Fats and oils Spending
How much American households spend on fats and oils — 2024 data from the BLS Consumer Expenditure Survey
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), suggesting efficiency gains or shifting consumer preferences.
Income is the strongest predictor of 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)
| Year | Annual Amount |
|---|---|
| 2024 | $125 |
| 2023 | $144 |
| 2022 | $157 |
| 2021 | $133 |
| 2020 | $133 |
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 |
Frequently Asked Questions
How much does the average household spend on fats and oils? ▼
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Spending Guides
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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.
