Household spending · Consumer Expenditure Survey · BLS CE 2024
Fats and oils Spending
How much American households spend on fats and oils - broken down by income, age, region, household size and tenure, from the BLS Consumer Expenditure Survey.
- Annual average (2024)
- $125
- Share of spending
- 0.2%
- Change vs 2023
- -13.2%
- Change vs 2020
- -6.0%
Spending Insight: Fats and oils
American households spent an average of $125 on fats and oils in 2024, representing 0.2% of total consumer expenditures. Spending declined 13.2% from 2023 ($144), indicating households may be cutting back or finding lower-cost alternatives.
Since 2020, fats and oils spending has fallen by 6% (from $133 to $125), a drop even in nominal dollars, suggesting efficiency gains or shifting consumer preferences.
Income is strongly associated with fats and oils spending: the top income quintile spends $186/year versus $74 for the lowest quintile, a 2.5x gap. Regionally, the West spends the most ($147/year) while the Midwest spends the least ($112/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)
Fats and oils spending per household, 2020–2024
National average annual spending
| Year | Annual Amount |
|---|---|
| 2024 | $125 |
| 2023 | $144 |
| 2022 | $157 |
| 2021 | $133 |
| 2020 | $133 |
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 fats and oils spending varies across income quintiles
| Income Group | Annual Amount |
|---|---|
| Lowest 20% | $74 |
| Second 20% | $106 |
| Middle 20% | $116 |
| Fourth 20% | $144 |
| Highest 20% | $186 |
By Region (2024)
Geographic variation in fats and oils spending
By Age Group (2024)
How fats and oils spending changes across the lifecycle
By Household Size (2024)
| Size | Annual |
|---|---|
| 1 Person | $66 |
| 2 People | $150 |
| 3 People | $130 |
| 4 People | $146 |
| 5 or More | $177 |
By Housing Tenure (2024)
| Tenure | Annual |
|---|---|
| Homeowner (with mortgage) | $140 |
| Homeowner (no mortgage) | $157 |
| Renter | $111 |
What to do with this data
The average U.S. household spends $125 a year on fats and oils - here's how to put that in context.
- Compare your own spending against the national income quintiles. Budget calculator
- See how fats and oils 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 fats and oils? ▼
Is fats and oils spending increasing? ▼
How does income affect fats and oils spending? ▼
Which region spends the most on fats and oils? ▼
Which age group spends the most on fats and oils? ▼
Does household size affect fats and oils 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.
