Fuel oil and other fuels Spending

How much American households spend on fuel oil and other fuels — 2024 data from the BLS Consumer Expenditure Survey

Annual average (2024)
$125
Share of total spending
0.2%
Change vs 2023
-10.7%
Change vs 2020
+19.0%

Spending Insight: Fuel oil and other fuels

American households spent an average of $125 on fuel oil and other fuels in 2024, representing 0.2% of total consumer expenditures. Spending declined 10.7% from 2023 ($140), indicating households may be cutting back or finding lower-cost alternatives.

Since 2020, fuel oil and other fuels spending has risen by 19% (from $105 to $125), broadly tracking with inflation-adjusted cost changes.

Income is the strongest predictor of fuel oil and other fuels spending: the top income quintile spends $220/year versus $63 for the lowest quintile — a 3.5x gap. Regionally, the Northeast spends the most ($421/year) while the South spends the least ($50/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 $140
2022 $160
2021 $122
2020 $105

By Income Level (2024)

How fuel oil and other fuels spending varies across income quintiles

Income Group Annual Amount
Lowest 20% $63
Second 20% $107
Middle 20% $96
Fourth 20% $139
Highest 20% $220

See full income breakdown →

By Region (2024)

Geographic variation in fuel oil and other fuels spending

See full regional breakdown →

By Age Group (2024)

How fuel oil and other fuels spending changes across the lifecycle

Age Group Annual Amount
25–34 $70
35–44 $103
45–54 $128
55–64 $163
65–74 $170
75 and older $156
Under 25 $9

See full age breakdown →

By Household Size (2024)

Size Annual
1 Person $71
2 People $149
3 People $163
4 People $135
5 or More $136

By Housing Tenure (2024)

Tenure Annual
Homeowner (with mortgage) $182
Homeowner (no mortgage) $176
Renter $191

Frequently Asked Questions

How much does the average household spend on fuel oil and other fuels?
The average American household spent $125 on fuel oil and other fuels in 2024, according to the BLS Consumer Expenditure Survey. This represents 0.2% of total household spending.
Is fuel oil and other fuels spending increasing?
Fuel oil and other fuels spending decreased by 10.7% from 2023 to 2024 ($140 to $125). Over 5 years (2020–2024), it changed by +19.0%.
How does income affect fuel oil and other fuels spending?
The lowest income quintile spends $63/year on fuel oil and other fuels, while the highest quintile spends $220/year — a 3.5x difference. Higher-income households spend more in absolute terms but may allocate a smaller share of their budget.
Which region spends the most on fuel oil and other fuels?
The Northeast region spends the most at $421/year, while the South region spends the least at $50/year on fuel oil and other fuels.
Which age group spends the most on fuel oil and other fuels?
Households headed by someone in the 65–74 age group spend the most on fuel oil and other fuels at $170/year.
Does household size affect fuel oil and other fuels spending?
Yes. 1 Person households spend $71/year on fuel oil and other fuels, while 3 People households spend $163/year. Larger households generally spend more in absolute terms on most categories.

Spending Guides

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Browse other major categories from the BLS Consumer Expenditure Survey.

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Data source: U.S. Bureau of Labor Statistics, Consumer Expenditure Survey (BLS CEX). BLS CEX homepage. Data represents average annual expenditures per consumer unit. 2024 data released 2025. See our methodology for processing details.

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.