
| Tenure | Annual |
|---|---|
| Homeowner (with mortgage) | $90,117 |
| Homeowner (no mortgage) | $104,329 |
| Renter | $70,906 |
What to do with this data
The average U.S. household spends $78,535 a year on average annual expenditures - here's how to put that in context.
- Compare your own spending against the national income quintiles. Budget calculator
- See how average annual expenditures spending shifts across income levels, ages, and regions. By income
- Track this category in your private watchlist to revisit as the data updates. Save categories
Figures are national averages from the BLS Consumer Expenditure Survey; your own household may differ from these means.
Frequently Asked Questions
How much does the average household spend on average annual expenditures? ▼
Is average annual expenditures spending increasing? ▼
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Does household size affect average annual expenditures spending? ▼
Spending Guides (show related guides)
Related Spending Categories
Browse other major categories from the BLS Consumer Expenditure Survey.
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the BLS Consumer Expenditure Survey. Consult a qualified professional before making decisions based on this data.
Read our methodology - how this data is sourced, computed, and verified.
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Free to reuse, including commercially, under CC0 (the underlying BLS Consumer Expenditure Survey data is public domain). A link back is appreciated.
